US Light oil price trading around $83, higher oil stocks

US Light crude oil prices were holding steady in trading on Thursday after the US Energy Information Administration issued its weekly US oil inventories report a day earlier. The EIA ...

Brent oil prices trading around $81 on colder weather

Brent crude oil prices are trading around $81 on Thursday as colder, global freezing weather in the US, China and Europe supported the ten day rally in oil prices. Yesterday, ...

Asia executives looking to $90 plus 2010 crude oil prices

Cold weather could send crude oil prices above $90 later in 2010, local Asia executives say as oil prices are trading up around $11 over the past week with WTI ...

The peak oil crisis in 2010 – an annus horribilis

For Queen Elizabeth, 1992, the year Windsor Palace caught on fire and several of her kids separated, was a an annus horribilis, for the rest of us the coming year ...

OPEC El-Badri warns of higher oil prices if Iran attack

Salem El-Badri, the secretary general of OPEC has warned that the Middle East faces “enough problems” without the threat of a US or Israeli attack on Iran. “I sincerely hope ...