LONDON: Oil pared gains on Monday after a rise above $40 a barrel, in response to a weak dollar and Israeli attacks on Gaza that served as a reminder of tensions that could threaten Middle East crude oil supplies.
US light, sweet crude was up (...)
LONDON: Oil fell below $44 a barrel on Friday, after the collapse of a $14 billion rescue plan for US automakers caused heavy losses across global financial markets and Goldman Sachs predicted oil could drop to $30 a barrel.
US crude oil for (...)