| 21. |
Oil prices drop nearly $4 after storm threat eases
Oil prices plunged to a three-month low Monday, briefly tumbling below $120 a barrel in another huge sell-off after Tropical Storm Edouard seemed less likely to disrupt oil and natural gas output in the Gulf of Mexico.
05 Aug 2008 |
| 22. |
Oil falls to almost $124 on dour US economic data
Oil prices pulled back Thursday, wiping out some gains from the previous day's $4 a barrel rally, as traders bet that a cooling U.S. economy will continue to eat into U.S. demand for fuel.
01 Aug 2008 |
| 23. |
Big prices for oil, record 2Q profits at Shell
Royal Dutch Shell PLC reported a 33 percent jump in second-quarter profits Thursday, its biggest quarter ever at $11.6 billion thanks to high oil prices and the weak dollar.
31 Jul 2008 |
| 25. |
Oil rises on Iran nuclear concerns
Oil prices rebounded Monday in Asia on comments by Iran's president suggesting a significant increase in the country's nuclear program, but worries about the faltering U.S. economy and crude demand continued to weigh on futures.
28 Jul 2008 |
| 27. |
Oil rises above $126 after recent lows
Oil extended a rebound Friday, rising above $126 a barrel after several declines over the past two weeks, although the market remains weighed down by the belief that falling fuel demand does not justify the recent high prices.
25 Jul 2008 |
| 28. |
Vast oil, natural gas reserves estimated in Arctic
Some 90 billion barrels of oil and nearly a third of the world's undiscovered natural gas remain untapped under an area north of the Arctic Circle, government scientists estimate, in the largest-ever survey of the area's energy potential.
24 Jul 2008 |
| 29. |
Feds charge shipping company in SF Bay oil spill
The Hong Kong-based operator of a container ship that struck a bridge support in the San Francisco Bay last year has been indicted for allegedly doctoring paperwork in an attempt to thwart the investigation.
24 Jul 2008 |
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