Russia surprised the world yesterday, by announcing that it has territorial rights to a significant chunk of Arctic seabed, and is seeking UN approval
Political
Crude oil prices down after jump on storm worries
Crude oil prices were up in early trade in New York on Monday on concerns that Tropical Storm Fay would disrupt oil production in
Crude prices jump on weaker dollar
Crude oil prices were up Tuesday as the US dollar weakened against the euro after gains early in the session, and on the possibility
Geopolitical issues send crude oil prices higher
Crude oil prices surged Thursday as the US dollar weakened and as worrying geopolitical issues took center stage. Russia rattled sabers in response to
Oil prices slightly higher in light trade
Crude oil prices were slightly higher Monday in light trade as some investors took the week off ahead of the US Labor Day holiday
WTI falls below $116 per barrel
Crude oil prices fell significantly Friday as the US dollar gained strength and as investors worried about falling demand. The situation surrounding a pipeline
WTI, Brent see more price declines
The price of crude oil fell again Monday on a 7 percent decline of imports into China in July, due primarily to high prices,