Brent spot price which showed signs of cooling off has gained USD 24 from its recent low of USD 88 in six weeks.The crude which scaled to its historical high of USD 144 per barrel...
Singapore – December 14, 2011 : High oil prices threaten to worsen a global economic slowdown and crude producers should consider boosting output, the chief economist for the International Energy Agency (IEA) Mr Fatih Birol...