Brent oil price heads back towards $70 on lower markets

ICE Brent crude oil prices seem to be heading back down towards the $70 mark today as lower stock markets helped take around $3.50 off the price oil a barrel ...

WTI oil trading down 3 percent, near $73 on grim US data

WTI oil prices are trading over three percent lower in Thursday's afternoon session, close to the $73 mark as the latest US unemployment and house sales data look grimmer than ...

Oil price forecast, where’s crude heading for the rest of 2010?

Oil price forecast, where's crude heading for the rest of 2010?It's officially the 1st of July, and in the second half of 2010, with stock and currency markets showing no ...

The real Gulf BP oil crisis could be peak oil production

The real Gulf of Mexico and BP oil crsis could be peak oil production which maybe starting to rear it's head at BP's Thunder Horse oil platform that was supposed ...

OPEC member countries oil production falls on lower supplies

The latest 2010 OPEC member oil figures for crude oil production and general oil output from OPEC member countries fell in June 2010 because of lower supplies from Iraq, Angola ...

Brent oil trading under $75 as Europe markets head lower

Brent oil prices open Thursday's trading session lower as European stock markets head lower and are expected to fall further today.In London, Brent crude oil futures for August 2010 delivery ...

WTI oil price back at $75, stock markets trading lower

WTI crude oil prices open trading lower on Thursday around the $75 mark as US and global stock markets dip lower.US WTI Light crude oil futures for August delivery fell ...