News Articles for "Oil Prices"
A look at EU investigation of oil price fixing
The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixi...read more
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S. By late morning in New York, benchmark oil for ...read more
US boom transforming global oil trade
The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat ...read more
The price of oil fell to near $95 a barrel on Monday, reflecting the recent strengthening of the dollar against the yen and other major currencies. By earl...read more