The US Coast Guard dispatched emergency teams Tuesday after a boat crashed into an oil well off the coast of New Orleans, spilling crude oil into the Gulf of Mexico.Oil ...
BP has said it plans to offset the entire cost of its Gulf oil spill against its tax bill, reducing future contributions to US tax coffers by almost $10bn.BP took ...
Goldman Sachs forecast that oil prices are “significantly” below the level warranted by fundamentals, offering hedging opportunities for 2010 and 2011, hence is oil way too cheap?Goldman Sachs said in ...
Oil prices are trading flat on Tuesday as the US dollar sinks lower and it seems that many investors are once again awaiting the US market open to get a ...
BP confirms the company posted losses of £11bn for the second quarter of the year and will write off £20.8bn to cover the cost of the Gulf of Mexico oil ...
