Cyprus petroleum sales down 5% in 2009

The Statistical Service reported that total sales of petroleum products in 2009 recorded a decrease of 5.0% compared to the previous year. A significant decline was observed in the sales of Heavy

Oil rises above $74 on Obama speech, Fed

Oil rose above $74 on Thursday, rebounding from six-week lows hit the previous day, after a speech by U.S. President Barack Obama eased market worries over plans to limit bank risk-taking by