Growth in oil stumbles- Oman Crude- $46.98 barrel!

"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...

All eyes on record oil prices as OPEC prepares to meet

""Either we hold (output) steady or we cut in order to restore market balance and stability," Khelil, who is also Algeria's energy minister, said in a statement ahead of Wednesday's meeting.OPEC members Iran and Venezuela are calling on the cartel to cut production when it...

closeSign in to NowPublic

is reporting from