Political instability in the Mideast will continue to add a premium of around $20 per barrel to what oil prices would be based on supply and demand. More
Middle East
Recent Articles
Daily Oil News: BP Claims U.S. Covered Up 2010 Spill
Oil giant claims U.S. is withholding evidence -- and maintains the federal government covered up over 80,000 industrial intelligence documents. More
Daily Oil News: PetroChina Tops Exxon in Crude Production
The Chinese state-owned energy company PetroChina outpumped Exxon last year -- exceeding its daily production by 100,000 barrels. More
Daily Oil News: France May Release Strategic Oil Reserves
Releasing oil reserves could help stabilize crude's market value -- France's announcement may mitigate greater anxiety about the unstable oil economy. More
Daily Oil News: Crude Futures Rise Following Bernanke Remarks
Ben Bernanke recently hinted that the Federal Reserve will be maintaining low interest rates -- sparking optimism around oil investments. More
Got Nerve? Israel Has Plenty to Offer
A resilient economy and a focus on innovation are strong lures. And more Israel-based companies are listed on the Nasdaq than any other country except the U.S. More
Oil Breaks $110 After Saudi Pipeline Breach
Diplomatic tensions further drive crude's market price; a standoff between Iran and Saudi Arabia is causing market volatility and a rise in Brent crude value. More
