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Houston refinery crane collapse kills 4
UPDATE: 9:42PM ESTSeven people were injured in the collapse, but it is still not known what caused it." The owner of the crane, Deep South Crane & Rigging, says it's already investigating. It's hoped that... India: Inflation touches new high of 11.91%
" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and... The United States Gets a Run for its Money
It has long since been known that the United States was is the most powerful nation in the world. Although this may be true, there has been much talk about the nation's economy becoming unstable. If the enconomy... Biggest oil price drop in 17 years
Warning!!! GLOBAL INFLATION threatened .... " Oil prices plummeted by the second-largest margin on record Tuesday as investors feared a further decline in U.S. demand after hearing comments from Federal... Chavez loosens terms of oil-supply pact
The admirer of fidel castro's cuba and anti-globalist dealing with oil-supply problems."Venezuelan President Hugo Chavez touted a pact delivering fuel to Caribbean nations and loosened the financing terms to aid... NowPublic Oil-O-Meter
Oil prices are going crazy and NowPublic is monitoring their fluctuations in real time. Have you heard about another price hike? Post updates or relevant photos here, scan Twitter for news, follow price projections,... Speculation That Israel May Attack Iran Raises Oil Prices
"Crude oil rose more than $4 to a record on concerns that Israel may be preparing to attack Iran, while a strike in Brazil and renewed militant activity in Nigeria threaten to cut supplies. Oil rallied to a record high of $145.98 a barrel after the Jerusalem Post... Oil Prices tumble below $143
After continuously increasing for many weeks now fuel prices for the first time prices have fallen down. Stronger dollar is also helping in reducing the crude price. dollar has appreciated against major currencies.... Yudhoyono calls for stepped-up trade, partnerships among D-8 countries
...G-8 needs D-8, but D-8 needs more G-8..." Yudhoyono said the more than 900 million people living in D-8 countries were an enormous market for their products and offering a multitude of business opportunities. Therefore, he added D-8 countries should strengthen... A New National Speed Limit?
Sammy Hagar will not be happy as Senator John Warner calls for a new national speed limit to combat high fuel prices in the US.Motorists, let us know in the polls: would you be in favor of a new speed limit, or can... Government ready to face house`s inquiry
Could the price increase of this oil be cancelled? " "We are ready... the government will respond to it," he told reporters. The government is now doing "various things" to prepare itself for the House inquiry. But he said he was not sure whether President Susilo Bambang...Yudhoyono says world oil price could reach US$200 per barrel
Indonesia President now as economic analyst, too." "The world crude oil price could well reach US$160 to US$200 per barrel," the head of state said. The president said the government recently increased domestic fuel oil prices by an average of 28.7 percent as it had...Indonesian bourse unlikely to rebound in 3 - 6 months due to oil cost, inflation
"As one of Asia's best performing markets in 2007, the Indonesian bourse has so far this year been struggling to revisit its record peak, but analysts believe it is not going to happen within the next three to six months. Soaring oil prices, which forced the government to... Britain goes slow as trains, planes and ships cut fuel costs
Even jet planes are slowing down to save fuel - well really to save 'fuel costs' which is perhaps slightly different - an economic rather than environmental decision. If that's what it takes to save the planet then... Heady excitement damped by doubt
Benin's intro: This is an excerpt from absolutely amazing special report that the Financial Times has done on the current state of the Nigerian economy. The report was very fairly balanced and...
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