News tagged with “oil price”. Found:
500 tagged news reports.
Your Search Returned 500 tagged news reports
Oil extends gains despite strengthening dollar
London :: United Kingdom | about 1 month ago
Credibility
Crude prices rose on Tuesday as investors weighed economic recovery outlook against strengthening U.S. dollar. Light, sweet crude for December delivery rose 1.47 dollars, or 1.9 percent, to settle at 79.60 dollars a barrel on the New York Mercantile...
Tags: Federal Reserve, U.S, stock futures, oil price, New York Mercantile Exchange
Nograles amenable to temporary lifting of EO 839
Manila :: Philippines | about 1 month ago
Credibility House Speaker Prospero Nograles on Tuesday said he is amenable for a temporary lifting of Executive Order 839, which placed petroleum products under price control, provided oil companies will agree to "full disclosure" of their stock inventories and importation...
Tags: Luzon, oil price, price control, petroleum products, executive order, oil companies, Lorelei Fajardo
Oil prices rebound on weak dollar, US and Chinese data
Singapore :: Singapore | about 1 month ago
Credibility Oil prices rebounded on Monday, buoyed by a weaker dollar and positive US and Chinese economic data that bolstered hopes of stronger demand in the two biggest energy-consuming nations. New York's main contract, light sweet crude for delivery in December,...
Tags: U.S, oil price, China, New York Mercantile Exchange, crude oil, economic data
Wall St breaks losing streak
New York City :: NY :: USA | about 1 month ago
Credibility The US Government's first estimate of GDP showed the economy expanded at an annual rate of 3.5 per cent, suggesting it is recovering from the worst recession in 70 years. In other economic news, data from the US Labor Department showed the number of workers...
Tags: oil price, U.S, economy returned, United States, New York Mercantile Exchange, percentage gain, New York City, data showing
U.S. stocks slide amid economic worries
Singapore :: Singapore | about 1 month ago
Credibility U.S. stocks slid on Wednesday as a surprisingly weak new home sale exacerbated investors' worries about economic recovery. Financial, energy and tech sectors led the market down. Homebuilders lost ground after the U.S. Commerce Department said new...
Tags: U.S. Commerce Department, gas price, oil price, AAA Arizona, New York Mercantile Exchange, gdp report
Shell profits show sharp decline
Frankfurt :: Germany | about 1 month ago
Credibility The company said profit for the three months to September fell 73% to $3bn ($1.8bn) from a year earlier. "We are not expecting a quick recovery," Shell chief executive Peter Voser said. BP, its UK rival, this week reported its third-quarter profits were...
Tags: Royal Dutch Shell PLC, Shell Oil, oil price, net income
OPEC Considers Boosting Production as Oil Prices Continue to Rise
London :: United Kingdom | about 1 month ago
Credibility Analysts have been speculating about whether or not oil prices would again breach $100 a barrel...Prices have surged about 140% from their February lows, soaring as high as $82 a barrel last week. While the global economy has shown signs of recovery,...
Tags: oil price, Asian, U.S, asian stock, economic recovery
BP profits hit by lower oil price
London :: United Kingdom | about 1 month ago
Credibility Its replacement cost profit between July and September was $4.98bn (£3bn), down from $10bn a year earlier. However, the results were ahead of analysts' expectations and profits were much higher than the $3.14bn BP made in the second quarter of 2009. Although...
Tags: oil price, cut target, bp profits, oil giant, quarter profits, profits halved
Economic reports point to bumpy recovery
Frankfurt :: Germany | about 1 month ago
Credibility Regional economic reports on Monday suggested the U.S. economy has clambered back to levels associated with the end of recession, but recovery will be patchy and may prove fleeting. Economic activity and manufacturing data for the U.S. Mid West and Texas...
Tags: oil price, U.S. Mid West, Nigerian, Chicago Federal Reserve, activity index, crude oil, economic activity, militant group, light sweet, sweet crude
EO on oil price rollback toothless
Manila :: Philippines | about 1 month ago
Credibility Executive Order 839 imposing ceiling on price of fuel products could be rendered �toothless� following a Palace statement that its implementation would be on �voluntary basis� on the part of oil companies. As this developed, Speaker Prospero Nograles...
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