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Russia raised its 2010 target for revenue from state asset sales to 100 billion rubles ($3.5 billion) as it seeks to overhaul decrepit infrastructure and finance the budget deficit, said First Deputy Prime Minister Igor Shuvalov. The list of so-called...
Tags: MOSCOW � Russia, Igor Shuvalov, oil price, assets sales, Russia, Moscow, Rosneft, Economic history of Russia, Stock market crashes, Peter Ivanovich Shuvalov, Russian financial crisis, Economy of Russia, Shuvalov, VTB Bank, Business Finance
Diesel prices are also at a year-high of almost 110p a litre. Although CPI is still below the Bank of England's 2% target, today's figure is slightly above the 1.4% expected by the City. Other reasons behind the rise included a bigger than expected...
Tags: consumer price, price index, oil price, Office for National Statistics, price inflation, included mortgage, retail price, uk inflation, Bank of England, United Kingdom, London, Asset price inflation, Inflation targeting, Phillips curve, Inflation, Gasoline and diesel usage and pricing, Monetary policy, Business Finance, Core inflation, Consumer Price Index, Macroeconomics, Retail Prices Index, United States Consumer Price Index, Price indices, Cent, RPIX, United States dollar, Economy of the United Kingdom, Deflation, Price of petroleum, Economic indicators, Law Crime
South Florida gasoline prices dip With the summer driving season over, South Florida gas prices have begun their autumn retreat. In Miami, the average price for a gallon of regular unleaded was $2.49 on Monday, down five cents from a week ago and 17 cents...
Tags: gas price, AAA Michigan, average price, oil price, statewide average, Miami, Biofuels, Gasoline and diesel usage and pricing, Gasoline, Price of petroleum, Filling station, Liquid fuels, Petroleum products, Commodities market, Business Finance
Ohio — Prices at Ohio gasoline pumps are down 10 cents this week amid a slump in oil prices. A survey from auto club AAA, the Oil Price Information Service and Wright Express puts the current statewide average for regular-grade gas at $2.48 per gallon,...
Jose Botelho de Vasconcelos said on Monday it was still too early for the oil exporters' group to make a decision on production changes before its December meeting, as the market remained oversupplied. The Organization of the Petroleum Exporting Countries...
Tags: oil price, New York Mercantile Exchange, crude oil, weak dollar, United Arab Emirates, Abu Dhabi, Price of petroleum, energy crisis, Benchmark, Heating oil, Barrel, Petroleum, Commodities market, Oils, Business Finance, Chronology of world oil market events, world oil market chronology, Cartels, International trade, OPEC, Gasoline and diesel usage and pricing, Gasoline, Petroleum products
Philippines�Singapore Foreign Minister George Yeo will be in Manila for an official visit on November 19-22 upon the invitation of Foreign Affairs Secretary Alberto Romulo, the Department of Foreign Affairs said Tuesday. Yeo will make a courtesy call...
Tags: oil price, Philippines�Justice, Petron Corp., oil firms, president gloria, price cap, Singapore, Association of Southeast Asian Nations, Department of Foreign Affairs, Alberto Romulo, Foreign relations of Singapore, ASEAN Eminent Persons Group, Diplomatic conferences, International organizations, ASEAN, Politics, Business Finance, Gloria Macapagal-Arroyo, Scouting in the Philippines, Commodities market, Liquid fuels, Kerosene, Price of petroleum, Petroleum, Fuels, Petroleum products, Oils, Agnes Devanadera, Solicitors, Gasoline, Petron Corporation
The national average cost of a litre of unleaded sits at $1.22 a litre, fresh data from the Australian Institute of Petroleum reported on Monday. South Australian motorists copped the biggest rise, seeing the average price of unleaded in their state rise...
Tags: oil price, U.S, Asia, Singapore, Price of petroleum, Brent Crude, Benchmark, energy crisis, Futures contract, Commodities market, Oils, Petroleum, Business Finance, Cent, Short, Stock market, Finance, FTSE 100 Index, Precious metals, Money, United States dollar, Gold coin, Gold, Chemical elements, Noble metals, Transition metals, Dollar coin, Coins of the United States, Derivatives, Palladium, Ounce
The country’s furnace oil import bill is estimated to go up by more than 75 per cent this fiscal year owing to increased reliance on thermal power production, despite a substantial reduction in international oil prices, according to government estimates....
Tags: metric ton, furnace oil, million metric, oil import, million barrels, oil consumption, crude oil, oil price, Pakistan, Islamabad, Petroleum, world oil market chronology, Mining in Venezuela, Futurology, Peak oil, Sustainability, Business Finance
Kuwait Stock Exchange (KSE) was dramatically hit this week by a selling spree that was spread all across the market sectors. Investors dropping large capitalization stocks also weighted negatively on the index. As measured by Global's weighted General...
Tags: Kuwait Petroleum Corporation, Kuwait Stock Exchange, Kuwait Oil & Gas, DAMAC Kuwaiti Holding Company, Kuwait National Petroleum Company, biggest loser, ton premium, total trade, trade volume, oil price, Kuwait, Jalīb aš-Šuyūẖ, Peak oil, Price of petroleum, OPEC, Petroleum industry, Economy of Kuwait, Petroleum, Western Asia, Business Finance
The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the largest increase in more than 10 years, as oil prices rose for the seventh straight month and imports from China bounded higher. Adding urgency to talks President...
Tags: U.S, trade gap, trade deficit, deficit widened, consumer sentiment, gap widened, oil price, price rose, China, gap grew, Washington, Balance of trade, International trade, Macroeconomics, Business Finance, Index, Index numbers, Consumer Confidence Index, MarketWatch, Futures contract, Dow Jones Industrial Average, Timothy Geithner, Cartier SA, Montblanc, Anton Rupert, Luxury brands, Richemont, Johann Rupert, Economic relations of Japan, Foreign trade of the Soviet Union, United States Treasury security, Long-Term Capital Management, Reuters, Bonds, Hedge funds, Government debt