News

Oil prices crept toward $46 a barrel Wednesday in Asia after the U.S. Energy Department cut its 2009 crude demand forecast, stalling a two-week rally

Oil prices rose on Monday but New York crude stayed below 38 dollars a barrel

Oil prices rose to above $47 a barrel Monday in Asia as investors anticipated OPEC will announce a large production cut at its meeting this week

The U.S. Commodity Futures Trading Commission has subpoenaed dozens of traders as it probes why a Nymex oil contract rose the most ever yesterday, two people briefed about the legal proceedings said

U.S. Commodity Futures Trading Commission intends to investigate on the causes of the oil prices jump that happened on NYMEX Monday

Oil prices fell slightly to below $109 a barrel Wednesday

Oil futures plunged to $105.46 a barrel came after early reports showed...

Crude oil fell to its lowest in more than four months after Hurricane Gustav weakened

Oil prices rose more than $1 on Monday after energy firms in the U.S. Gulf shut down nearly all offshore oil output and a host of flood-prone coastal refineries ahead of Hurricane Gustav

Oil prices rose above $117 a barrel Friday on expectations tropical storm Gustav will soon enter the Gulf of Mexico area

Worries that Tropical Storm Gustav may gain in strength and disrupt operations in the Gulf of Mexico

Crude oil edged back above $115 a barrel after a choppy trading session Monday

Crude prices have gained more than 6 percent this week

Gold rose on Friday on a weaker dollar and tensions between Russia

Oil has closed below $113 a barrel as concerns that oil operations in the Gulf of Mexico could be disrupted by Tropical Storm Fay have eased

World oil prices rose Monday, boosted by the risks a tropical storm posed to oil facilities in the Gulf of Mexico

Crude oil prices gained 1.01 per cent in early trade in the futures market on Monday on fresh buying by traders

Oil prices eased under $120 a barrel Friday in Asia amind stronger US dollar and Turkish pipeline sabotage

Israeli Deputy Prime Minister Shaul Mofaz, a hawkish former defense minister, said that Iran's nuclear program was poised to make a "major breakthrough"

Oil prices fell further towards US$123 a barrel on Aug 1