February 2010 Archive

Where are crude oil prices heading next week?

Where are oil prices heading next week? Crude oil prices recently mounted a short term rally last week were trading near the $80 mark but then later pulled back just ...

Marchant warns oil now scarce commodity, shortages by 2020

UK drivers need to start treating oil as a scarce commodity and switch to greener transport to avoid crude oil shortages by 2020, according to Ian Marchant, the chief executive ...

OPEC member Iran begins drilling oil well in Caspian Sea

OPEC member country Iran has begun drilling its first exploratory oil well in the Caspian Sea, in a bid to explore energy resources in the oil reach waters. "The Amir-Kabir ...

Oil Prices