Gold and oil trading, the weakening of US Dollar against a basket of G10 and EM currencies, better known as the Dollar Index, contribute to higher energy prices in US ...
Oil prices are currently trading down near $76 a barrel early on Wednesday in Asia as investors mulled whether signs of a sluggish US economy and weak crude oil demand ...
Oil company Faroe Petroleum, the Aberdeen based oil minnow, has signalled plans to move into Greenland, one of the world's hottest exploration frontiers.Faroe has pre-qualified as an operator in the ...
A recent report about undue pressure by the US on the IEA, to distort crude oil projection figures is rather unsettling. The report, citing a whistleblower at IEA, indicated that ...
Nigeria's oil minister said on Tuesday that until the global economy recovers, OPEC has to make sure it does not put too much crude oil in the market because it ...