Tag: Oil Price

Recently new report was released by BofA Merrill Lynch Global Research, titled, "BofA ML Economics: Global Economics – An oil shock to the global...

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

// Saudi Arabia's index made its largest gain in more than two years today, after the country's finance minister sought to reassure nervous investors. The...

Oil futures ended above $104 a barrel Friday and registered a weekly gain of nearly 7% , as investors consider that turmoil in Libya...

Crude oil prices hold near 2-1/2 year peaks as worries about supply disruption persisted given ongoing unrest in Libya. U.S. crude rose 0.2...

RT talks about Libya crisis to a London-based author and journalist Afshin Rattansi.

Oil prices worldwide could drop as far as $70 a barrel when the North African region and the Middle East see a calming of...

Oil dropped sharply from two and half year highs, near $120 a barrel on Thursday, following Saudi Arabia's assurance it could fill any Libyan...

Libya has declared force majeure on its oil contracts, Reuters reported Tuesday, citing oil traders. The news follows Libyan leader Col. Moammar Gadhafi's refusal...

The price of Brent crude oil has passed $100 a barrel for the first time since October 2008 on concerns about the political unrest...

The Organization of Petroleum Exporting Countries raised on Monday its forecast for global oil demand for this year. OPEC said it now expects world oil...

Rising oil prices will drive regional GDP and budget surpluses Banking and petrochemical sectors to direct GCC profitability growth Qatar and UAE set to provide...

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,...

February WTI Crude has fallen over $4.50 over the week, as traders booked profits from the Christmas rally and commodities weakened across the board...

Crude rallied strongly into Christmas, closing in New York at a 2-year high of $91.50 on 23 December. China‘s Christmas day rate hike of...

The UAE Energy Minister Mohammed Bin Dha'en Al-Hamili said the Organization of the Organization of the Petroleum Exporting Countries (OPEC) does not interfere in...

The Department of Oil Affairs in the government of Dubai today announced that it had advised its customers that the official price of Dubai...

Thomas Schroeder, managing director at Chart Partners Group Ltd., talks with Bloomberg's Rishaad Salamat about technical analysis of the oil market. Speaking from Bangkok,...