Oil prices trading in positive territory on Wednesday

Crude oil prices are trading in positive territory on Wednesday, led by strong demand for US heating oil futures. Light, sweet crude oil futures for December delivery traded 36 cents, ...

Brent oil price trading up around $80, gold higher

Brent oil prices pushed higher for a third straight day on Wednesday trading around the $80 mark, even though the US dollar strengthened and fresh economic data gave mixed signals ...

Light oil price trading near $80 as market awaits EIA data

US Light oil prices rose Wednesday, trading closer to the $80 mark after data from the American Petroleum Institute showed a larger than expected drawdown in US crude oil inventories.On ...

OPEC member countries raising oil output as demand slows

Energy forecasters predict slowing growth in global oil demand in the years ahead, but some OPEC member countries are heading in the opposite direction and ramping up their oil output. ...