Friday, July 11th, 2008
South Korea's spending on import of oil, coal, natural gas and other energy products in the first half of this year reach 70.2 billion U.S. dollars in the first half as international crude prices surge, the South Korea Customs Service said ...
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Friday, July 11th, 2008
Since last July, the average oil prices of the Organization of Petroleum Exporting Countries (OPEC)have almost doubled, rising from less than 70 U.S. dollars per barrel (dpb) to over 140 dpb. Facing the skyrocketing prices, different people ...
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Friday, July 11th, 2008
Crude prices rebounded sharply Thursday on tensions in the Middle East that stirred by Iran's missile testing. Oil futures soared more than 5 U.S. dollars a barrel on the New York Mercantile Exchange.
Iran announced that it has succ ...
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Wednesday, July 9th, 2008
Wall Street saw another choppy session and moved slightly higher Tuesday as oil extended Monday's losses.
Light, sweet crude fell 5.66 U.S. dollars to 135.71 dollars a barrel in early trading on the New York Mercantile Exchange, aft ...
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Wednesday, July 9th, 2008
South Korea will enforce extra energy-saving measures earlier than planned if international crude oil prices surpass 150 U.S. dollars per barrel, Yonhap news agency quoted the Ministry of Strategy and Finance as saying.
According to ...
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Wednesday, July 9th, 2008
Ukraine's state oil and gas company Naftogaz said on Tuesday it owes the gas trade intermediary RosUkrEnergo, 50 percent owned by Russian energy firm Gazprom, 897million U.S. dollars.
"As of July 1 this year, the debt of Naftogaz to ...
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Wednesday, July 9th, 2008
U.S. stocks rebounded sharply Tuesday as crude prices dropped sharply for the second day with all the major indexes up more than 1 percent.
Crude prices fell more than 5 U.S. dollars to 136.04 dollars a barrel on the New York Mercan ...
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Wednesday, July 9th, 2008
Crude futures tumbled more than 5 U.S. dollars on Tuesday as the market worried that the demand would fall due to high oil prices and the tension in the Middle East eased.
Light, sweet crude for August delivery dropped 5.33 dollars ...
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