Crude oil price are trading higher on Wednesday as a decline in the US dollar (see Dollar Index) heightened crude oil's appeal for hedging inflation.US Light crude oil futures for ...
Global demand for oil will peak within the next two decades, Tony Hayward the chief executive of BP said the plateau would be reached between 2020 and 2030 as falling ...
OPEC has told the BBC that compliance with oil production targets by the OPEC member countries fell to bewteen 50 and 56% in January 2010 compared with 80% a year ...
US crude oil futures touched $77.66 a barrel in trading on Wednesday, the highest price since January 21st, and was trading up 22 cents at $77.45 at 0758 GMT, while ...
World crude oil prices are trading around the $76 to $77 range a barrel Wednesday, after positive US home sales data and rising world stock markets aided momentum to the ...
Brent oil prices are trading up around three percent on Wednesday, near the $76 mark after posting its biggest percentage gain in four months a day earlier, as rising crude ...
US Light oil prices climbed over three percent in trading on Tuesday, extending strong day earlier gains as the global market appeared more optimistic about a brighter economic outlook and ...