November 2009 Archive

Oil trading around $77, set for weekly fall, demand concern

US Light crude oil prices are trading around the $77 a barrel in New York early Friday and are poised for a second weekly fall in three on signs fuel ...

IEA says rising oil price risks derailing economic recovery

The IEA on Thursday revised it 2010 world oil demand forecast slightly higher, but warned that rising crude oil prices, if sustained, risk smothering the fragile economic recovery underway.The Paris ...

Oil prices down 3 percent, trading below $77 after report

Oil prices tumbled in late trading on Thursday, dropping around 3 percent below $77 a barrel after the US government reported that petroleum supplies continue to grow as American drivers ...

Oil Prices