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ADAM SIEMINSKI
- Oil eases below $60 a barrel
Oil eased slightly in Asian trade on Wednesday amid fresh concerns about the US economy after government data showed housing starts in the ...
- Falling demand, high stock give OPEC sleepless nights
Oil inventories are at the highest in nearly two decades and global fuel demand is falling more than expected.
- Crude falls below $40 for first time in 2009
Oil prices dipped below $40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses ...
- Oil at $100 may be months away, not years
The $100-a-barrel oil that Goldman Sachs Group said would prevail by 2009 may be only a few months away.
- India to get oil contracts from Iraq
The first contracts with major oil firms from Iraq's new govt may go to Asian firms rather than the US.
- Opec’s rivals set to pump more in ’07, but glut unlikely
A rise in oil production from the Caspian, Africa and North America will ease Opec’s (Organisation of the Petroleum Exporting Countries) bu...
- Oil climbs following first Opec output cut since '04
Oil jumped a dollar to above $60 on Thursday after Opec officials said the producer group will cut output by 1 million barrels per day as s...
- Oil halts for breath, but steep fall unlikely
OIL may extend its slide of nearly 20% in two months, but analysts predict the market would find a floor at $60 a barrel.