BP restarts work to kill Gulf oil well as Bonnie dissipates

BP restarts work today to permanently plug and kill the Gulf oil well after tropical storm Bonnie dissipates and the well pressure is holding up to general expectations.BP continues to ...

Brent oil trading firm near $78 on weaker US dollar

Brent oil is trading firm near the $78 mark today with prices receiving a small lift as the US dollar showed signs of becoming weaker.In London, Brent crude oil futures ...

WTI oil price at $79, looks to recovery signs and markets

WTI oil prices are trading at the $79 mark on Monday afternoon as future prices may come from recovery signs in the US and Europe as well as activity in ...

Oil prices may lift as EU hit Iran with new oil santions

Oil prices may see a lift this week as the EU hit Iran with new and tough sanctions against its vital oil industry today in a bid to lure Iran ...

WTI oil trading near $80 as Gulf storm Bonnie fades away

WTI oil prices open trading close to the $80 mark in Asia as the US Gulf gets spared from the worst of tropical storm Bonnie which fell apart as it ...

Brent oil price trading near $78 on higher markets

Brent crude oil prices open the week's trading session higher near the $78 a barrel mark as Asian stock markets move up and European stock markets are expected to open ...