Gulf Times | Do These Benchmarks Signal An Oil Price Spike? OilPrice.com As the market price for oil fell way below $50 in New York and hangs around $52 in London, there's a much more important oil-price bellwether that's being ignored. It's crucial to predicting where oil prices are headed. Whenever this number is high ... Hedge funds lose faith in oil before Harvey hits demand centre Guess who's China's new best friend in oil market? The New Thing in Chinese Oil? America |