Friday, December 10, 2010

Crude Light Ahead of OPEC

NEW YORK (TheStreet) -- Crude oil is slightly off on light volume ahead of OPEC's meeting. Ray Carbone of Paramount Options does not expect big year end moves.

Wednesday, December 8, 2010

Historic deal signed over Sudan oil

One of the major sticking points in the upcoming referendum on south Sudan's secession from the north is the future of Abeyi, an oil-rich border region which both sides want to control.

Solving the dispute temporarily, a deal to postpone the decision over who controls the nation's oil wealth has been postponed.

But as Al Jazeera's Anita McNaught reports from Juba, this could spell future difficulties for the country.

Tuesday, December 7, 2010

Oil: closes at $ 88.71

NEW YORK, Dec. 7 - Closing down for oil in New York, where prices loses 0.8% to $ 88.71 a barrel.
OIL & GAS MARKET