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News

Oil prices ease, above 125 dollars (AFP via Yahoo! News)
World oil prices eased but remained above 125 dollars on Monday after an inflow of investment funds and supply worries helped push costs to another record high late last week, analysts said.

The Oil Nonbubble (New York Times)
Are speculators mainly responsible for high oil prices? And if they aren?t, why have so many commentators insisted, year after year, that there?s an oil bubble?

Canada oil and gas giant EnCana splits in two (AFP via Yahoo! News)
Canada's oil and gas giant EnCana has announced that it is splitting in two separate entities: a natural gas company and "a fully integrated oil company."

Oil steady above $126 (Reuters via Yahoo! News)
Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world's largest crude producing region.

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