HOUSTON, Jan. 10 (Xinhua) -- The price of West Texas Intermediate (WTI) crude oil is expected to be about 100 U.S. dollars per barrel in 2012, five dollars per barrel higher than the average price in 2011, the U.S. Energy Information Administration (...
By Mil Arcega Washington 03 January 2008 Oil prices soared to a record $100 a barrel Wednesday in New York before falling back, as worldwide demand for oil continues to grow. Surging economies in China and India have helped push oil prices higher ove...