News about Oil

Oil prices slide from Syria-fuelled highs

Oil prices lost support Monday after hitting 28-month highs over fears of fallout from a possible US military attack on Syria for its alleged use of chemical weapons.
10 September 2013 12:24

Oil down as Obama seeks Congress approval on Syria

Oil prices fell in Asian trade Monday after US President Barack Obama's announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike.
02 September 2013 13:23

India, Iran looking to resolve oil tanker dispute

New Delhi and Tehran were Saturday working to resolve a dispute over the detention of an Indian oil tanker by Iranian naval guards for allegedly polluting sea waters in the Persian Gulf.
18 August 2013 15:28

Mexico proposes opening oil sector to foreign firms

Mexico's President Enrique Pena Nieto proposed sweeping reforms of the country's oil sector Monday that would allow foreign energy firms back into the industry 75 years after being thrown out.
13 August 2013 11:06

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