Latest news about Oil
Oil falls to near $78 as global stocks drop
Oil prices fell to close $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report.
30 Jul 2010, 3:31 am | click here to view more
Oil Imports Soar as Traders Shed Contango Bets: Energy Markets
Oil imports into the Gulf of Mexico region surged to a record last week as the profits from floating storage evaporated, pushing traders to unload their cargoes and forcing crude futures lower.
30 Jul 2010, 1:51 am | click here to view more
Oil prices jump
World oil prices jumped on the back of a weaker dollar and positive European data.
30 Jul 2010, 12:03 am | click here to view more
Oil-Driller Outlook: Pride Provides Caution
Oil driller Pride International slips in early trading on Thursday with an in-line earnings report, but cautious outlook on the impact of the Gulf of Mexico oil spill to global drilling activity.
29 Jul 2010, 9:58 am | click here to view more
Oil prices climb higher
World oil prices were higher on Thursday, winning support from firmer equities and the weaker dollar after recent falls that were sparked by downbeat news in key consumer the United States.
29 Jul 2010, 8:33 am | click here to view more
Oil Dips Under $77 a Barrel As U.S. Supply Builds
Oil Dips below $77 a Barrel As U.S. Supply Builds
29 Jul 2010, 8:27 am | click here to view more
Oil firms' profits almost double
Oil giants Royal Dutch Shell and Exxon Mobil look profits almost double in the week rival BP suffered record losses.
29 Jul 2010, 6:34 am | click here to view more
Oil prices rise on better corporate earnings
Oil prices rose Thursday as better-than-expected earnings from ExxonMobil Corp., Southwest Airlines Co. and others bolstered wish for an improving economy.
29 Jul 2010, 3:25 pm | click here to view more
Oil prices drift lower
Oil prices drifted lower this week, edging off last week's 11-week high over $79 a barrel. But trading remained rangebound as investors balanced strong corporate earnings against ongoing jitters over the economic recovery.
29 Jul 2010, 2:35 pm | click here to view more
Oil hovers near $77 on US economy, crude demand
Oil prices hovered close $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude.
29 Jul 2010, 12:40 am | click here to view more