Gold and Oil News
Gold and Oil News - September 18, 2007 8:00
Tokyo Rubber Futures Rise by Daily Price Limit as Crude Oil Reaches Record
Tokyo Rubber Futures Rise by Daily Price Limit as Crude Oil Reaches Record Tokyo Rubber Futures Rise by Limit as Crude Oil Reaches Record By Aya Takada Sept. 18 (Bloomberg) — Natural rubber futures in Tokyo, the global benchmark, rose by the daily price limit to the highest in more than a month after crude […]
Historic first for crude oil: An $80-per-barrel close
Historic first for crude oil: An $80-per-barrel close Crude oil, the world’s economic lifeblood, closed at more than $80 a barrel last week for the first time. The milestone is symbolic, but the potential of rising oil prices to harm the ability of businesses to expand and consumers to spend is not. ‘It’s Source: c.moreover.com
Australian Stocks Slide, Led by BHP, Woodside on Lower Crude Oil Prices
Australian Stocks Slide, Led by BHP, Woodside on Lower Crude Oil Prices By Emma O’Brien Sept. 17 (Bloomberg) — Australian stocks fell, led by BHP Billiton Ltd. and Woodside Petroleum Ltd., after crude oil dropped from a record. Oil Search Ltd. surged on a report China National Petroleum Corp. and Petrochina Co. Ltd. may Source: […]
Australian Stocks Slide, Led by BHP, Woodside on Lower Crude Oil Prices
Australian Stocks Slide, Led by BHP, Woodside on Lower Crude Oil Prices By Emma O’Brien Sept. 17 (Bloomberg) — Australian stocks fell, led by BHP Billiton Ltd. and Woodside Petroleum Ltd., after crude oil dropped from a record. Oil Search Ltd. surged on a report China National Petroleum Corp. and Petrochina Co. Ltd. may Source: […]
Indian basket of crude oil touches all time high
Indian basket of crude oil touches all time high NEW DELHI: The Indian basket of crude oil has touched an all time high of $75.30 a barrel, raising the losses public sector oil firms make on fuel sales. Indian crude basket was trading at $75.30 per barrel on September 13, beating the previous high of […]
Canadian gas prices should fall despite higher crude oil, analysts say
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Canadian gas prices should fall despite higher crude oil, analysts say (Gasoline-Prices)
MONTREAL (CP) _ Canadian motorists need not rush to the pumps for a quick fill-up out of fear that gasoline prices will be pushed sky high by the recent rise of world oil prices to around US$80 a barrel, analysts say. Factors other than the price of Read More…
OPEC decides to increase crude oil production
VIENNA, Sept. 11 (Xinhua) — OPEC decided in a surprise move to increase its daily oil output by 500,000 barrels in efforts to stabilize the jittery market on Tuesday. The increase will be executed starting from Nov. 2, said the 12-nation Organization of Read More…
In surprise move, OPEC agrees to boost crude oil output
In surprise move, OPEC agrees to boost crude oil output VIENNA, Austria (AP) – OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day – a move the cartel conceded was prompted partly by ‘clouds on the horizon’ from the U.S. housing slump. The Source: c.moreover.com
OPEC Agrees to Modest Increase in Output
OPEC Agrees to Modest Increase in Output OPEC Agrees to Modest Increase in Output The Organization of Petroleum Exporting Countries agreed Tuesday to raise crude oil production by 500,000 barrels per day from the current 25.8 million barrels per day. OPEC reached the agreement at a ministerial
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