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Oil edges towards $US50/bbl

OIL prices surged about 10% last night as OPEC called for more production cuts and the greenback weakened further against the euro.

Oil edges towards $US50/bbl

New York's Western Texas Intermediate settled at $US47.77 a barrel after touching a high of $48.94. Singapore's Tapis also jumped, closing $2.19 higher at $46.58. The latest price rise came as...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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