| 111. |
Oil jumps above $140 on OPEC, Libya comments
Oil futures shot above $140 Thursday after OPEC's president said crude prices could rise well above $150 a barrel this year and Libya said it may cut oil production. The advance raised the likelihood that gasoline prices would also extend their march higher, and that prices of goods and services
27 Jun 2008 |
| 112. |
HK plans to launch commodities exchange in 2009
In the first quarter of 2009, Hong Kong plans to launch a new commodities exchange to trade fuel oil and other commodities to capitalize on the booming market for raw materials in mainland China. Possible investors and members include Lehman Brothers, Merrill Lynch, Morgan Stanley and other major companies officials said today (June, 25).
25 Jun 2008 |
| 113. |
Oil prices steady around $137 a barrel in Asia
Oil prices were steady in Asian trading Wednesday amid concerns about the impact that high fuel prices are having on demand in the United States, the world's biggest energy consumer.
25 Jun 2008 |
| 114. |
Oil prices steady as market eyes Nigeria
Oil prices steadied near $137 a barrel Tuesday, supported by concerns over supply disruptions out of Nigeria and new European Union sanctions against Iran.
24 Jun 2008 |
| 118. |
Oil rises on modest Saudi increase, Nigeria
Oil prices rose Monday on disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline. Retail gas prices, meanwhile, inched lower overnight, but appear unlikely to change much as long as oil prices stay in a trading range.
24 Jun 2008 |
| 120. |
Oil minister: Saudi willing to increase crude output
Facing strong U.S. pressure and global dismay over oil prices, Saudi Arabia said Sunday it will produce more crude this year if the market needs it. But the vague pledge fell far short of U.S. hopes for a specific increase and may do little to lower prices immediately.
23 Jun 2008 |
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