Saturday, July 12th, 2008
The dollar fell against major currencies on Friday as credit worries continued and oil prices hit new record.
Fears that the U.S. government may be forced to rescue government-sponsored mortgage lenders Fannie Mae and Freddie Mac ap ...
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Saturday, July 12th, 2008
Venezuelan President Hugo Chavez met his Colombian counterpart Alvaro Uribe early Friday in a bid to revive ties, which have become increasingly tense since November 2007.
After closed-door talks at the Amuay oil refinery in Paragua ...
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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
Iranian Oil Minister Gholam-Hossein Nozari said that Iran will raise oil export to 3.5 million barrels a day by the end of March 2010, Iran's satellite Press TV reported on Friday.
"Iran's oil export level will be raised to 3.5 mill ...
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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
Brazil will auction oil fields, except for the newly discovered pre-salt areas, authorities said Thursday.
Brazil's National Agency of Petroleum, Natural Gas and Biofuels, a regulatory department for the industry sectors concerning ...
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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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Friday, July 11th, 2008
Iranian Oil Minister Gholam-Hossein Nozari said that Iran will raise oil export to 3.5 million barrels a day by the end of March 2010, Iran's satellite Press TV reported on Friday.
"Iran's oil export level will be raised to 3.5 mil ...
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