Crude palm oil extended gains for the second straight session by adding 0.70 per cent in early trade on the Multi Commodity Exchange on Friday on sustained purchasing by speculators influenced by a firming global trend. For full story, click here
Crude oil prices increased by over two per cent in futures trade as traders indulged in enlarging their positions influenced by a firming global trend. For full story, click here
Algeria has projected total oil receipts for 2009 to reach between US$30 and US$40 billion, compared to US$78 billion in 2008, as the prices of crude in international market continues on the downward trend. For full story, click here
Heating oil prices edged 0.0225 cents lower to $1.16 per gallon. For full story, click here
Crude oil was down 34 cents to $34.70 per barrel. For full story, click here
Crude oil for March delivery rose as much as 67 cents, or 1.8 percent, to $38.22 a barrel on the New York Mercantile Exchange. It was at $37.92 a barrel at 12:25 p.m. Singapore time. For full story, click here
Crude oil rose in New York, partly retracing yesterday’s 5.1 percent loss, as the U.S. Senate passed an economic stimulus plan, raising expectations for increases in fuel demand. For full story, click here
Oil price declines do not hit BG earnings as hard as those of other listed oil and gas peers. For full story, click here
Goldman Sachs Group Inc. expects crude to average $70 next year. Fror full story, click here
Crude oil has slumped more than 70 percent in New York from a record in July as the global recession erodes demand. For full story, click here
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