Business and financial news for : OIL PRICES |
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Citgo suspends low-income heating oil program -
usnews-com
- 9 hours ago
BOSTON (AP) -- Citgo, the Venezuelan government's Texas-based oil subsidiary, has suspended shipments of heating oil for poor families in the United States, citing falling oil prices and the world economic crisis, the nonprofit organization ...
Oil prices
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Wall Street retreats in volatile trade -
cnnmoney-com
- 11 hours ago
Stocks fell Monday, retreating after last week's big rally, as investors digested President-elect Barack Obama's stimulus plan, monthly auto sales, and surging oil prices.
Auto Sales - Oil prices - Wall Street
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Canadian Markets: Energy, mining shares lead Toronto benchmark higher -
marketwatch-com
- 12 hours ago
Canadian stocks gain, with a rally in crude oil prices and hopes for stimulus measures for the U.S. economy boosting the shares of energy and mining firms.
Oil prices
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Price of oil slips as global economic worries re-emerge -
stockinvestorplace-com
- 16 hours ago
Re-emerging global economic worries nudged oil prices lower Monday, but the fall was kept in check by evidence that OPEC was serious about production...
Oil prices - OPEC
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Oil slips as global economic worries re-emerge -
ibtimes-com
- 17 hours ago
Re-emerging global economic worries nudged oil prices lower Monday, but the fall was kept in check by evidence that OPEC was serious about production cutbacks and new unrest in oil-rich Nigeria.
Oil prices - OPEC
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Airline stocks mixed as oil falls, weakness in wider market -
marketwatch-com
- 18 hours ago
NEW YORK (MarketWatch) - Airline stocks were mixed early Monday, with a falloff in oil prices and weakness in the wider market. At last check, the benchmark Amex Airline Index was down about 1% to 25.12 points ...
AMR - UAL
Amex Airline Index - Oil prices
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Energy stocks rise with crude prices -
marketwatch-com
- 18 hours ago
NEW YORK (MarketWatch) -- Energy stocks rose with oil prices on Monday. The Amex Oil Index rose 26 cents to $46.60. The Amex Natural Gas Index rose 1% to 399. Crude futures advanced 26 cents to $46.60. Market Pulse ...
Energy Stocks - Oil prices
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Oil falls as demand worries remain -
cnnmoney-com
- 18 hours ago
Oil prices fell Monday as concerns about falling demand outweighed the Israeli military action in Gaza and Russia's curtailing of gas shipments to Ukraine.
Oil prices
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Oil supported above $46 as OPEC cutbacks take hold -
ibtimes-com
- 18 hours ago
Evidence that OPEC cutbacks were taking hold helped support oil prices above $46 a barrel Monday, with crude also getting support from new unrest in oil-rich Nigeria. A dispute between Ukraine and Russia over gas imports and ...
Oil prices - OPEC
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Energy stocks benefitting from crude rally -
marketwatch-com
- 18 hours ago
NEW YORK (MarketWatch) -- Energy stocks have been beneficiaries of a 23% gain in oil prices in the past week -- the largest gain in 22 years, according to Pritchard Capital Partners. Oil service stocks have risen ...
Helmerich & Payne
Energy Stocks - Oil prices
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Oil - Gaza Conflict May Carry Less Impact on Oil Prices than Previously ... -
ibtimes-com
- 18 hours ago
Many analysts glimpse at the map of the Middle East and, rightfully, believe that the conflict in Gaza should carry little impact on the price of Crude Oil.
Oil prices
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Oil prices rise to three-week high -
marketwatch-com
- 20 hours ago
LONDON (MarketWatch) -- Crude-oil futures rose again Monday after Israeli troops entered the Gaza Strip over the weekend, escalating the conflict in the region. Light crude for February delivery climbed 86 cents in electronic trading to $47.20 a barrel, ...
Oil prices
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Oil above $48 as Middle East fighting continues -
ft-com
- 21 hours ago
Oil prices rose above $48 a barrel at the start of the first full trading week of 2009 amid mounting violence in the Middle East as the fighting between Israel and Hamas continued
Oil prices
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Iran says OPEC plans emergency meeting in February -
usnews-com
- 21 hours ago
TEHRAN,Iran (AP) -- Iran's state television says OPEC countries have decided to hold an extraordinary meeting on falling oil prices in Kuwait in February....
Oil prices - OPEC
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Oil above $47 on MidEast tensions, Russia gas row -
reuters-com
- 1 day ago
SINGAPORE (Reuters) - Oil prices rose nearly 2 percent on Monday after an Iranian military commander reportedly called for an oil boycott over Israel's offensive in the Gaza Strip, and on concerns over the deepening Russian gas supply ...
Oil prices
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China Filling Oil Reserves -
wsj-com
- 2 days ago
As the U.S. seeks to stockpile oil, China has been doing the same, and it is pected to quicken the pace -- a development that may be helping to boost oil prices.
Oil prices
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U.S. Aims to Fill Oil Reserve -
wsj-com
- 3 days ago
The Bush administration resumed buying oil for the U.S. emergency stockpile, acting on the recent steep drop in oil prices and the expiration of a law that had banned purchases.
Oil prices
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Airline Stocks: UAL, Continental rise in New Year rally -
marketwatch-com
- 4 days ago
Airline investors on Friday put behind them a horrific year of record-high oil prices and falling passenger demand, choosing to believe in brighter days ahead as trading resumes for the new year.
UAL
Oil prices
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Oil above $45: Supplies under pressure -
cnnmoney-com
- 4 days ago
Oil prices rose Friday, the first day of trading in 2009, as fighting in the oil-rich Middle East raised concerns about future supply disruptions, and Russia withheld energy supplies from the Ukraine in an ongoing payment dispute.
Oil prices
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Oil prices cut in half 1 year after hitting $100 -
ibtimes-com
- 4 days ago
One year ago Friday, crude prices eclipsed the once unfathomable price of $100 a barrel for the first time, a day largely lost to history because of the year that followed.
Oil prices
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Metals Stocks: Gold falls on stronger dollar, weaker oil prices -
marketwatch-com
- 4 days ago
Gold futures fall pacing losses in crude oil and paring last year’s gains, as a stronger U.S. dollar reduced the metal’s appeal as an alternative investment.
Oil prices
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Before the Bell: Time Warner Cable, crude-oil, Citigroup in focus -
marketwatch-com
- 4 days ago
U.S. stock market futures point slightly lower Friday ahead of the first trading session of 2009, with a sharp drop in oil prices in focus and data on manufacturing activity due after the market opens.
Citigroup - Time Warner
Oil prices
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Oil falls as commodities make cautious start to 2009 -
ft-com
- 4 days ago
Oil prices fell during the first session of 2009 as commodity markets made a cautious start to the new year with dealers warning that price movements were likely to be affected by thin liquidity and poor trading volumes
Oil prices
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Oil tumbles 4 percent after late surge capped dismal 2008 -
reuters-com
- 4 days ago
SINGAPORE (Reuters) - Oil prices fell more than 4 percent on Friday, kicking off 2009 on a weak note as traders bet a late-day rally that drove up prices 14 percent on Wednesday was overdone.
Oil prices
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Oil tumbles 3 percent after late surge capped dismal 2008 -
reuters-com
- 4 days ago
SINGAPORE (Reuters) - Oil prices fell 3 percent on Friday, kicking off 2009 on a weak note as traders bet a late-day rally that drove up prices 14 percent on Wednesday was overdone.
Oil prices
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Venezuela's oil income soars in early 2008 -
usnews-com
- 4 days ago
CARACAS, Venezuela (AP) -- Record prices boosted Venezuela's oil income by 225 percent in the first nine months of 2008, allowing the state-run oil company to stash $10.8 billion in government reserves now that oil prices have dropped ...
Oil prices
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Market and Economy Predictions for 2009 -
seekingalpha-com
- 5 days ago
Calafia Beach Pundit submits: Here's hoping that next year is much better to all of us. Above all, I hope that Obama does a fantastic job. Here's what I think will happen to the economy and the markets:Inflation: Headline inflation has ...
Inflation - Oil prices
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Canadian Markets: Second-half rout punishes TSX; year ends with 35% loss -
marketwatch-com
- 5 days ago
Canadian stocks Wednesday got a late-afternoon lift from surging oil prices, putting a positive finish on a year bruised by the commodity sell-off and credit crunch.
Oil prices
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Dow Adds 108, Capping Dismal Year -
wsj-com
- 6 days ago
The Dow gained 1.3% in 2008's final session, closing one of the stock market's worst years on a sunny note. Blue chips fell 34% for the year, the S&P 500 plummeted 39% and the Nasdaq was off 41%. Oil prices jumped.
Oil prices - SP 500
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Oil out with a bang in 14% spike -
cnnmoney-com
- 6 days ago
In a fitting coda to 2008, oil prices jumped Wednesday as investors responded to Russia's decision to switch of a key natural gas pipeline to Ukraine and the Energy Department's latest supply data.
Oil prices
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Crude Oil Trades near $39 on Grim Economic Outlook -
ibtimes-com
- 6 days ago
Oil prices fell $1.00 on Tuesday as fear about demand in the global economy outweighed expectations of further Saudi supply cuts in February and tension in the Middle East due to the Israeli-Hamas conflict.
Oil prices
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Oil falls below $39 in light New Year's Eve trade -
ibtimes-com
- 6 days ago
Oil prices fell below $39 a barrel Wednesday in Asia in light New Year's Eve trading as investors pondered a global economic slowdown that's dragged crude down some 60 percent this year.
Oil prices
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Oil steady near $39 in light New Year's Eve trade -
ibtimes-com
- 6 days ago
Oil prices were steady near $39 a barrel Wednesday in Asia in light New Year's Eve trading as investors pondered a global economic slowdown that's dragged crude down some 60 percent this year.
Oil prices
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Iranian President Proposes Ending Energy Subsidies -
nytimes-com
- 6 days ago
Faced with falling oil prices and a weakening economy, President Mahmoud Ahmadinejad proposed what would be a major change of course for the oil-producing country.
Oil prices
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Economic Data Hits Record Low -
fxstreet-com
- 6 days ago
Economic Data Hits Record Low The US dollar sold off modestly today on stronger European economic data and weaker US data. The dollar’s weakness was seen against every major currency except for the Canadian dollar which followed oil prices ...
Oil prices
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Countdown to More Uncertainty -
ibtimes-com
- 7 days ago
The year's penultimate day started off on a rare synchronous down note for gold, silver, the dollar, and oil values. Seemingly less perturbed by the fourth day of Gaza attacks, oil prices quietly slipped under $40 and lost nearly one
Oil prices
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Metals Stocks: Gold futures edge lower in thin trading -
marketwatch-com
- 7 days ago
Gold futures edge lower Tuesday in very thin trading, as the U.S. dollar was mixed against other major currencies and oil prices drop below $40 a barrel.
Oil prices
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Gold futures edge lower in thin trading -
marketwatch-com
- 7 days ago
NEW YORK (MarketWatch) -- Gold futures fell Tuesday in very thin trading, as the U.S. dollar was mixed against other major currencies and oil prices dropped below $40 a barrel. Gold for February delivery dropped $5.30 to $870.10 an ounce ...
Oil prices
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Oil and gold lead commodities lower -
ft-com
- 7 days ago
Gold and oil prices slipped in spite of escalating violence in the Middle East as Israeli warplanes continued their bombardment on the Gaza Strip for a fourth day
Oil prices
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The EUR/USD rose the most in almost two weeks as the conflict in the Gaza ... -
fxstreet-com
- 7 days ago
Good morning from cold Hamburg. This will be the last Daily FX Report in 2008 with a lot of news about the currency of the United States, which seems to become weak against a lot of major currencies. Nevertheless we wish you a happy New Year and good ...
Euro US dollar - Oil prices
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Wall Street Slips Amid Mideast Violence -
nytimes-com
- 8 days ago
Stocks fell as Israeli jets pounded targets in Gaza, sending oil prices higher and injecting new tremors into the global markets.
Oil prices - Wall Street
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Gas nears 5-year low -
cnnmoney-com
- 8 days ago
As 2009 approaches, plummeting oil prices have sent the price of gasoline to the lowest level in nearly five years, according to a daily survey of gas station credit card swipes.
Oil prices
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Oil falls on inventory drop -
cnnmoney-com
- 13 days ago
Oil prices continued to fall in a shortened trading session Wednesday after the government reported an unexpected decline in crude inventories.
Crude inventory - Oil prices
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Oil Prices Fall Below $38 a Barrel -
wsj-com
- 13 days ago
Crude-oil futures traded lower as new U.S. economic data confirmed the severity of the year-long recession.
Oil prices - Recession
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Crude Inches Lower on Gloomy Economic News -
foxbusiness-com
- 13 days ago
More bad economic news from the U.S. sent oil prices downward Wednesday, with a barrel of crude fetching less than $39 in thin Christmas Eve trading.
Oil prices
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Russia warns of possible unrest over economic crisis: report -
marketwatch-com
- 13 days ago
NEW YORK (MarketWatch) -- Russia's worsening economic situation may spark popular unrest, the interior ministry was quoted as saying Wednesday, in the first high-level admission that unpaid wages and job losses could lead to protests. Underlining the ...
Oil prices
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Oil prices weaker on flight from risk -
ft-com
- 13 days ago
Oil prices fell in line with losses on equity markets on Wednesday, shrugging off suggestions from Opec, the oil cartel, that it may hold another emergency meeting in January
Oil prices - OPEC
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Russia expects first deficit in a decade -
usnews-com
- 13 days ago
MOSCOW (AP) -- Russia will run a budget deficit in 2009 for the first time in a decade as low oil prices take their toll on government revenue, a Kremlin official said Wednesday, the state RIA-Novosti news agency reported....
Oil prices
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Oil steady near $39 as investors eye bad US news -
ibtimes-com
- 13 days ago
Oil prices were steady near $39 a barrel Wednesday in Asia as investors digested more bad economic news from the U.S. in thin Christmas Eve trading. Light, sweet crude for February delivery rose 12 cents to $39.10 a barrel in electronic ...
Oil prices
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Chavez: Low oil prices won't halt revolution -
usnews-com
- 13 days ago
CARACAS, Venezuela (AP) -- President Hugo Chavez said Tuesday that he plans to strengthen his socialist revolution in spite of falling oil prices....
Oil prices
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Oil Plunges to Below $40 a Barrel -
ibtimes-com
- 14 days ago
Crude Oil prices slid yesterday, approaching a four-and-a-half year low as the recent record production cuts from the Organization of the Petroleum Exporting Countries (OPEC) failed to spark a rally in the price of Crude Oil last week.
Oil prices
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The Wild Card - Crude Oil -
ibtimes-com
- 14 days ago
Oil prices are once again dropping, and a barrel of Oil is currently traded at around the 39 price level.
Oil prices
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Oil scroogish: Tumble continues -
cnnmoney-com
- 14 days ago
Oil prices continued to tumble Tuesday amid light trading ahead of the Christmas holiday.
Oil prices
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Oil below $40 on fears of weaker crude demand -
stockinvestorplace-com
- 14 days ago
Oil prices fell below $40 a barrel Tuesday, adding to a sharp drop overnight, on concerns that energy demand is evaporating in the face of a severe gl...
Oil prices
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Oil again falls below $40 on fears of weaker crude demand -
usatoday-com
- 14 days ago
Oil prices fell below $40 a barrel Tuesday, adding to a sharp drop overnight, on concerns that energy demand is evaporating ...
Oil prices
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Euro-Zone Current Account Deficit Narrowed to 6.4B as Oil Prices Declined ... -
dailyfx-com
- 14 days ago
The Euro-Zone current account deficit narrowed to 6.4B from a revised reading of 8.8B as a result of lower energy prices. The breakdown of the report showed...
Oil prices
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French consumer spending recovered in November -
marketwatch-com
- 14 days ago
LONDON (MarketWatch) -- French consumer spending unexpectedly rebounded in November, up 0.3% compared to a 0.5% decline in October, the French national statistics office Insee said Monday. It suggests stimulus measures and the continued decline in Oil ...
Oil prices
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Oil dips below $40 on fears of weaker crude demand -
ibtimes-com
- 14 days ago
Oil prices fell Tuesday in Asia, adding to a sharp drop overnight, as concern that energy demand is evaporating in the face of a severe global economic slowdown sent crude below $40 a barrel.
Oil prices
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Oil deepens losses below $40, eyes on economy -
reuters-com
- 14 days ago
SINGAPORE (Reuters) - Oil prices extended their sharp fall to drop further below $40 a barrel on Tuesday, weakened anew by growing signs of deteriorating world oil demand.
Oil prices
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Oil prices tumble below $40 on dour economic news -
usatoday-com
- 15 days ago
Oil prices tumbled below $40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening ...
Caterpillar - Toyota Motor
Oil prices
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Saudi Arabia Expects Budget Deficit -
wsj-com
- 15 days ago
Saudi Arabia plans to ramp up spending in 2009 despite a sharp downturn in oil prices, incurring its first deficit in six years.
Oil prices
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Oil - OPEC Production Cut More Likely; Oil Prices Moving Up -
ibtimes-com
- 15 days ago
Realizing the lack of trust, many investors have in their ability to follow through with the production decision; the Organization of Petroleum Exporting Countries (OPEC) is now issuing strongly worded statements in which they express determination to ...
Oil prices - OPEC
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OPEC Production Cut More Likely; Oil Prices Moving Up -
ibtimes-com
- 15 days ago
Realizing the lack of trust, many investors have in their ability to follow through with the production decision; the Organization of Petroleum Exporting Countries (OPEC) is now issuing strongly worded statements in which they express determination to ...
Oil prices - OPEC
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Energy stocks open higher on gains in oil prices -
marketwatch-com
- 15 days ago
SAN FRANCISCO (MarketWatch) -- Oil and gas stocks opened to the upside Monday, lifted by a 70-cent increase in February crude-oil prices to $43.06 a barrel in New York. Crude was up on talk that the Organization of Petroleum Exporting Countries might ...
Energy Stocks - Oil prices
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Oil edges above $43 on US auto bailout, rate cut -
ibtimes-com
- 15 days ago
Oil prices rose above $43 a barrel Monday in Asia as investors looked for signs that U.S. interest rate cuts and a government bailout of two key automakers could help cushion what may be the worst recession in decades.
Oil prices - Recession
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Promise of Opec cuts fails to stop oil price slide -
ft-com
- 16 days ago
Investors delivered a vote of no confidence in Opec last week when oil prices fell by their most in almost two decades even though the cartel decided to curb production
Oil prices - OPEC
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Canadian Dollar Outlook Against US Dollar Muted on Crude Oil Tumbles -
dailyfx-com
- 17 days ago
Continued tumbles in crude oil prices made the Canadian dollar one of the worst G10 performers through the past week of trade, but an outright rout in...
Oil prices
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Oil drifts below $35 -
cnnmoney-com
- 18 days ago
Oil prices fell in morning trading Friday, on the final day of the January contract, as the global economic slowdown continues to damper demand for oil.
Oil prices
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Futures Movers: Oil futures near $42 a barrel in early trade -
marketwatch-com
- 18 days ago
NEW YORK (MarketWatch) -- Oil futures trades near $42 a barrel, as traders prepare to wrap up a week that saw oil prices tumble to their lowest level since the middle of 2004.
Oil prices
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Brown: Oil price fluctuations are major problem -
usnews-com
- 18 days ago
LONDON (AP) -- British Prime Minister Gordon Brown warned Friday that a failure to tackle volatility in oil prices could cost the global economy trillions of dollars and hurt both producers and consumers....
Oil prices - Volatility
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Before the Bell: General Motors, Oracle, banking sector in the spotlight -
marketwatch-com
- 18 days ago
U.S. stock market futures pointed to a slightly lower open on Wall Street Friday as investors awaited a statement from President Bush on the auto industry and as crude oil prices remained in focus.
General Motors - Oracle
Oil prices
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Oil prices tumble to near 5-year low -
ft-com
- 18 days ago
Oil prices tumbled to near a 5-year low, trading below $35 a barrel, as the market doubted that the Opec oil cartel will deliver the full 2.2m barrels a day cut promised earlier this week and fresh concerns about the global ...
Oil prices - OPEC
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Oil producers, users call for oil price stability -
reuters-com
- 18 days ago
LONDON (Reuters) - The world's biggest oil producers and consumers called on Friday for cooperation to increase stability in oil prices, improve information on energy markets and help guarantee future energy supplies.
Oil prices
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Oil slides towards $35 a barrel level -
ft-com
- 18 days ago
Crude oil prices remained under pressure amid mounting doubts that Opec members would fully comply with Wednesday's announcement of the largest supply cut in the cartel's history
Oil prices - OPEC
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Oil rises slightly after sharp drop overnight -
ibtimes-com
- 18 days ago
Oil prices were up slightly Friday after a sharp decline overnight as investors weighed the impact of the global economic slowdown on crude demand against oil producers' decision to slash output.
Oil prices
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Indications: Stock futures slip as investors await auto industry rescue -
marketwatch-com
- 18 days ago
U.S. stock market futures point to a third straight session of losses Friday as investors wait for news of a bailout for the auto industry, while oil prices continue to edge lower as demand worries outweigh the recent production cut.
Oil prices
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German Producer Prices Drop Most in Six Decades as Oil Prices Declined -
dailyfx-com
- 18 days ago
Oil prices
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Russia's Economic Woes Spur Unrest -
wsj-com
- 18 days ago
Russia's economic outlook is following oil prices lower, leading to stirrings of public unrest that have the Kremlin struggling to respond.
Oil prices
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Dubai Buy, Bye-Bye -
ibtimes-com
- 18 days ago
The nearly two week-old rally in gold prices reversed course on Thursday as the US dollar took a significant forward step against the European common currency, and as oil prices were macerated to near $38 per barrel.
Oil prices
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Stocks limp along -
cnnmoney-com
- 19 days ago
Stocks gyrated Thursday as investors absorbed a better-than-expected report on the job market and watched oil prices fall below $40 a barrel, to levels not seen since June 2004.
Oil prices
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Oil Prices Slip Below $40 a Barrel -
nytimes-com
- 19 days ago
Oil prices continued to slide even after OPEC cut production by another 2.2 million barrels a day.
Oil prices - OPEC
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Stocks churn in early trade -
cnnmoney-com
- 19 days ago
Stocks gyrated in early trade Thursday after investors absorbed a better-than-expected report on the job market and watched oil prices fall below $40 a barrel, levels not seen since June 2004.
Oil prices
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Oil prices hover near 4.5-year low despite OPEC production cut -
stockinvestorplace-com
- 19 days ago
Oil prices hovered near 4½-year lows Thursday as persistent investor pessimism over global crude demand outweighed the news of OPEC's largest-ever pro...
Oil prices - OPEC
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Energy stocks fall with lower oil prices -
marketwatch-com
- 19 days ago
NEW YORK (MarketWatch) -- Energy stocks surrendered Thursday to oil trading below $40 a barrel for the first time in four years. The Amex Oil Index fell 1.9% to 977. The Amex Natural Gas Index dropped 2.2% to 369. The Philadelphia ...
Energy Stocks - Oil prices
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Retail sector rises as jobless claims, oil price drop -
marketwatch-com
- 19 days ago
NEW YORK (MarketWatch) - Retail shares inched higher Thursday as first-time claims for state unemployment benefits declined in the most recent week and oil prices continued their drop after the futures hit their lowest level since July ...
Limited Brands
Jobless - Oil prices
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Oil flat despite OPEC cut -
cnnmoney-com
- 19 days ago
Oil prices were flat Thursday after sliding to a 4 1/2 year low a day earlier as investors shrugged off an OPEC production cut.
Oil prices - OPEC
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EMU: Core CPI stabilizes at 1.9% Y/Y in November -
fxstreet-com
- 19 days ago
The final figure of euro zone CPI confirmed the first estimate. In November, inflation plunged from 3.2% Y/Y to 2.1% Y/Y. On a monthly basis, inflation dropped 0.5% M/M due to the sharp decline in Oil prices|oil ...
Core CPI - CPI - Inflation - Oil prices
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The JPY fell from its 13-year high against the USD -
fxstreet-com
- 19 days ago
The Markets are going crazy. An example: The result of Opec’s larger-than expected supply cut was that oil prices declined 8.1 %. Any financial theorist teaches an opposing influence. Market review The Unemployment Rate|unemployment ...
Jobless - Oil prices - Unemployment Rate
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Euro-Zone Trade Deficit Narrow as Lower Oil Prices Curb Imports -
dailyfx-com
- 19 days ago
The Euro-Zone posted a s.a. trade deficit of EUR 1.3 bln in October, up from a deficit of EUR 4.4 bln in September. This reflects a 2.5% m/m decline in...
Oil prices
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Higher open seen for stocks -
cnnmoney-com
- 19 days ago
U.S. stocks were poised for a higher open Thursday, as investors awaited more readings on the economy and weighed the lowest oil prices since 2004.
Oil prices
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Oil plunge despite record OPEC cuts -
washingtontimes-com
- 19 days ago
The OPEC oil cartel is struggling to put a floor under plummeting oil prices, but even its largest production cut in history Wednesday failed to prevent prices from falling to a four-year low near $40 a barrel.
Oil prices - OPEC
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Oil plunge despite record OPEC cuts -
washingtontimes-com
- 19 days ago
The OPEC oil cartel is struggling to put a floor under plummeting oil prices, but even its largest production cut in history Wednesday failed to prevent prices from falling to a four-year low near $40 a barrel.
Oil prices - OPEC
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Asian stocks rise on lower interest rates -
ibtimes-com
- 19 days ago
- Asian stock indexes are going through small gains on Wednesday on renewed optimism about lower interest rates, which could help reducing bad loans, energies have tumbled as oil prices traded close to their four ...
Interest rates - Oil prices
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Oil falls below $40 despite OPEC output cut -
ibtimes-com
- 19 days ago
Oil prices fell to 4 1/2-year lows Thursday in Asia as investor pessimism over global crude demand outweighed OPEC's largest-ever production cut. Light, sweet crude for January delivery was down 15 cents to $39.91 a barrel in electronic ...
Oil prices - OPEC
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Dollar at 2-1/2-month euro low -
reuters-com
- 19 days ago
HONG KONG (Reuters) - The U.S. dollar hit 2-1/2-month lows against the euro on Thursday, with investors deterred by the world's lowest interest rates, while weak energy demand due to the global downturn kept oil prices ...
Interest rates - Oil prices
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Meltdown 101: Why OPEC moves aren't hitting prices -
usnews-com
- 19 days ago
HOUSTON (AP) -- To understand why OPEC's largest single production cut ever failed to lift oil prices, look no further than today's headlines....
Oil prices - OPEC
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Airline Stocks: Sector closes narrowly lower with broader stock market -
marketwatch-com
- 20 days ago
Airline stocks close lower as declines across the broader equities market and a bout of profit-taking overwhelm the benefits of a steep drop in oil prices.
Oil prices
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Fed Finale = Gold Overture -
ibtimes-com
- 20 days ago
Yesterday’s Fed rate cut-induced euphoria gave way to sober and more defensive plays among investors. By this afternoon, oil prices slipped to under $41 as OPEC failed to convince traders that its output ...
Federal Reserve - Oil prices - OPEC
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Oil tumbles below $40 for first time since 2004 -
ibtimes-com
- 20 days ago
Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million barrels a day. Markets had already priced in a vastly reduced flow ...
Oil prices - OPEC - Recession
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Airlines ground fuel surcharge -
cnnmoney-com
- 20 days ago
As oil prices and jet fuel costs plummet, British Airways and Virgin Atlantic announce they're scaling back extra fees.
British Airways
Oil prices
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