December 2009 Archive

Oil trading tips, watch the US Dollar Index for price comparison

Oil trading tips, crude prices fall as US oil supply jumped yesterday, but oil is now trading slightly higher on Thursday, do current oil prices have any relation to the ...

Oil futures edge higher in Thursday trading, weak US dollar

Crude oil futures edge higher in Thursday's trading session after falling around two percent a day earlier on a larger than expected gain in US crude oil inventories and a ...

Light oil prices trading lower as US reserves grow

Light oil prices ended Wednesday trading lower as more evidence stacks up that the US is using less energy while oil reserves continue to grow."Once the holiday was over, people ...

Peak oil, China and higher crude oil prices

Peak oil, China and higher crude oil prices - It is looking like the course of China's economy will have a lot more to do with your life and lifestyle ...

Falkland Islands could have 60 billion barrels of oil

Scientists believe that the Falkland Islands territory could have up to 60 billion barrels of oil underneath its coastal waters and a UK North Sea oil and gas exploration rig ...

IEA: Global oil market healthy before December OPEC meeting

The global crude market is well supplied and inventories are healthy ahead of the OPEC meeting later this month, IEA chief Nobuo Tanaka said Wednesday and when asked if OPEC ...

World’s No.1 oil producer Russia sets output record for 2009

Russia set a fourth consecutive monthly record for crude oil output in November 2009 to retain a position ahead of OPEC member country Saudi Arabia as the world’s largest oil ...

Oil Prices