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Search Results: 648 results for keyword "oil price".
Oil higher in Asian trade
15-08-2011 09:43
Oil prices were higher in Asian trade Monday, lifted by buoyancy in regional stock markets but analysts said the spectre of another global recession was expected to limit gains.
Oil price plunge signals high uncertainty over economy: IEA
10-08-2011 15:26
Oil is riding a "big dipper," with prices plunging again on uncertainty about debt levels in the West, signs of a slowdown in emerging markets and political paralysis, the IEA said on Wednesday.
Ministry won't cut petrol price despite cheaper oil
10-08-2011 13:41
Despite the continued decline in world crude oil prices, the domestic petrol price is likely to remain unchanged in the near future, an official from the Ministry of Finance said.
Oil slumps as US downgrade stokes demand worries
09-08-2011 09:07
Crude oil prices slumped Monday on mounting fears of slowing energy demand in the United States after a historic credit rating downgrade, analysts said.
Oil eases, elicits demand for lower retail prices
08-08-2011 16:00
With global oil prices declining, analysts are urging the government to cut retail prices instead of hiking import taxes like it did last time.
Shell profits soar on high oil prices
29-07-2011 09:00
Oil major Royal Dutch Shell said Thursday that net profits almost doubled to $8.6 billion (6.0 billion euros) in the second quarter, when the energy sector was boosted by surging crude oil prices.
BP rebounds into $5.62-billion net profit
26-07-2011 15:47
British energy giant BP rebounded into net profit in the second quarter of 2011, aided by high oil prices, after a huge loss last year in the wake of the Gulf of Mexico oil spill disaster, it said Tuesday.
US consumer prices fall as oil prices cool
16-07-2011 10:00
US consumer prices fell in June for the first time in a year as a sharp decline in oil prices eased inflation pressures, official data showed Friday.
Oil falls on China, eurozone debt worries
12-07-2011 08:16
Oil prices dropped Monday, pressured by growing market concerns about the slowing Chinese economy and the eurozone debt crisis.
Oil prices slide on US payrolls report
09-07-2011 08:43
World oil prices sank on Friday as traders took profits from the recent rally and dismal US jobs data doused hopes of an imminent revival of economic growth.
Oil prices fall on Portugal downgrade
06-07-2011 16:49
World oil prices fell on Wednesday when markets were spooked by a ratings downgrade to Portugal which suggested that the eurozone debt crisis was worsening.
Oil prices slide after recent bounce
30-06-2011 21:01
World oil prices slid on Thursday on profit-taking after soaring the previous day on easing concerns over Greece and signs of strengthening energy demand in the United States.
US and others plan biggest release of reserve oil
24-06-2011 10:23
The United States and other nations that depend on oil imports will release and sell 60 million barrels of crude from emergency stocks in an effort to ease the strain of high oil prices on the global economy.
Oil prices mixed as Greece debt weighs
21-06-2011 08:26
Oil prices traded mixed Monday as the market remained transfixed by the escalating Greek debt crisis and fears of contagion through the eurozone.
Oil slides on stubborn eurozone debt fears
18-06-2011 14:04
World oil prices fell on Friday on the back of widespread concern over the Greek debt crisis, analysts said.
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