US Light oil price trading around $77, take a holiday

US Light oil futures price for January delivery was down to $77.30 a barrel at noon Singapore time in trading on the NYMEX on Thursday as the US takes a ...

Oil price trading around $77 amid mixed crude demand signs

Oil prices are currently trading around the $77 a barrel mark on Thursday in Asia amid mixed indications about the strength of global crude oil demand. Trading is closed Thursday ...

Oil companies in Russia and the foreign investment climate

Oil companies in Russia and the foreign investment climate. Attempting to reinvigorate Russian American business dialogue, develop bilateral energy cooperation and prospects for expanding Chevron’s investment and corporate presence in ...

IEA says China growth not seen leading to oil price rally

The IEA does not think rapid growth in Chinese oil demand will lead to a rally in crude oil prices in 2010, the agency's executive director said on Thursday. That ...

Venezuela says OPEC’s aim is for stable oil markets

Venezuela’s energy minister said on Tuesday that the focus of next month’s OPEC meeting in Angola will be ensuring stability in global oil markets.“OPEC will conduct in the Angola gathering ...

Peak oil is here, demand to outpace supply in 2010

For all peak oil fanatics , here's some news to make your day. Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge ...