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    • Chevron struggling to produce more oilChevron Corp, which has spent more than $20 billion ($A18.7 billion) a year since 2007 scouring the globe for new resources, says it is struggling to produce more oil and natural gas. Production level...
    • UPDATE 10-Brent up on Iran; refinery work lifts U.S. gasoline* Iran parliament to consider halting exports to EU * Bayway shut refinery unit lifts U.S. gasoline * U.S. GDP data below expectations * Coming up: U.S. Feb oil products contracts expiry Tuesday (Adds...
    • PRECIOUS-Gold rises for third day after soft U.S. GDP data* Lower-than-expected GDP data boosts safe-haven buying * Gold up for biggest weekly gain in three months * Breaks above resistance, 100 DMA boosts technical buying * Silver set for 20 pct rise in Jan...
    • Brent crude up as Iran warns supply halt to EuropeNEW YORK, Jan 27 (Reuters) - Brent crude oil futuresended higher for a second straight day on Friday on supplydisruption fears as Iran warned it may halt oil exports toEurope as early as next week in ...
    • U.S. crude ends lower on GDP data, eyes IranNEW YORK, Jan 27 (Reuters) - U.S. crude futures ended lower Fridayafter erasing early gains as lower-than-expected U.S. GDP data for the fourthquarter of 2011 turned oil investors cautious, though los...
     
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