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Silver lining for the Arab world

ArabianMoney editor, Peter Cooper said that the outcome of the Syrian uprising...

Oil may climb to $140, gold to $1,500 an ounce

Francisco Blanch, global head of commodities research at Bank of America-Merrill Lynch, talks to Bloomberg about the outlook for gold and oil prices. In...

Oil Shock to Global Economic Forecast

Recently new report was released by BofA Merrill Lynch Global Research, titled, "BofA ML Economics: Global Economics – An oil shock to the global...

Crude Oil Trades Near 29-Month High as Middle East Unrest Continues

// As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...

UAE markets should follow Saudi shares rebound

// Saudi Arabia's index made its largest gain in more than two years today, after the country's finance minister sought to reassure nervous investors. The...

Oil futures ended above $104 a barrel

Oil futures ended above $104 a barrel Friday and registered a weekly gain of nearly 7% , as investors consider that turmoil in Libya...

Oil prices eye fresh 2-1/2 year highs

Crude oil prices hold near 2-1/2 year peaks as worries about supply disruption persisted given ongoing unrest in Libya. U.S. crude rose 0.2...

Great 21 century war looming, Egypt & Libya just brush fires

The Middle East protests have fueled more than just a change in Democracy; it looks like these political outbursts will affect the gas pump...

‘Oil – not democracy – is what West wants in Libya’

RT talks about Libya crisis to a London-based author and journalist Afshin Rattansi.

Oil prices could drop as far as $70 a barrel

Oil prices worldwide could drop as far as $70 a barrel when the North African region and the Middle East see a calming of...

Oil dropped sharply from near $120 a barrel

Oil dropped sharply from two and half year highs, near $120 a barrel on Thursday, following Saudi Arabia's assurance it could fill any Libyan...

Libya has declared force majeure on its oil contracts; Oil price...

Libya has declared force majeure on its oil contracts, Reuters reported Tuesday,...

Egypt unrest pushes Brent crude oil to $100 a barrel

The price of Brent crude oil has passed $100 a barrel for...

OPEC raises 2011 oil demand forecast

The Organization of Petroleum Exporting Countries raised on Monday its forecast for global oil demand for this year. OPEC said it now expects world oil...

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,...

Crude weakened as the dollar index rallied

February WTI Crude has fallen over $4.50 over the week, as traders booked profits from the Christmas rally and commodities weakened across the board...

Crude Short Term Perspective

Crude rallied strongly into Christmas, closing in New York at a 2-year high of $91.50 on 23 December. China‘s Christmas day rate hike of...