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Russian oil production dropped slightly in May

Daily oil production in Russia declined in May from 10.11 million bpd to 10.08 million bpd.

read more... 02/06/2010

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Oil prices dropped after European and Chinese index announcement

Oil price lost 3% today, after the publication of new data concerning Europe and China.

read more... 01/06/2010

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New oil reserves discovered at Tybalt

Valiant Petroleum, a British oil and gas company, announced the discovery of new oil reserves in Tybald region, situated in British North Sea area.

read more... 01/06/2010

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Oil ends the week with gains

High volatility is observed this week on world oil market.

read more... 28/05/2010

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Oil prices recovered from Tuesday’s session

Oil prices recovered from the 67 $ low on Tuesday increasing by 3%.

read more... 26/05/2010

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