Archive for: oil-prices

GLOBAL ECONOMY-Low inflation making Feds job easier for now

By Pedro Nicolaci da Costa WASHINGTON, Dec 13 – For Federal Reserve officials looking to finesse their way out of a historic array of emergency lending programs,...

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Saudi Arabia’s Al-Naimi Says Oil Price Is ‘Perfect’

Crude oil prices are in “the rightrange and there is no need to reduce inventories, SaudiArabian Oil Minister Ali al-Naimi said ahead of an OPEC meetingscheduled...

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Max Keiser: ‘World Entering Phase Two of Global Economic Crisis’

Fresh fears about the size of Dubai’s debt have sent shock waves through international markets, with major stocks and oil prices falling sharply. Dubai World,...

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Energy Blast – Nov 25, 2009

Alexei Kudrin, Russia’s finance minister, is keeping a pessimistic outlook on oil prices and demand for the coming year, which doesn’t bode well for...

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Thai Hot Stocks-Energy firms down; music firm RS up

BANGKOK, Nov 24 – Thailand’s benchmark stock index was down 0.15 percent at 689.36 at 0357 GMT on Tuesday. Stocks on the move included: ENERGY FIRMS...

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Will rising oil prices derail the recovery?

Will rising oil prices derail the recovery?

Last April I described new research on the role of oil prices in the recent recession. Here’s an update on what’s happened since then. In a paper presented...

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Oil rises above $78 in Asia as Hurricane Ida threatens US crude facilities

Oil rises above $78 on US hurricane, weaker dollar SINGAPORE — Oil prices broke above $78 a barrel Monday in Asia as Hurricane Ida threatened oil installations...

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Oil nears $80 a barrel in Asia as global stock markets surge

Oil nears $80 a barrel amid stock market surge SINGAPORE — Oil prices climbed toward $80 a barrel Friday in Asia as crude investors eyed a surge in global stock...

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Oil slips below $80 in Asia as investors eye stronger US dollar

Oil slips below $80 as US dollar strengthens SINGAPORE — Oil prices slipped below $80 a barrel Thursday in Asia as the U.S. dollar strengthened. Benchmark crude...

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Oil hangs below $78 in Asia as drop in US gasoline supplies points to weak demand

Oil hangs below $78 amid demand doubts SINGAPORE — Oil prices hung below $78 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies cast doubt...

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Oil falls to near $77 in Asia as drop in US gasoline supplies points to weak demand

Oil extends week-long losses, slides to near $77 SINGAPORE — Oil prices slid to near $77 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies...

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CANADA STOCKS-TSX tumbles to 2-month low oil shares rattled

By Frank Pingue TORONTO, Oct 28 – Toronto’s main stock index skidded to its lowest close in nearly two months on Wednesday as a drop in oil prices shook...

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