mineral exploration project – commodity prices – mining stock- trade and market

Crude oil rose to an eight-week high as investors purchased oil and fuel futures amid returns that have outpaced other securities.

“The financial flow may soon send prices to $85, even if that’s not justified by physical demand,” said Kyle Cooper, a managing director at energy consultant IAF Advisors in Houston. “You’re seeing a lot of money move into the market.”

Oil has advanced 80 percent over the past year, greater than the Dow Jones Industrial Average’s 59 percent increase. Futures traded in a $1.66 range today, drifting between gains and losses, as equities...

Pacific Asia Petroleum, Inc. was started by a former Texaco executive, Frank C. Ingriselli. It has taken some time, but the...

Argentina’s ambassador to Australia has stepped up the pressure on local mining giant BHP Billiton, warning...

U.K. producer prices rose for an eighth month in October as oil and import costs climbed and manufacturers sought to defend profit margins damaged in the longest recession on record.

Oil fell for a second day in New York after an increase in U.S. crude and gasoline inventories raised concern fuel demand has yet to recover.

Crude oil declined the most in a month yesterday as an Energy Department report showed that U.S. gasoline stockpiles climbed 1.62 million barrels last week, the Energy Department said.

The price of gasoline and kerosene on 20 May. Community resulted in price increases to protest to the Philippine oil companies, because gasoline and kerosene prices increase was made during Philippine society is facing catastrophe.

Independent oil and gas producer Berry Petroleum Co (BRY.N) reported better-than-expected third-quarter profit, helped by lower expenses. For the third quarter, the company reported net income of $19 million, or 41 cents a share, compared with net income of $53.3 million, or $1.16 a share, a year ago.

A new U.S. oil pricing benchmark is rapidly taking shape, threatening to further erode the dominance of the Nymex crude futures contract.

Argus Media said Wednesday its Sour Crude Index will be adopted by Saudi Aramco to set prices for oil sold in the U.S., in a move away from a formula tied closely to light, sweet crude futures traded on the New York Mercantile Exchange.