posted by
edward
1566 days ago
in EUR, Oil, Inflation
European producer prices declined more than economists expected in December on lower oil prices, adding to arguments that the region’s central bank should reduce interest rates more to combat the deepening recession.
posted by
HarrisClan
1566 days ago
in GBP, Oil
The Scottish oil and gas industry is likely to see job losses as a result of the global economic crisis, it was warned today.
posted by
Valerie
1567 days ago
in Oil
The price of crude oil is falling on Monday as weak economic news revives investor fears about weakening demand for energy.
posted by
ColdFire
1568 days ago
in USD, Oil
Crude oil fell on speculation a deepening economic contraction in the U.S., the world’s biggest energy consumer, will cause the slump in fuel demand to worsen.
posted by
CommodityTip
1570 days ago
in USD, Oil
Oil prices rose Friday as the possibility of an oil workers' strike in the United States weighed on investors.
posted by
PipChecker
1570 days ago
in USD, Oil, GDP
Oil jumps $2 on better-than-expected GDP data… OPEC says “willing to go further” to balance market… Labour action in U.K., U.S. supports crude prices…
posted by
vhinz316
1570 days ago
in USD, Oil, GDP
Oil futures rose $2 on Friday after data showed the U.S. economy shrank less than expected in the fourth quarter and after OPEC signalled it may again cut production.
posted by
jasumine
1570 days ago
in Oil
The “stability for now, upside later” argument for crude oil prices appears to be holding true for both WTI and Brent pricing, which has done little to set any directional bias so far in 2009. But one thing FirstEnergy Capital analyst Martin King
posted by
pipSyGirl
1570 days ago
in Oil
Crude oil rose amid indications that OPEC is implementing production cuts announced last month and may reduce output further.
posted by
milkyway
1571 days ago
in Oil
Crude oil in New York was little changed, set for a weekly decline of 11 percent, as concerns about a deeper U.S. recession outweighed OPEC pledges to increase output cuts.
posted by
Sylvanna
1571 days ago
in NZD, Oil
New Zealand Oil & Gas Ltd., the country’s biggest publicly traded explorer, said quarterly sales slumped 57 percent from the previous period as prices fell and production slowed from its Tui oil field.
posted by
LadyBroker
1571 days ago
in USD, Oil, Housing
Oil prices sank Thursday as a sour housing market signaled that demand would continue to remain low as the economic crisis rolls on.