Oil prices edge back above the $50 per barrel mark
October 7, 2015
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Business

Oil prices edge back above the $50 per barrel mark

The Secretary-General of OPEC, Abdullah al-Badri, said oil supply growth from non-OPEC producers might be…

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Oil continues to rise
October 7, 2015
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Business

Oil continues to rise

However, the world’s vast oil glut – which sent prices collapsing by 60 percent between…

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Oil bills rose amidst Syria distresses
October 3, 2015
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Business

Oil bills rose amidst Syria distresses

Oil falls after U.S. inventories show buildup
September 30, 2015
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Business

Oil falls after U.S. inventories show buildup

Oil prices were mixed in volatile trade on Wednesday, with global benchmark Brent up on…

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Oil falls after United States warns on health of global economy
September 24, 2015
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World

Oil falls after United States warns on health of global economy

USA benchmark crude West Texas Intermediate (WTI) was trading at $46.69 a barrel Thursday at…

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House of Representatives Votes to Allow Oil Exports
September 13, 2015
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World

House of Representatives Votes to Allow Oil Exports

The House energy committee will take its first step Thursday toward passing legislation to lift…

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Oil stocks hammered as U.S. crude supplies continue to climb
August 22, 2015
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Business

Oil stocks hammered as U.S. crude supplies continue to climb

West Texas Intermediate, the U.S. benchmark for crude oil prices, continued searching for a new…

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More layoffs, defaults expected as oil slides in August
August 13, 2015
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Business

More layoffs, defaults expected as oil slides in August

Oil prices remain near multi-month lows due to continuing oversupply concerns despite a larger drawdown…

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Oil futures trim gains after smaller-than-expected fall in inventory
August 12, 2015
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Business

Oil futures trim gains after smaller-than-expected fall in inventory

On the New York Mercantile Exchange, West Texas Intermediate futures were flirting with $US45 a…

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Oil prices rise amid more China imports
August 11, 2015
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Business

Oil prices rise amid more China imports

“If you look back at any analysis of marginal supply and producing oil to get…

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