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New York's main contract, light sweet crude for delivery in December, plunged $US2.16 to $US77.12 a barrel, after touching a low of $US76.68. Brent North Sea crude for December delivery dived $US1.94 at $US76.01 per barrel in London trading, having earlier...
Tags: oil price, oil demand, risk derailing, IEA, economic recovery, price spike, crude oil, european share, recent price, United Kingdom, London, Short, ALFA, BT Group, Stock market, Price of petroleum, TeliaSonera, Business Finance, Environmental economics, OPEC, International Energy Agency, energy crisis, Predicting the timing of peak oil, Energy economics, Petroleum, Peak oil, Volkswagen, Iberia Airlines, British Airways, FTSE 100 Index, DAX, Porsche
After getting the consensus of oil industry players to offer discounts and stagger increases in oil prices, President Gloria Macapagal-Arroyo announced Friday that the freeze on oil prices in Luzon would be lifted on Monday. Arroyo said that the price...
Tags: Gloria Macapagal-Arroyo, oil price, Gloria Macapagal Arroyo, price controls, Ms Arroyo, president gloria, fuel price, Luzon, Philippines, Agnes Devanadera, Manila, Politics, Association of Broadcasters of the Philippines, Price of petroleum, Commodities market, National Oil Corporation, Gasoline and diesel usage and pricing, Business Finance, Scouting in the Philippines, Asia-Pacific Economic Cooperation, Diplomatic conferences, Politics of the Philippines, Moot court, Royal Dutch Shell, Shell Oil Company, Makati City, Profiteering, Rationing, Microeconomics, Profit, Benigno Aquino Jr., Commission on Elections, Ninoy Aquino International Airport
Oil prices today rose in Asian trade, boosted by positive showings on regional equities markets and a strengthening Chinese economy, analysts said. New York's main contract, light sweet crude for delivery in December, broke the $80 mark to $80.81 per...
Tags: oil price, U.S, oil demand, New York Mercantile Exchange, petroleum exporting, exporting countries, China, Singapore, Business Finance, Petroleum, Price of petroleum, OPEC, world oil market chronology, Peak oil, energy crisis, Commodities market, Barrel per day, Environmental economics, Brent Crude, Benchmark, Petroleum production, Petroleum politics, Futures contract, Cartels, Energy economics, International Energy Agency, Chronology of world oil market events, Athabasca Oil Sands, to 2008 world oil market chronology
A Pilipinas Shell executive took the witness stand at the Makati Regional Trial Court on Wednesday morning to testify for the scrapping of a Malaca�ang order that imposed a price cap on oil products. The Pilipinas Shell said the executive order from the...
Tags: price cap, Pilipinas Shell, oil price
Oil prices are at a “good level” and will allow Oman to push ahead with its economic development plans, the Sultanate’s Central Bank Governor Hamoud bin Sangour Al Zadjali said. “Oil prices have risen to a good level that will help the Sultanate implement...
Tags: million barrels, Oman, oil price
The Energy Information Administration raised its forecasts for this winter's oil price Tuesday, saying it will average at $77 a barrel during the period from October to March, up $7 a barrel from earlier forecasts a month ago. Heating oil prices will...
Tags: oil price
Lawmakers on Tuesday chastised oil companies for �hostaging� the government when they raised the threat of dwindling oil supply to pressure Malacanang to lift the imposed ceiling on prices of oil in Luzon. And instead of doing something to avert a shortage,...
Tags: Angelo Reyes, Luzon, oil companies, fuel price, price cap, oil price, oil firms, Philippines, Malacanang, Miriam Defensor-Santiago
Maine— Maine election officials are giving the go-ahead for a June referendum on a tax reform law enacted by the Legislature last spring. Secretary of State Matt Dunlap said Monday that those pushing for a people's veto vote submitted 56,107 valid voters'...
Tags: Maine, heating oil, oil price
She has been the moving spirit behind the merger of Lakas CMD and Kampi,'' party secretary general Gabriel Claudio said in a text message. Arroyo is handing over the party chairmanship to Teodoro at the party convention on Nov. 19 "in keeping with party...
Tags: oil price, executive orders, Arroyo, Luzon, partial lifted, secretary cerge, press secretary, fuel price, Cerge Remonde, price caps
The statewide fuel average for regular gasoline at the pump Thursday was $2.57 per gallon, up about 5 cents from last week. The nationwide average is at $2.68 per gallon of regular, down nearly a penny from last week. Tucson drivers continue to pay the...
Tags: U.S, oil price, natural gas, New York Mercantile Exchange, cubic feet, benchmark crude, gas inventories