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Search Results: 648 results for keyword "oil price".
Oil prices plunge on US growth woes, Greek debt
16-06-2011 09:07
Oil prices plummeted Wednesday to below $95 a barrel in New York as investors fretted about fresh signs of weakness in the US economy and tensions in Greece sent the dollar jumping.
Oil spikes on OPEC deadlock; corn hits record
11-06-2011 08:13
World oil prices surged this week after Saudi Arabia failed to clinch agreement over an OPEC output boost, while corn hit a record peak as the US Department of Agriculture cut its inventories forecast.
Oil prices rise on OPEC supply concerns
10-06-2011 08:24
Oil prices firmed slightly on Thursday on prospects of tight supplies after OPEC maintained its output ceiling ahead of an expected pick-up in energy demand later in the year, analysts said.
Oil prices skid amid rumors of OPEC output hike
07-06-2011 08:33
Oil prices fell Monday amid worries about a faltering global economic recovery and speculation that the OPEC may raise supply.
IATA halves airline profit outlook to $4bn in 2011
06-06-2011 15:55
IATA on Monday halved its profit forecast for the airline industry to $4 billion in 2011 due to the March 11 tsunami in Japan, unrest in the Middle East and North Africa and high oil prices.
World oil prices stable before holiday weekend
28-05-2011 08:58
Crude oil prices stabilized on Friday in muted trading before a long holiday weekend in Britain and the United States, where financial markets will remain closed on Monday for public holidays.
Oil prices slide as IEA issues gloomy demand warning
20-05-2011 08:43
The oil market sank on Thursday as the International Energy Agency warned that high prices could threaten global economic growth and called for increased output to tackle the problem.
Oil prices slide after poor US data
18-05-2011 08:50
Oil prices slumped in volatile trading Tuesday, as more disappointing US economic data heightened concerns over weak global energy demand.
Maersk Group reaped a big crop for 2011’s first quarter.
16-05-2011 13:48
Maersk Group last week reported that its revenue for the period increased by 10 per cent to $14.5bn, up from $13.2 billion in the same period last year, primarily due to higher container freight rates, container volumes and oil prices.
IEA sees bulls still running around $110 oil price
12-05-2011 16:46
High oil prices are slowing North American demand, and easing rich-country growth will crimp global oil usage this year but the price could hover around $110 per barrel, the IEA said on Thursday.
Crude oil prices plunge on demand worries
12-05-2011 08:24
Crude oil prices dived Wednesday amid signs of slowing demand in the United States and China and a rise in the dollar.
Oil reverses early gains, US jobs report in sight
06-05-2011 16:30
Oil prices reversed earlier gains on Friday as dealers became nervous about the release of US jobs data later in the day, analysts said.
High oil prices fuel ExxonMobil bumper profits
29-04-2011 08:34
ExxonMobil reported nearly $11 billion in quarterly profit Thursday on the back of a surge in oil prices that has put the company in the crosshairs of US politicians, including President Barack Obama.
Shell says profits rocket to $8.78bn in quarter
28-04-2011 17:19
Anglo-Dutch oil giant Shell turned in a 60-per cent net profit leap for the first quarter on Thursday, as the group benefited from resurgent oil prices and the sale of non-core assets.
BP reports profit up to $7.124 billion in quarter
27-04-2011 14:42
Energy giant BP said on Wednesday that first-quarter net profits leapt 17 percent to $7.124 billion (4.9 billion euros) as oil prices surged, one year after being hit by the US oil disaster.
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