Oil News

Oil gave back its earlier gains after a report on May 13 showed a weaker-than-expected drop in U.S. retail sales Crude Oil little changed as traders await consumer demand Oil gave back its earlier gains after a report on May […]

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Oil News

China is looking to increase commodity inventories as prices are at their lowest level in seven years Crude Oil trading above $58 a barrel on China’s purchase China is looking

Oil News

A rising death toll from a flu outbreak has also fanned fears of a pandemic potentially hurting the world economy Crude Oil drags below $50 a barrel as equities

Oil News

The economy in the world’s largest oil consumer will continue to contract “for some time,” Lawrence Summers said Crude Oil declines on economic concerns and Swine flu The economy in

Oil News

OPEC including Saudi Arabia and Kuwait have made clear they will tolerate $50 a barrel to help pull the world from recession OPEC including Saudi Arabia and Kuwait have