News Analysis: Economy and Geopolitics Decide Where Oil Goes Next
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Now that the price of crude oil has crossed the $100-a-barrel threshold, and then retreated slightly, what direction will it take?
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VIENNA: OPEC is keeping its foot to the pedal on oil production in a bid to push crude prices back below $40 a barrel. Risking a counter-seasonal fourth quarter build in world crude stocks, Saudi Arabia will
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HOUSTON  War in Iraq. Instability in Venezuela. Civil unrest in Nigeria. Governmental wranglings in Russia. With so much uncertainty in so many of the world&#39;s leading oil-producing ...
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The price of oil looks set to grab headlines as analysts forecast that its record-breaking run may well continue.
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Oil prices fluctuated Thursday, supported by forecasts that OPEC oil shipments are falling and pressured by concerns about the economy.
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JAKARTA, Indonesia -- The Organization of Petroleum Exporting Countries wants oil prices that traded near $50 a barrel last week before retreating this week to fall faster, and will discuss whether to increase production at a meeting next month, the
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Political headwinds are likely to batter this oil producer's results.
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The Christian Science Monitor - One country's motivation is political, the other's pragmatic. Venezuela is seeking a strategic geopolitical alliance, China a steady supply of energy.
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Now that the price of crude oil has crossed the $100-a-barrel threshold, and then retreated slightly, what direction will it take now?
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Here's a way to benefit from an increase in the global demand for oil.
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The government of Libya, flush with oil, has amassed $40 billion and is ready to put it in play on Wall Street. China recently acquired a huge stake in one of the biggest names in U.S. finance. Tiny Qatar is adding $1 billion a week to its investment coffers and is trying to buy the leading grocer...
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Supplies of crude oil continue to swell in the United States, but don't expect that to translate into lower gas prices any time soon, one expert says.
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Oil prices have stepped back from this week&#39;s eight percent rout, holding well above $50 a barrel as analysts say it will take more than China&#39;s mild interest rate rise
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The world&#39;s oil supply has never seemed so precarious. The war in Iraq has cast a shadow over that country&#39;s ability to export crude.
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New market set as demand in China, India intensifies supply worries, Iraq lends price support. NEW YORK (CNN/Money) - Oil prices blazed past $47.50 a barrel and set fresh highs early Thursday as demand growth in China and India exacerbated supply shortage ...
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Despite expected rapid growth in wind and solar energy, oil and gas are here to stay.
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WASHINGTON -- Oil futures retreated below $50 a barrel yesterday, though analysts said there is enough uncertainty about geopolitics and weather -- and the industry's ability to quickly boost crude output -- to keep prices from plummeting any time soon.