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Oil rallies as stockpile growth slows

Oil rallied in early Wednesday trade in Asia after the biggest two-day slump in a month as U.S. industry data showed the pace of...

Oil price extends losses

Oil price extended losses on Tuesday, as the dollar benefited from ongoing worries about European sovereign-debt issues and concerns about U.S. growth and oil...

Improved economic outlook triggers higher oil prices

Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...

The Energy Information Administration expects oil price to average $93 a...

The Energy Information Administration in the US said on Tuesday, world oil consumption rose 2.2 million barrels per day in 2010 to 86.6 million,...

Oil Shock to the Global Economy

Global energy markets brace for a shock, as Japan is expected to seek replacement to large amounts of the country's nuclear power capacity, devastated...

Oil prices as fall below $89 per barrel

Worries about the U.S. economy following the release of a disappointing manufacturing report sent oil prices lower Tuesday. At the New York Mercantile Exchange Benchmark...

Shift of Middle East crude oil from US & European markets...

The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and...

Oil at two and half year high

Oil reached to its highest level since two years on Friday, as supply cuts stemming from attacks on Libyan oil fields offset demand concerns...

Signals about global recovery faltering raise concerns about oil demand

In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand. Oil prices slid from highs...

Growing M&A interest in MENA Oil and Gas industry

Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industryGlobal Oil and Gas transactions have suffered a modest decline in both...

Oil market fundamentals could ease over next five years

Oil market fundamentals could ease over the next five years, the International Energy Agency projected on Tuesday, revising down its demand forecasts through 2016 and revising up its supply projections after 2013.

UAE Most Attractive for Oil & Gas Contractors

The United Arab Emirates has become a central hub of the oil and gas industry in the region, according to a new study. Although...

GCC stock markets tumble as Iranian oil expected to flood already...

As the end of economic and financial sanctions lifted Iran's equity market, the prospect of Iranian oil flooding an already oversupplied crude market sent...

Where Will Oil Prices Go After Algiers?

Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this...

CrossTalk on Oil: Crude Truths

Experts are split is the world really running out of oil and natural gas? The answer to this question may very well determine the...

Oil vs The Market

Analysis and discussion with Stephen Schork of the Schork Report saying that the better place to look into invest maybe natural gas after surging...

DME Oman Crude Up Over 100% Since Historic Production Cuts

Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other...

OPEC cuts production, oil demand unchanged

Global oil demand growth in 2012 remained unchanged at 0.9 million barrels a day, but uncertainty surrounds the 2013 forecast, according to latest monthly...