Crude Needs to Close Above 5-Day Moving Average to Prompt Rally, PVM Says
Oil futures prices need to close above their five-day moving averages to make a sustained rally, broker PVM Oil Associated Ltd. said....Complete Story
"Crude Oil Falls as Equities Drop on Concern Global Recession Is Deepening"
Crude oil fell, retreating from its largest gain in seven weeks, as global stock markets declined on concern the recession is deepening....Complete Story
"Chu Focuses on US Energy, Not What OPEC Should Do"
Energy Secretary Steven Chu, whose agency has long taken the lead on global oil market policy, said he doesn't know what the Obama administration would urge OPEC to do at its meeting next month....Complete Story
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