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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Wednesday, July 9th, 2008
The World Bank (WB) has approved 50 million U.S. dollars in credit to support the Malawi Social Action Fund (MASAF).
The second phase of Malawi Third Social Action Fund (MASAF 3 APL II), which is expected to run from the end of 2008 ...
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Monday, July 7th, 2008
A senior Arab official warned that oil prices would jump to more than 200 U.S. dollars a barrel if Iran was militarily attacked, the Egyptian state MENA news agency reported on Sunday.
Secretary General of the Council of Arab Econom ...
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Friday, June 27th, 2008
Wall Street plunged Thursday with Dow Jones closing lowest in nearly two years as a series of bad economic news hit the market and oil prices set a new record at 140 U.S. dollars a barrel.
Light, sweet crude for August delivery sett ...
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