Blogs Posts in Oil category; 104 blog posts

Crude Oil Falls After Report of OPEC Concern Over High Price...

Crude oil fell after Reuters reported the Organization of Petroleum Exporting Countries was concerned about high oil prices and their impact on the world economy.The group may pump more oil to increase supplies, though it's unclear whether [...]

Posted On : Jul, 24 2007 | Comments : 0

Crude oil futures rally

Crude oil futures rallied on Wednesday amid concern over supply, after stockpiles of gasoline and distillate fuels shrank.Light, sweet crude for August delivery gained 1.20 dollars to 68.97 dollars a barrel on the New York Mercantile Exchan [...]

Posted On : Jun, 28 2007 | Comments : 0

Oil Brings Price In Blood For China

HONG KONG - China suffered its first major casualties Tuesday in its accelerating push into Africa, with nine state oil company workers killed in Ethiopia in an attack by rebels. The incident is unlikely to halt China’s long mar [...]

Posted On : Apr, 25 2007 | Comments : 0

Oil Rises a Seventh Day as Iran Conflict May Disrupt Supplie...

Oil rose for a seventh day in New York on concern a dispute over Iran's detention of British servicemen could escalate, disrupting Middle East supplies. U.K. Prime Minister Tony Blair warned yesterday of a ``different phase'' of effor [...]

Posted On : Mar, 28 2007 | Comments : 0

Angolan oil industry reportedly expects $50 bln investmen

Angola's oil industry is expected to get $50 billion in investments within the next six years to ensure crude output goals of about two million barrels a day, state-owned news agency Angola Press said Thursday, quoting the chairman of natio [...]

Posted On : Mar, 10 2007 | Comments : 0

Oil prices edge higher in Asian trade

SINGAPORE: Oil prices edged higher in Asian trade on Wednesday, supported by firmer global equity markets, which continue to recover after a massive sell-off over the past week, dealers said. Expectations of robust US energy stockpile fig [...]