LONDON (ShareCast) – Oil prices fell for a second day in succession following a reduction by the International Energy Agency (IEA) in its consumption forecast. The IEA reduced its forecast, citing changing patterns of energy use in both developed and Read More…

CARACAS, Venezuela (AP) – Venezuelan President Hugo Chavez proposed OPEC should come up with a plan to sell oil to poor countries at dramatically lower prices than those paid by wealthy nations. Chavez said late Tuesday that he will ask members of the Read More…