December 2009 Archive

US Light oil prices climb up in Asia trading on Friday

US Light oil prices are trading slightly higher in Asia on Friday, getting some support from a weaker US dollar and strengthening demand in the US, the world's biggest energy ...

Oil prices trading higher on colder weather in US and Europe

Crude oil prices rose during Asian trading Friday as investors bet that colder than normal temperatures in the US and Europe would spur a drawdown in bloated oil product stockpiles, ...

Brent crude oil trading higher on latest US data

Brent crude oil prices are trading higher on Friday on optimism fuel demand will increase amid improved prospects for an economic recovery in the US. Brent crude oil futures for ...

Peak oil , the end of the oil age is coming?

A peak oil story from Examiner - The end of the oil age is comingChuck Taylor has held senior management positions with Nabisco Brands, Ryder System Inc., Burlington Northern/Santa Fe ...

OPEC set to keep oil output steady, bets on US economy

OPEC is expected to keep oil output steady when it meets in Angola next week, rounding off a year of stable supply policy, as it bets US economic recovery and ...

Oil Prices