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Philippines�Former National Economic Development Authority director general and University of the Philippines' economics professor Solita "Winnie" Monsod is to testify in a court hearing on Monday on charges of price manipulation against the Big Three...
Tags: Winnie Monsod, price manipulation, Neda, director general, oil price, Angelo Reyes, Philippines, Manila, Price of petroleum, Price fixing, Ralph Recto, Year of birth missing, Amicus curiae, Business Finance, Law Crime
Fears of increased political instability, the Map Ta Phut deadlock and rising oil prices could hold back Thailand's economic recovery next year, according to academics. Prime Minister Abhisit Vejjajiva told a seminar hosted yesterday by Thammasat University...
Tags: Thailand Business News Update, Plaiphol Khumsap, Map Ta Phut, oil price, economic recovery, Thailand, Rayong, Gross domestic product, world food price crisis, Abhisit Vejjajiva, Hakka people, Thammasat University, Business Finance
Crude oil prices dropped to under $78 per barrel in part because the weather has been nice, industry analysts said. The price of December delivery light, sweet crude "fell below $80 per barrel, as the U.S. dollar rebounded against the euro, and unseasonably...
Tags: crude price, natural gas, U.S, crude oil, oil price, Singapore, Fuels, Price of petroleum, Natural gas prices, Heating oil, Environment, Commodities market, Petroleum products, Energy economics, Business Finance, Benchmark, United States dollar, Emergency Economic Stabilization Act, Futures contract, Brent Crude, Gasoline, Sweet crude oil, Barrel, Petroleum, energy crisis, Oils
This economic situation would lower the purchasing power of the workers so there was an urgent need for a wage increase to enable them to cope with the high cost of living, he said. "With these deplorable economic conditions and without any means to recover...
Tags: Wennie Sancho, oil price, Philippines, Manila, Socialism, Politics, Labor economics, Minimum wage, Employment compensation, Business Finance, Labor
Using US Department of Energy figures, we also revealed that global oil demand exceeds current production rates. It’s now time to consider what this tells us about future oil prices...Over the long term though, the price of oil should equal the marginal...
Tags: oil price, marginal cost, higher oil, oil demand, Australia, Melbourne, Futurology, Peak oil, Sustainability, Price of petroleum, Petroleum, Petroleum politics, Environmental economics, Economic theories, Business Finance
With the latest oil price increases, the public should prepare for the eventual rise in the prices of fish and vegetables sold in the markets. �An increase in production cost means an additional few pesos in the prices of their favorite fish, be it galunggong...
Tags: oil price, gas stations, price hike, Philippines, Quezon
Are strapped American consumers on for another date with energy price misery? The U.S. economy remains weak and one in six Americans can't find enough work...A barrel of crude costs $79 and change, more than double its price at the end of 2008.
Tags: U.S, energy price, James D. Hamilton, oil price, Hamilton, Price of petroleum, Petroleum politics, Gasoline and diesel usage and pricing, Environmental economics, Car Allowance Rebate System, Commodities market, Inflation, Peak oil, Business Finance
Recent numbers suggest that India's exports are shrinking at a slower pace than in early 2009 (see chart India's export trend) and, experts suggest that this recovery is sustainable. "The improvement in exports should be sustained in coming months, aided...
Tags: Welspun India, overseas market, reuters prev, East Europe, Middle East, economic reviving, crude oil, oil price, european market, global economic, United Kingdom, London, Economy of the Arab League, Peak oil, Business Finance
World oil prices fell on Tuesday as the dollar strengthened and after recent gains for crude partly spurred by hopes of improved energy demand, analysts said. New York's main contract, light sweet crude for December delivery eased $0.36 to $78.54 a barrel.
Tags: oil price, crude oil, Kuwait, Jalīb aš-Šuyūẖ, Price of petroleum, OPEC, Sweet crude oil, Heating oil, to 2008 world oil market chronology, Petroleum, Commodities market, Oils, Business Finance, energy crisis, Futures contract, Fuels, Chronology of world oil market events, oil glut, Cartels, International trade
Philippines�A Manila court issued on Tuesday a subpoena for Solita "Winnie" Monsod, the former director general of the National Economic and Development Authority, and currently a columnist of the Philippine Daily Inquirer, to testify on the price manipulation...
Tags: oil price, Philippines, Manila, National Economic and Development Authority, Government of the Philippines, Chevron Corporation, Caltex, Business Finance, Law Crime