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Oil futures rose by 1.6 percent, topping $106

Crude oil prices rose to two and half year highs on Monday on heightened worries about supply disruption due to deepening civil unrest in...

What’s behind the drop in oil prices?

The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February...

The $32 Trillion Push To Disrupt The Entire Oil Industry

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers...

Oil Prices to remain volatile

Analysis and discussion with Doug Sandler of Riverfront Investment Group

Five trends for the liquefied natural gas industry in 2013

As the world enters an era of tighter gas markets, the liquefied natural gas (LNG) industry promises hope, with new gas basin discoveries, innovative...

Oil rally on price forecast upgrades

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...

Oil Current Overview and Outlook

WTI prices increase by 2.6% to USD105.11 per barrel in the review period Increase in geo-political risk keep oil prices high OPEC production (ex Iraq) increases...

Dubai announces crude oil price for May 2013 delivery

The Department of Oil Affairs in the government of Dubai today announced that it had notified its customers that the official selling price (OSP)...

Oil Jobs Lost: 250.000 and Counting

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again...

OPEC pumps 28.94 million barrels per day in November

The Organization of the Petroleum Exporting Countries(OPEC) crude oil production rose to 28.94 million barrels per day (b/d) in November, an increase of 50,000...

The Energy Information Administration expects oil price to average $93 a...

The Energy Information Administration in the US said on Tuesday, world oil consumption rose 2.2 million barrels per day in 2010 to 86.6 million,...

Reduce energy demands drive crude lower

Past weak, crude oil for September delivery had a rough two weeks as it sank to its lowest level in 11 - months, down...

Goldman Sachs forecast slightly lower oil prices

Influential oil analysts at investment bank Goldman Sachs sees lower oil prices for 2013 and 2014. In its  Thursday note to investors, the investment...

World Oil Demand Growth Unchanged in June; EIA Cuts Forecast

· WTI crude oil price rose by 2.6% to USD94.54 per barrel · World oil demand growth remains almost unchanged at 0.80mnbpd in 2013 · EIA...

Kuwait ready to cut oil production; HSBC sees price at $45...

Crude slid 2.57% and Brent lost 2.43% both below $30 a barrel on Tuesday, sending renewed shivers through global financial markets. Investors in Asia were back to selling and...

Oversupply Push Oil Prices Lower; “V-shaped Rebound” Likely

Oil prices ended higher last Friday, but suffered a weekly loss for the fifth time in a row. This is the longest run of...

Oil Shock to the Global Economy

Global energy markets brace for a shock, as Japan is expected to seek replacement to large amounts of the country's nuclear power capacity, devastated...

Oil market fundamentals could ease over next five years

Oil market fundamentals could ease over the next five years, the International Energy Agency projected on Tuesday, revising down its demand forecasts through 2016 and revising up its supply projections after 2013.