CARACAS, Venezuela - Venezuela's state oil company said net income rose 80 percent in the first quarter as world oil prices soared. Petroleos de Venezuela SA, or PDVSA, said late Tuesday that net income reached US$3.5 billion in the quarter ending ...

Large amounts of speculative investments in oil may be having a significant impact on world oil prices, according to the latest economic briefing entitled "Speculative Oil" from Oxford Business Group (OBG) the global publishing and ...

Oil prices hit record peaks above 123 dollars In Business Economy on May 8th, 2008 @ 10:05:10 New York (ANTARA News) ... 2. The US investment firm Goldman Sachs forecasted on Tuesday that world oil prices could strike 200 dollars