Jim Ritterbusch
latest news & developmentsVenezuela halts oil supplies to Exxon Mobil
Venezuelan President Hugo Chávez stopped oil exports to Exxon Mobil on Tuesday, escalating a multibillion-dollar fight with the United States company two days after threatening…
Price of crude falls on hopes of cuts by Opec
Oil prices fell again on Monday, adding to last week’s 10% slump, on continued speculation that the producers’ cartel Opec would agree to increase output when it meets on…