Crude oil prices fell to their lowest level in nearly to months in trading on Friday as concern over losses stemming from Dubai World’s attempt to reschedule its debt led ...
ICE Brent crude oil price is trading lower on Friday around the $76 dollar mark as a heavy sell off overnight in Asia as nervous stock markets worried about banks' ...
US Light crude oil futures fell below $74 per barrel in Asia trading on Friday, as concerns about the debt crisis in Dubai, the global economic recovery and oil demand.On ...
US oil storage companies are seeing record demand for their storage facility services, yet, they don’t seem to be making the cut as far as profits from their services are ...
Alexander Redman, strategist at Credit Suisse says that an oil price at $80 a barrel is inconsistent with supply and demand dynamics, inventory levels and the current macroeconomic environment.“US gasoline ...
Oil prices sank to near $74 a barrel in trading on Friday in Asia as investors curtailed their risky bets on commodities amid uncertainty about stock markets and the global ...
OPEC will not change the quotas for oil production at a forthcoming meeting December 22nd, Western analysts believes. "Oil prices are at or above the levels that the cartel believes ...
