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February, Wednesday

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News // Markets & Stocks

Investors Dig In With Camec

Central Africa Mining , the exploration group headed by former Test cricketer Phil Edmonds, was in demand yesterday...
16 June 2008 , 10:035830

Oil Prices Rise Again In Asia

Oil prices rose again in Asia on Wednesday as the world's biggest oil producers and consumers prepared to meet...
11 June 2008 , 10:225970

Crude Prices Approached $140

Crude prices rocketed more than 10 U.S. dollars in a day...
09 June 2008 , 10:586030

Surging Oil Prices May Slow Global Economy

Oil prices topping $130 a barrel may slow global economic growth...
09 June 2008 , 08:185870

Oil Prices Unbelievably Soars Above $138!

Oil prices hit more than $10 US a barrel Friday to new record highs over bullish forecasts...
07 June 2008 , 08:206320

Stocks - Cosco Pacific, CNOOC Fall

The benchmark Hang Seng Index HSI reversed course and fell 0.5 percent to 24,005.50 in late morning trade on Thursday
05 June 2008 , 11:469080

Oil Continue Slipping Down Due To Demand Concerns

Oil edged down on Thursday, adding to the past two sessions' $5 losses, as India and Malaysia's decisions to raise fuel costs, together with...
05 June 2008 , 11:145320

Oil Slips Down Over Demand Concerns

Oil prices fell sharply today, dropping below $124 a barrel at one point as demand concerns grew and Federal Reserve Chairman Ben Bernanke indicated that more interest rate cuts are unlikely
04 June 2008 , 10:425740

Oil Prices Decline Over Weakening Demand

Tuesday oil settled down towards $127 over worries about weakening oil demand
03 June 2008 , 11:015560

Oil Prices Near $127 On Passed Over Storm

Crude oil traded near $127 a barrel in New York after a storm missed Mexico's biggest oilfield, and on speculation a U.S. probe...
02 June 2008 , 11:005660

Oil Tumbles Over Supply Concerns

Oil prices fell sharply Thursday after the Energy Department reported unexpected declines in crude oil supplies last week but said the drop was due to temporary delays in unloading oil tankers along the Gulf Coast
30 May 2008 , 11:125420

Gold, Oil Prices A Drag On Share Market

The share market remained weaker at noon, as sharply lower base metals, gold and oil prices deflated resource stocks
30 May 2008 , 09:385420

Oil Rebounds Above $131 Over Nigerian Concerns

Oil futures rose back above $131 today, recovering from early losses as threats against Nigerian oil facilities led investors to at least temporarily set aside concerns about falling U.S. gas demand
29 May 2008 , 09:456050

Oil Prices: Leaving Olympus Heights

Oil prices tumbled further from recent record peaks on Tuesday as traders sold off positions amid growing fears about energy US energy demand, analysts said
28 May 2008 , 12:564820

Oil Climbs Up Above $133

Oil rose above $133 a barrel Monday on concerns about global petroleum supplies and the outlook for the U.S. economy and the dollar, reported AP
27 May 2008 , 09:425620

US Slumps On Oil Spike

US shares tumbled on Friday as a new rise in crude oil futures dampened sentiment and investors refrained from taking new positions ahead of a three-day holiday weekend
26 May 2008 , 13:155670

Oil Soars Above $132

Oil traded higher at more than $132 a barrel on Monday as the U.S. summer driving season kicked off, underscoring concerns that output was inadequate amid rising demand
26 May 2008 , 12:546680

Oil Targets To New Borders: $135

Oil sped to new peaks for a third straight day on Thursday to top $135 a barrel as investors fretted over long-term supply constraints and a big drop in U.S. crude stocks
23 May 2008 , 09:375730

Petrol Bolted To New Record High On Weak Inventory

Oil prices have fixed to another breaking point, getting to $134 a barrel, on low US crude stockpiles worries and the weakening bock
22 May 2008 , 07:586040

Oil Above $129 On Supply Concerns

Oil prices held steady above $129 a barrel Wednesday in Asia after hitting another record in the previous session as supply concerns mounted and traders poured in for last-minute buying as the June contract expired
21 May 2008 , 11:524830