Crude Oil Gains for Second Day on Speculation Demand Will Rise

Crude oil rose for a second day on speculation improving world demand and OPEC supply restrictions will help slow growth [...]

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Energy Information Administration Projects Lowest Natural Gas Prices Since 2001

The Energy Information Administration (EIA) projects the monthly “Henry Hub” natural-gas spot price to average $2.32 per thousand cubic feet [...]

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Weak Demand Puts Natural Gas Prices At 52-Week Low

Natural gas prices have slumped well below what they were last year, and that trend will likely continue into 2010.
The [...]

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ENOC Bids for Rest of Dragon Oil to Tap Turkmenistan

Emirates National Oil Co., Dubai’s government-run refiner, offered to buy the rest of Dragon Oil Plc for about 1.1 billion [...]

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Oil Giant Company Jordan, British Petroleum To Develop Natural Gas Field

British oil giant BP PLC has signed several agreements potentially valued at up to $9 billion with Jordan to develop [...]

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