US Gas Price is Almost at a Record Breaking Level due to High Oil Prices

Gasoline prices in the United States are almost at its highest level for the year due to rising oil prices caused by Middle East tensions.


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Oil Price and Output Growth Boosts Cenovus Energy Inc Profit

Cenovus Energy Inc’s profit increased due to the rise in oil prices as well as production output.


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Iran Predicts Further Increase in Crude Prices

Iran’s OPEC governor made a recent prediction that international crude prices will further increase due to several factors such as the sanctions imposed on Iranian oil exports.


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Oil Price Increase Spark Renewed Fear of Inflation

New inflation warning forms with unexpected increase in crude oil prices.


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Sasol Earnings May Post a 90% Profit Increase Due to Higher Oil Prices

Sasol Ltd., the biggest producer of motor oil based in Johannesburg, expects a 90% increase in profits due to higher prices of crude oil.


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