Topic: OPEC
World oil prices fell on Monday for the fourth consecutive session, hitting near six-week lows amid persistant worries that weakening growth in the United States could curtail energy demand. New York's main contract, light sweet crude for delivery in October, dropped 72 ...
World oil prices fell once more on Monday, hitting near six-week lows after failing to sustain early gains won on the back of a weaker dollar. New York's main contract, light sweet crude for delivery in October, dropped 68 cents to stand ...
World oil prices fell on Friday, holding under 76 dollars amid stubborn concerns over the global economic recovery despite upbeat growth data in Europe, analysts said. Brent North Sea crude for delivery in September slid 24 cents to 75.28 dollars a barrel ...
The disaster in the Gulf of Mexico is making people take notice.Oil is the most important energy source in every developed economy and is a vital ingredient in the emergence of the developing countries. No commodity has a greater impact on the ...
World oil prices surged on Wednesday, winning support from rebounding equities, global economic optimism and falling crude inventories in top energy consumer the United States, analysts said. New York's main futures contract, light sweet crude for delivery in July, jumped 2.85 dollars ...
Oil prices extended gains on Wednesday as investors awaited key energy inventory data from top consumer the United States. Ahead of the data, the Organization of Oil Exporting Countries (OPEC) held its forecast for oil demand to rise by 0.95 million barrels ...
Oil prices were mixed on Tuesday while managing to stay close to 72 dollars -- a price deemed "acceptable" by crude exporter Kuwait. New York's main futures contract, light sweet crude for delivery in July, rose 25 cents to 71.69 dollars a ...
The current oil price is "acceptable" and there is no need for OPEC to hold an extraordinary conference, Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said on Tuesday. "The price (of oil) is acceptable," said Sheikh Ahmad when asked about the current ...
World oil prices tumbled on Tuesday, shedding more than two-and-a-half dollars on the back of the stronger dollar, slumping equities, eurozone concerns and geopolitical fears over Korea, traders said. New York's main contract, light sweet crude for delivery in July, dived 2.34 ...
World oil prices tumbled on Tuesday, shedding more than two and a half dollars on the back of the stronger dollar, slumping equities, eurozone concerns and geopolitical fears over Korea, traders said. New York's main contract, light sweet crude for delivery in ...
Photo Gallery
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Belgium EU OPEC Gulf Oil Spill
Iranian Oil Minister Masood Mir-Kazemi, center, speaks during a media conference at ...AP News - -
Austria OPEC Meeting
Mohamed bin Dhaen Al Hamli, Minister of Energy from the United Arab ...AP News - -
ANGOLA OPEC MEETING
This photo taken Thursday, Dec. 17, 2009, shows the entrance to an ...AP News -
