EIA data sends oil prices lower, but how accurate is it?

Oil prices dip lower as the latest weekly EIA US crude oil stocks report showed a unexpected increase in oil inventories, but how accurate is it?US Light crude oil futures ...

BP oil relief well near completion as Gulf storm moves near

At last, the first BP oil relief well at the Gulf Deepwater Horizon spill is only a few days away from completion, however newly forming storm could delay operations once ...

Brent oil trading past $77 as oil prices set to go higher

Brent oil futures are trading higher on Wednesday afternoon, sailing past the $77 mark as many current market pointers could see oil prices go higher and through $80 a barrel ...

WTI oil trading closer to $80, follow US markets higher

WTI oil prices are trading higher on Wednesday and are moving closer to the $80 mark as US stock markets show some positive upsides on second quarter company earning results.US ...