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Oil


OPEC Members Insist Crude Is Plentiful

10:08 AM Mon, Sep 10, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

VIENNA -- Global oil markets are amply supplied with crude, key OPEC members said Monday, signaling that the cartel will maintain its current output targets......

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Oil up $1 as U.S. fuel stocks seen tightening

9:52 AM Thu, Sep 06, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

LONDON - Oil rose $1 on Thursday, closing in on an all-time high of $78.77, as investors expected U.S. refinery snags and slower imports to......

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Oil Rises on Hurricane Concerns

10:06 AM Tue, Sep 04, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

Oil prices rose as traders monitored the pace and path of an Atlantic hurricane that could smash the oil and gas infrastructure in the Gulf......

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Oil dips but holds above $73

9:43 AM Thu, Aug 30, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

LONDON - Oil retreated when the New York market opened on Thursday, handing back some of the previous session's two-percent gain, but analysts said declining......

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Energy Futures Up on Inventory Report

11:24 AM Wed, Aug 29, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Energy futures jumped after the government reported larger-than-expected declines in gasoline and oil inventories and an unexpected decline in refinery activity, according......

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Oil drifts below $70, US slowdown fears weigh

9:27 AM Fri, Aug 24, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

LONDON - Oil hovered below $70 a barrel on Friday, overshadowed by worries about a possible U.S. slowdown and after Mexico's Gulf oil rigs suffered......

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Oil Prices Climb to $69.68 a Barrel

9:59 AM Thu, Aug 23, 2007 | | Write a comment
By Peter C. T. Elsworth    Email

Oil prices rose Thursday after hitting eight-week lows in the previous session on news of increased U.S. stockpiles, according to the Associated Press. The U.S.......

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