Phil Flynn
latest news & developmentsOil price crosses $120
Oil jumped more than to strike a record over a barrel on Monday on the weaker dollar and supply concerns from Organisation of the Petroleum Exporting Countries members Nigeria…
Oil prices pause within sight of $120
World oil prices paused within sight of the $120 level on Thursday after a mixed report on United States energy stockpiles, dealers said. In Asian afternoon trading, New York’s…
Oil prices resume climb
Oil prices resumed their climb on Friday after a decline in the previous session prompted new buying amid expectations that crude futures would continue to test new records…
Oil prices cross $90 for first time
Oil prices have surpassed a barrel for the first time as the falling dollar drew new foreign investors and speculators to dollar-denominated energy futures. Light, sweet crude…