Arab NewsUncaged bears see oil prices make fast retreatArab NewsOil prices and stock markets went into a steep decline over the past week, as international organizations warned of growing signs of weakness in the global economy. Midweek, the bears were unc …

Arab NewsWorld's biggest traders see oil at $65-$100 a barrel next yearArab NewsWorld's biggest traders see oil at $65-$100 a barrel next year. Traders expect oil storage tanks worldwide to start emptying amid reduced global supplies caused by sanc …

Arab NewsRising oil prices creating rumors and fake newsArab NewsAs anticipated, oil prices continued rising amid stronger demand. Prices reached levels not seen in four years. Brent crude rose to $84.16 per barrel. WTI rose to $74.34 per barrel. The Brent …

Wall Street JournalOil Spill at Center of Legal Battle Worse Than Earlier Estimated, Study FindsWall Street JournalBetween 250 and 700 barrels of oil per day are leaking into the Gulf at the the site where Taylor Energy Co.'s oil platform collapsed in …

Arab NewsIraq's Basra Oil, Chevron agree to implement MOU to develop oil fieldsArab NewsDUBAI: Iraq's state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop fields in the south of the country, …

Wall Street JournalSailors Flee Burning Oil Tanker Off OmanWall Street JournalAt least four seafarers jumped at sea to escape a raging fire Tuesday at a very large crude carrier off the coast of Muscat, operated by state owned Shipping Corp. of India Ltd. …

Wall Street JournalSailors Flee Burning Oil Tanker Off Oman - WSJWall Street JournalSearch and rescue efforts are underway after the India-flagged crude carrier caught fire in the Gulf of Oman.and more » Read more http://news.google.com/news/url …

Wall Street JournalThe Oil Weapon Can Fell the AyatollahsWall Street JournalGiven that about 60% of Tehran's budget comes from petroleum exports, the best way for the U.S. to hasten regime change is to tighten sanctions while closely coordinating with …

Wall Street JournalBig Oil's New Favorite Toy: SupercomputersWall Street JournalXukai Shen, a geophysicist working at BP BP 1.87% Plc, had a hunch he could solve a riddle that had vexed the company: whether there was a lot of oil hidden beneath a salt …

Sky NewsIceland removes palm oil from own-label foodsSky NewsBut Iceland managing director Richard Walker said the company did not believe there was verifiably sustainable palm oil on the mass market and so would remove it altogether. Palm oil is found in …