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Oil prices were mixed in Asia today as dealers await the release of a US stockpiles report for clues about demand in the world's top crude consumer, while upbeat Chinese manufacturing data lent support. US benchmark West Texas Intermediate for August
U.S. retail gasoline prices should be high for much of July, bucking a seasonal trend, a spokesman for motor club AAA said. "It is shaping up to be a hot and expensive summer for gas prices, and we have not even hit the busiest time of the year yet,"
A party worker, Kishan Dixit said, "The BJP promised good days to the people of the country but is fooling the people now. We are against this government's moves and burying our vehicles in the sand to protest this hike...Another protester said, "
The price of oil rose Tuesday on expectations for stronger demand following an improvement in manufacturing activity in China, the world's biggest oil importer...Benchmark U.S. crude for August delivery was up 31 cents to $105.68 a barrel at 0515 GMT
Fourth of July weekend The number of Americans traveling more than 50 miles from their homes over the holiday is predicted to be the highest since before the recession hit in 2008. Monday, June 30, 2014, 10:33 PM Hiroyuki Matsumoto/Getty Images The
In the past, a major oil price shock meant devastation for economic growth. "Our obsession with oil prices comes with good reason," writes Morgan Stanley economist Ellen Zentner. "Abrupt and sharp increases in oil prices have played a key role in
Price tracker GasBuddy.com, which surveys more than 700 regional gas outlets daily, said the average retail price of gas in the area rose nearly 4 cents over the past week to $4.01 a gallon. The current average is a whopping 19.5 cents higher than a
Gas prices were relatively stable in the past week, but AAA is predicting Friday will see the highest prices for the Fourth of July in six years. Nationally, the price for a gallon of regular gas dropped 1 cent to $3.67 in the past week, rose 1 cent
Fall in global oil prices and optimism over the first Budget of the Narendra Modi-led government pushed up the benchmark Sensex on Monday by 314 points to close at 25,413.78, wrapping up one of the best quarters in recent years. Power, capital goods,
Shares of oil refiners gained after crude oil prices cooled down. Bharat Petroleum Corp gained 3.3 per cent, Hindustan Petroleum Corp rose 3.1 per cent and Indian Oil Corp was up 1.7 per cent. Brent futures dipped towards $113 a barrel on Monday,