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Brazil to Perform Initial Oil Exploration Bid 1 Jun 2013 | 01:23 am

Brazil will hold an initial auction of its oil exploration acreage in October.

Oil Prices Move Lower 21 May 2013 | 06:40 pm

The current price of oil moved lower before the release of the economic data from China and the U.S.

Drivers Seeing Cheapest Gasoline Prices Today Since 2008 16 May 2013 | 09:19 pm

Drivers in the U.S. are currently looking at cheaper prices of gasoline since 2008.

Oil Prices Fall Close to $96 9 May 2013 | 09:02 pm

The price of oil fell to nearly $96 after U.S. crude supply report and China’s inflation data.

Venezuela to Revoke Contracts of Underperforming Oil Firms 6 May 2013 | 09:36 pm

Venezuela’s oil minister urge partner oil firms to boost oil production but warns of contract revocation if desired levels are not achieved.

Current Oil Price Declines on Employment Data 6 May 2013 | 04:24 pm

The current price of oil declines as excitement over last week’s strong employment report in the U.S. fades.

Current Oil Price Dropped Slightly to $95 1 May 2013 | 12:36 am

The current price of oil falls close to $94 after Japan released a weak manufacturing report and on expected U.S. crude inventory increases.

Nigerian Community Appeals to UN Over Dangerous Oil Exploration 26 Apr 2013 | 06:54 pm

The Nembe Kingdom in Nigeria appeals to the United Nations regarding the dangerous oil exploration performed in its community by Shell.

High Supply to Bring Down Oil Prices to $80 in the Coming Years 25 Apr 2013 | 09:42 pm

High supply due to increased production in the U.S., Canada and Iraq is expected to pull current oil prices down to $80 in the coming years.

Alaskan Oil Bill Prompts Conoco to Up Capital Investments 23 Apr 2013 | 09:34 pm

Alaska expects more oil investments with new tax bill. Oil Firms embrace tax incentives but critics say the state stands to lose billions.

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