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February, Wednesday

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News // Markets & Stocks

Brazilian Oil Workers on Strike

A five-day strike by Brazilian oil workers that began early Monday has cut the production of Brazil's state oil company
15 July 2008 , 11:268760

Oil Slid Below $145

Oil dropped below $145 a barrel Tuesday in Asia although a series of threats to supply in a finely balanced market
15 July 2008 , 10:355910

South African Bonds Moved Positive on Oil, Dollar Weakness

South African bonds moved into double-digit positive territory during the morning session
15 July 2008 , 09:326220

Gas Explosion in Western Australia Caused Big Loss

There has been a $2.4bn loss to the state's economy since the June 3 explosion on Varanus Island
10 July 2008 , 15:246030

Iran Test-Fires Sent Oil Prices High

Oil prices rose in Asian trade on Thursday, gaining support from Iran's test of a...
10 July 2008 , 09:525420

Oil Prices to Reach $200: Forecast

Secretary General of the Council of Arab Economic Unity said the Arab world and all the countries in the world would be affected if Tehran is attacked...
09 July 2008 , 11:095530

Crude Oil Prices Down From the Record

Crude oil prices fell to about $136 a barrel amid a global economic slowdown
09 July 2008 , 09:565730

Oil Above $145 Cause Investors Seek Alternatives To Stocks

Crude oil traded near a record in New York above $145 a barrel, set for a second week of gains, as investors purchased commodities as an alternative to flagging equities markets...
04 July 2008 , 12:006130

Natural Gas Declines Because Traders Pause On Gains

Natural gas declined as speculators sold positions after a price gain of 78 percent this year...
03 July 2008 , 10:547230

Oil Prices Hit Record Above $144 Over U.S. Stockpile Drop

Crude oil rose to a record above $144 a barrel in New York after U.S. stockpiles dropped...
03 July 2008 , 09:526730

Crude Holds At $US140

Crude oil rose for a third day in New York on speculation further weakness in the US dollar will sustain investor demand for the commodity...
30 June 2008 , 11:366200

Oil Declines From Record High Over U.S. House’s Passed Speculation Measure

Crude oil fell in New York, retreating from the record $140.39 a barrel reached yesterday...
27 June 2008 , 08:246530

Oil: Insignificant Decline On Shrinking Fuel Demand Due To High Prices

Crude oil was little changed after falling more than $2 a barrel yesterday as a report showed U.S. fuel demand fell...
26 June 2008 , 08:386200

Oil Rises As Supply Worries Outweigh Saudi Boost

US crude settled at $136.74 a barrel, up $1.38. London Brent crude was up $0.99 at $136.24 a barrel
24 June 2008 , 09:346930

Crude Oil $136!

Crude oil rose to more than $136 a barrel in New York on speculation Saudi Arabia's pledged output...
23 June 2008 , 10:385860

Oil Prices Tumble On China Fuel Prices Increase

Oil prices dropped sharply Thursday on the news that China will raise domestic fuel prices and Iraq's potential output increase
20 June 2008 , 10:545380

Oil Prices Lower On Profit-Taking In Asia

Oil prices fell in Asia on Thursday as investors took profit ahead of a high-profile weekend meeting...
19 June 2008 , 09:195640

Wall Streets Ends Mixed On Retreating Oil Prices

Wall Street ended mixed Monday as oil prices retreated from...
17 June 2008 , 10:195380

Oil Hits New Record Highs - $140!

Wall Street ended mixed Monday as oil prices retreated from a fresh record high and...
17 June 2008 , 08:516910

Oil Falls As Saudi Boosts Oil Production

Oil fell more than a dollar to below $134 on Monday...
16 June 2008 , 11:516120