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Grant Smith

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Oil rises from 10-month low on Fed comments; IEA sees 2012...

LONDON - Oil rebounded from a 10-month low in New York on signs of shrinking U.S. crude inventories and after the Federal Reserve said...

IEA calls on oil producers to act as prices risk recovery

LONDON - The International Energy Agency said that oil producers need to increase supplies as prices are threatening the global economic recovery. Brent crude rose...

Oil heads for quarterly gain as Libya strife counters U.S. glut

LONDON - Oil rose, heading for a third quarterly gain in New York, as concern the Libyan conflict will prolong production cuts countered signs...

Oil rises after military strikes against Libya, Mideast unrest

LONDON - Oil climbed as allied air strikes in Libya threatened to prolong a supply outage in Africa’s third-biggest producer and renewed concern that...
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