Prices could even dip beyond those levels for a brief period, warns oil expert and FGE chairman Fereidun Fesharaki.
Ruling expected ease tensions between bank and Argentina, which is seeking to overcome deadlock brought by lawsuit with hold-out funds.
Saudi Arabia's oil minister earlier said it is not sole responsibility of Opec to raise oil prices.
Five new oil reserves can ensure more than one month of supply in India in case of disruptions.
But gains could be short-lived, as rising supplies may weigh on prices again.
Applications by prominent countries such as Britain, Germany and France prompt many others to join AIIB.
Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia and SocGen to contribute to the new LBMA Gold Price benchmark.
Monetary union would most likely precede any currency union in the Eurasian bloc.
Osborne's budget was a thinly-veiled attempt to curry favour with the public, and it utterly failed to achieve its objectives.
European Commission President Jean Claude Juncker made surprise announcement after two-day summit.
Bitcoin and other major cryptocurrencies see prices stabilise following a week of falling prices.
US dollar is set to extend its rally against emerging market (EM) currencies over the next 12 months.
The Chancellor took the opportunity to blast Labour's finance plans, during the FSB conference in Birmingham.
Greek PM Alexis Tsipras said he felt 'more optimistic' after the Brussels talks.
Unions welcomed yet more 'pie in the sky' nonsense from the government on the so called 'Northern Powerhouse'.
Tighter Fed policy will not cause much damage this time in India, according to ICICI Securities PD.
Osborne's budget has catapulted the Tories into a two-point lead over Labour.
Finance minister Taro Aso said Japan would consider AIIB membership from diplomatic and economic viewpoints.
In Capitalism's Toxic Assumptions, Poole argues utilitarianism is toxifying economies.
Rental prices went up by 3.1% on a year-on-year basis
IBTimes UK looks at the huge-scale regeneration work taking place in London's Royal Docks.
Eurozone leaders summit in Brussels under way ahead of mini-summit with France, Germany and Greece.
Bitcoin price crash has repercussions across cryptocurrency markets, as WBA files for bankruptcy.
Greek bank deposit outflows reach levels last seen before it agreed to extend bailout in February.
EXCLUSIVE: Altmann tells IBTimes UK the move would 'send the wrong message' to savers.
The chief secretary to the Treasury was also accused of 'abusing' his privilege as a minister.
German chancellor hints that sanctions could be extended until end of 2015.
Yellen said that US rates may not reach long term 'normal' levels for some time.
General Motors to take a $600m charge in Q1 2015 as it shuts its Russian factory and reorganises its business there.
The deputy prime minister made the remark ahead of his party's alternative budget.