Oil pulled back from the $80 level despite the API reporting that inventories dropped last week, which indicates larger demand.Crude inventories fell 3.1mn barrels last week, whilst analysts had expected ...
Oil prices rose in trading on Wednesday after the latest data from US API showed a larger than expected drawdown in US crude oil stocks, signalling rising crude oil demand.Analysts ...
Ecuador's minister for oil policy Germanico Pinto said Tuesday that world oil prices should stay in a range between $70 and $80 for 2010 and OPEC has no need to ...
In spite of a winter that has been colder than normal, heating oil demand in industrialised countries this quarter is down thirteen percent from last year, says the IEA.Conventional ...
The UK presses on with Falkland Island oil exploration as South American countries seek a claim from the UN, this could get interesting...The UK have warned ownership of the Falklands ...
