Monday News Update – Current gas prices less then experts expectedPierce County HeraldGregg Laskoski of Gas Buddy.com says high supplies are partially the reason for the lower prices, both for gasoline and crude oil. Also, he says consumer demand has b…

Coalition leaders in Greece were working to piece together a deal aimed at avoiding default on current obligations … buying crude oil. Sputtering economic signals in the world’s major economies have pressured crude prices as supplies continue …

South Korea's KNOC eyes US shale gas companies, assets: executiveReutersOverseas investments may be expensive in the short term due to current high oil prices, Chang said, but added that KNOC was going ahead with its investment plan given the long-…

Under current law that means it not only functions as a bank … One could readily hypothesize that the recent spike in oil prices resulted in part on JP Morgan bets that price of would go higher, and in effect pushing the price up and in …

1000 MT on the KPI Bridge Oil Composite Would Cost You $22000 Less This Week!GCaptain (press release)By KPI Bridge Oil On May 11, 2012 The KPI Bridge Oil Composite declined over 3% this week as bunker prices reduced dramatically after several days of d…

“Oil prices are notoriously volatile and I had been predicting … violated that moving average was during the credit crisis of 2008. That implies the current situation is of similar type and magnitude to that crisis, he said.

AFPCurrent acct surplus hits 15-year lowThe Daily Yomiuri"We are closely watching how foreign exchange rates and crude oil prices will affect the current account balance," a Finance Ministry official said. In fiscal 2011, Japan had a goods an…

BloombergOPEC Pumps Up Production To Highest Level Since 2008Wall Street JournalBy Benoit Faucon LONDON (Dow Jones)–OPEC Thursday said its members are pumping at levels not seen since the 2008 recession and said it was becoming more optimistic on oil-…

China’s apparent oil demand – crude runs plus net imports of oil … Sinopec will lose $5 per barrel and PetroChina $7 a barrel in refining if crude prices remain at current levels, CLSA said. China, which controls fuel prices to curb inflation …

China NDRC To Cut Gasoline, Diesel Prices Effective ThursdayFox BusinessBEIJING – China will cut gasoline and diesel prices by CNY330 and CNY310 a metric ton, respectively, effective Thursday, the National Development and Reform Commission said Wedne…