Bangkok gold price surges to record high amid Mideast tension, weaker dollars

Monday, July 14th, 2008

Gold price in Bangkok, one of the major gold market in Southeast Asia, has surged to a record high upon concerns over renewed Middle East tensions and the weakening U.S. dollar, Thai News Agency quoted an industry executive as saying Monda ...

PetroCaribe members receive 59 million barrels of oil since 2005

Monday, July 14th, 2008

The member states of PetroCaribe have received 59 million barrels of oil and a fund of 921 million U.S. dollars since it was created in 2005, Venezuelan authorities said Sunday. The construction of eight companies worth 552 million ...

Mexican oil exports reach new record price

Saturday, July 12th, 2008

Mexico's exports of crude oil Friday reached a new record price of 131.45 U.S. dollars per barrel, three dollars more than the previous day, the state oil company Pemex said. The rise in prices of Mexican oil exports occurred in the ...

Crude prices top $147 on supply concerns

Saturday, July 12th, 2008

Crude prices rallied to a record high of above 147 U.S. dollar a barrel on Friday amid concerns over tensions in the Middle East and unrest in Nigeria. Light, sweet crude for August delivery rose more than 5 dollarsto 147.25 on the ...

Oil prices settle above $145 after hitting new high

Saturday, July 12th, 2008

Crude futures closed above 145 U.S. dollars a barrel after surpassing the 147 dollars level for the first time Friday on supply concerns in Iran, Nigeria and Brazil. Light, sweet crude for August delivery rose 3.43 dollars to settle ...

Crude prices top $147 for first time

Saturday, July 12th, 2008

Crude prices topped 147 U.S. dollar a barrel Friday on tensions in the Middle East and unrest in Nigeria. Light, sweet crude for August delivery soared 5.6 dollars to 147.25 on the New York Mercantile Exchange. Source:X ...

Matthew McConaughey’s baby fortune

Saturday, July 12th, 2008

Matthew McConaughey has reportedly sold photos of his new son for 3 million U.S. dollars. The "Fool's Gold" actor and model girlfriend Camila Alves - who welcomed Levi, their first child together, earlier this week - are said to have signed ...

War epic "Red Cliff" declares opening victory in Asian market

Saturday, July 12th, 2008

"Red Cliff", reportedly Asia's most expensive ever film, gained 27 million yuan (3.91 million U.S. dollars) of box office on its first-day release, setting the highest record among homemade movies. The first of this two-part epic mo ...