WTI oil price nears $75 after US crude supply data

WTI oil prices are closing back in on the $75 mark on Friday as the latest US crude oil supply data showed a dip lower.Light crude oil futures for July ...

Brent oil price trading at $75 as Euro stays at 4 year lows

Brent oil prices are trading around the $75 mark on Friday as the Euro fell as low as $1.2112 before easing off that low to $1.2155 against the dollar.Brent crude ...

BP lowers a cap onto leaking Gulf of Mexico oil well

Oil company BP las lowered a capping device on to a leaking oil well, in its latest attempt to stem the flow into the Gulf of Mexico oil spill at ...