Eric Wittenauer
latest news & developmentsOil retreats from record high in volatile trade
Oil retreated below a barrel on Monday in volatile trade that saw it briefly hit an all-time high earlier in the session. United States light crude, down more than at one point,…
Oil prices soar on Iraq pipeline attack
Oil prices leapt higher on Thursday as concerns about tight supplies were stoked by news that saboteurs had blown up an Iraqi export pipeline, traders said. New York’s main oil…
Oil prices at month highs after Bhutto killing
World oil traded near $97 a barrel in Asia on Friday, its highest level in a month, following the assassination of Pakistani opposition leader Benazir Bhutto, dealers said. They…