June 2010 Archive

BP fails to contain oil spill as latest effort gets stuck

BP's repeated failures to contain the Gulf of Mexico oil spill hit a snag on Wednesday as BP's plan to cut a pipe before lowering a cap over the leak ...

WTI oil price trading higher, over $73 on US supplies data

WTI oil prices open trading over $73 a barrel Thursday in Asia after a report showed US crude inventories fell more than expected, suggesting consumer demand is growing.US Light crude ...

Brent oil price trading over $74 on US market bounce

Brent oil prices are trading up over $74 a barrel on Thursday open after positive US economic data sparked a rally in US and global stock markets, analysts said.In London, ...

Oil Prices