LONDON: Oil prices rose on Friday, bouncing from losses earlier in the day, on support from equity markets and as traders sifted through evidence for hints of economic recovery.
US crude was trading 31 cents higher at $51.43 a barrel by 1217 GMT (...)
LONDON: Goldman Sachs and UniCredit were the most accurate forecasters for average 2008 oil prices at the start of the year according to the Reuters oil poll.
Last year was uniquely difficult for forecasters, with the largest oil price swing ever (...)