The people who are doing researching on oil are changed their view in one month earlier they are betting on 200$per barel now they are puting the price down like anything...." By Jane Merriman LONDON (Reuters) - Oil rose above $82 a barrel on Monday after governments...
The average rate for a gallon of gasoline in the US fell drastically, as the largest drop on record. Consumer demand, falling oil prices and the worldwide financial crisis have all driven the price of gas at...
" By Javier Blas in London. Published: October 10 2008 09:00 | Last updated: October 10 2008 09:00 Global oil demand will grow far less than forecast this year and in 2009 as the financial crisis risks...
Since Bush lifted the Oil Drilling Ban oil has dropped to 90 dollars a barrel"NEW YORK (AFP) — Crude oil nosedived below 90 dollars a barrel Monday as deepening global financial turmoil and plunging stock markets...
"India’s chances of making it to the Davis Cup World Group received a jolt on Friday when their biggest singles hope, Somdev Devvarman, went down 3-6, 1-6, 0-6 to Romania’s Victor Hanescu in the second singles of the play-off at the Bucuresti Stadium in Bucharest....
Can the politicians please step up to the plate and address the senseless rise and fall of gas prices in North America? With elections ongoing in both Canada and the United States, how is the apparent price...
Faced with slump in demand and constant falling price Oil Production cartel OPEC has announced it plans to curb output by more than half a million barrels as oil prices slid to their lowest levels since April. ...
highlighted by Sanjay Jha | 4 wks ago | updated 4 wks ago 149 views | 0 comments
" Monday, 08 September 2008 VIENNA (AFP) — Iran led calls on Monday for OPEC to cut output ahead of a meeting of the oil producer group, with analysts expecting the cartel to begin scaling...
The price of oil has fallen to below $111 a barrel as Hurricane Gustav weakened on its approach to the US coastline. "A stronger dollar also helped reverse the course for oil prices, which had risen by nearly $3 to...
Just when you thought oil prices were going to go down and stay down for a little while a regional flare-up between Russia and Georgia has led to the price per barrel of oil rising about $10."Oil roared above the $120 a barrel level on Thursday and gold prices jumped amid...
After falling from its record peak of $147.27 a barrel last month, Price of crude oil has shot up again. Price of crude have been steadily gaining from below $20 in early 2002. Price rise was fueled by growing demand and...
Oil - down."A rapidly cooling global economy and an increase in supply from Opec nations will see the price of oil ease next year. In its latest monthly market report, the International Energy Agency looks to a "potential easing in...
Crude oil prices again soared up after remaining cool for sometime. The news of US Gas stock shortage fulled the price hike. A latest report says that US gasoline supplies fell by 3.5 million barrels last week. US crude stockpiles also fell by 100,000 barrels last week,...
highlighted by Sanjay Jha | 10 wks ago | updated 10 wks ago 155 views | 0 comments
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...
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...
highlighted by amyjudd | 12 wks ago | updated 12 wks ago 676 views | 3 comments