Both Brent and Light crude oil prices end the week's trading session at four week highs although neither contract could break the $80 mark and short term future oil price ...
A recent Lloyd's of London reported that the world is heading for a global oil supply crunch (better known as peak oil) and that lack of oil by 2013 could ...
Shortly after being sworn in, the current US President commented on what many would believe to be a peak oil warning alarm bell for the US and the world."Oil is ...
An Iranian government official voiced his intentions to reject both US dollar and euro as payment for the oil giant's energy exports in the future. Iran has the world’s second ...
In it's latest report OPEC member countries forecast an 1.2% increase in global oil demand in 2011 with demand for its own crude oil to rise for the first time ...