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SIMON WARDELL
- Oil prices to remain high in the near term: Simon Wardell, IHS Global Insight
Oil prices might come down a little bit towards a month or so away, but they are going to remain fairly elevated, says Simon Wardell of IHS...
- Oil prices up in Asian trade
Oil prices rose in Asian trade Thursday, pushed up by a surprise drop in US gasoline reserves, dealers said.
- Oil prices below 50 dollars
World oil traded below 50 dollars on Friday, after touching lows unseen in more than three years on growing fears that a worldwide recessio...
- Oil falls below $130, storm concern fades
Oil fell below $130 a barrel on Tuesday as a tropical storm moving over the Gulf of Mexico was expected to miss major oil and gas installat...
- US emergency plans keep oil prices at $144
Oil prices eased to near $144 a barrel on Monday as a US plan to restore confidence in its financial sector shored up the dollar and financ...
- OPEC to sit tight amid US recession fears
Oil cartel OPEC, which this week maintained its production target amid uncertainty over the US economy, could well sit tight again when it ...
- OPEC keeps oil output steady, eyes March cut
- Geopolitics at $100 a barrel
Oil is flirting with $100 a barrel. Do not think this just another price spike. It suggests a new geopolitical era when energy increasingly...
- Oil prices surge as US energy reserves dive
Oil prices rebounded by more than a dollar today after news that stockpiles in the world's biggest energy consumer the United States fell a...
- OPEC hikes output, but oil market tensions remain
OPEC oil exporters have agreed to increase their output by about 2.0 per cent from next month, but oil markets are set to remain tense for ...
- Oil prices retreat as traders look to Nigeria, Iraq
Iraq and Nigeria are large oil producers and members of the 11-strong Organisation of Petroleum Exporting Countries (OPEC).
- Global warming may reduce demand for heating fuels
Climate change, the subject of a key independent report published this week, could push oil prices lower in the long term as warmer air red...