 |
US crude oil output to soar despite price routUS crude oil production will peak at 10.6 million barrels per day in 2020, a million barrels more than the high forecast a year earlier, undeterred by the worst price rout since the financial crisis, a report said. The US governme More… |
 |
Opec income to soar 32pc on high oil priceHigher crude oil prices and stronger global oil demand will see Opec's earnings from oil exports increase by nearly a third this year and keep rising through 2011, the US Energy Department said on Tuesday. The US Energy I More… |
 |
Oil falls to $81 as dollar gainsUS crude oil fell on Thursday to around $81 a barrel, weighed down by gains in the dollar, but a big drawdown in US gasoline stocks, a weak longer-term outlook for the greenback and positive technicals all supported. A US Energy Informatio More… |
