Brent hits 5-1/2-year low near $57, supply glut weighs
Brent oil fell to a fresh 5-1/2-year low near $57 per barrel on Tuesday, as persistent worries about a global…
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Oil Futures Slide Below $91/Barrel In Asia Trading
Crude-oil futures extended their losses during Asian trading hours Wednesday as the U.S. dollar added to its…
Iraq is capable of producing 6.5mbpd of crude oil by 2015
International Energy Agency said on Wednesday that Iraq is capable of more than doubling its crude oil production…
China’s Unipec buy 100,000 barrel of Libyan oil daily for 2012
The Chinese Company “Unipec” has agreed to buy about 100,000 barrels of crude oil per day from Libya under a term…
Brent falls as investors take profits
According to Reuters: Crude Brent futures fall a dollar per barrel on Monday to halt five days of…
Oil talks between Sudan & South Sudan slightly delayed
The negotiations between Sudan and South Sudan on oil are set to start on Saturday, a 24-hour delay from the…
