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Russia bearing in mind higher taxes on oil.

A Russian newspaper, Vedomosti, announced Tuesday that the Energy Minister is considering increasing the tax on oil products.

read more... 12/10/2010

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BP in negotiations with Chinese for assets sale.

BP is in negotiations with the third largest Chinese oil company over selling its assets in Argentina’s Pan American Energy.

read more... 12/10/2010

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Daily Energy Market Overview 10.11.2010

Oil was up at $83 per barrel on Monday. At 06:46 GMT, U.S. crude for November increased at $83.16 per barrel, while ICE Brent climbed to $84.58 per barrel.

read more... 11/10/2010

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Daily Energy Market Overview 10.08.2010

Oil changed a little on Friday. At 06:36 GMT, U.S. crude for November dropped $0.03 arriving at $81.64 per barrel, while ICE Brent for November climbed to $83.51 per barrel.

read more... 08/10/2010

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Oil prices continue to rise.

Oil prices reached a five-month high this Thursday, traded at $84 a barrel.

read more... 08/10/2010

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