oil prices

The crude oil prices showed an upswing with Brentwood going up to $56.08 a barrel and the US West Texas Intermediate crude oil selling at $53.24 a barrel, climbing 26 cents. The Am

Exxon Mobil is facing the ill-effects of overbetting on a rising demand for oil and gas and is now facing a shortfall of about $48 billion through 2021

Eni CEO Claudio Descalzi announced the oil giant will invest 7 billion euros ($8.6 billion) in Algeria over the next three years. Together in partnership with Algerian state firm S

Finance ministers of the Group of Seven (G7), world’s leading industrialized economies, called on oil-producing countries to increase output to ensure market is supplied enou

This year end has seen a rise in the prices of crude oil for the sixth day, adding 0.1% or 11 cents to $101.45 a barrel on Globex during Asian trading hours. This has been the high

This year saw a lot of action in the energy industry: the Fukushima crisis, the growth of solar energy alongside the collapse of Solyndra, and the entrance of shale. Here are Indus

Yesterday, September 11th 2011, marked the 10th anniversary of the terrorist attacks that brought down the World Trade Centre, killed over 3000 people, shook the lives of countless

The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in a meetin