Email
Password
Remember meForgot password?
Log in with Facebook Log in with Twitter
Connect your Digital Journal account with Facebook or Twitter to use this feature.

Oil prices News

Have gas and oil prices reached their peak for 2012?

Four separate reports out this week suggest that the pain at the pump is starting to gradually ease for most Americans and possibly showing signs that the worst may be over.

Iran war could cause 30% increase in oil prices says IMF chief

If the flow of oil from Iran is cut, this may cause a surge in crude prices of up to 30%, dealing a serious blow to the world economy, warns IMF chief, Christine Lagarde.

Saudi Arabia vows to bring oil prices down

Riyad - Saudi Arabia has announced it will work both individually, and in coordination with other GCC countries, to bring the price of oil down to reasonable levels.

Iran stops oil exports to six European countries

Iran has taken preemptive steps against a European Union ban on Iranian oil imports, due to come into effect on July 1, by cutting oil exports to six European countries.

Top Stories Public Followed In 2011

Now that the new year is here, it's time to take a look at what we the people, followed most closely last year. Pew Research has compiled, not a top 10 best list, but rather those stories that gained our attention the most.

Oil prices reach a 2.5-year high amid Middle East turmoil

Oil prices hit a two-and-a-half year high on Thursday, but pulled back late in the session. Brent crude closed at $111.36, up 11 cents while West Texas crude, the US benchmark, closed at $97.28, down 82 cents.

Oil prices reach highest level since ’08, markets tense

New York - A decline in oil production in Libya as a result of the escalating violence has caused oil prices to reach their highest level since 2008 and experts say national and global economic recoveries could be in jeopardy if protests spread through the region.

Canadian Dollar Trading Below 80 Cents U.S.

The Loonie is being pulled down by falling world markets and declining oil prices and is trading below 80 cents U.S. today.

Op-Ed: A Gold Medal for Last Week's Bull Rally

It was beautiful. It was wow. It was unbelievably exciting. It was indescribable. It was beyond superlatives and no we are not talking about the spectacular display at the Beijing National Stadium, it was the bull rally last week on Wall Street.

Op-Ed: Republicans Trying To Force Offshore Drilling On The Nation

If the Republicans are really concerned about the rising gasoline prices they should help pass pass the bill to rise oil from the strategic reserves instead of jeopardizing the environment by blindly pitching for offshore oil drilling.

Op-Ed: World Needs To Move Out Of OPEC’s ‘Oil Claw’

The world can no longer afford to be an 'oil puppet' at the hands of the oil producing nations. It's time to move to renewable energy sources to achieve total energy independence.

UN Report Suggests Severe Global Economic Downturn Ahead

The report issued by the UN’s Department of Social and Economic Affairs (DESA), predicts that world economic growth will fall steeply to 1.8 per cent this year and 2.1 per cent next year, down from 3.8 per cent in 2007.

Op-Ed: Oil price rises causing poverty in the Middle East

Everyone’s favorite planet-killing commodity is at it again. It doesn’t just start wars, it also causes poverty in really poor countries. It’s now driving up food prices in places like Jordan. The world just wouldn’t be the same without it.

Oil Prices Hit $100 Per Barrel

China's demand for crude oil is being cited as a factor in driving oil prices to a historic new record today of $100 per barrel this morning in New York Stock Exchange (NYSE) trading.

Oil Prices Raising to Over $86

Not surprisingly, oil prices have once again reached an all time high. Just over the weekend crude oil prices rose $2.44, from $83.69 to $86.13. Crude oil production continues to fall while the demand rises - not a good combination.

Oil Prices Reach New High

Oil prices have reached a record high amid concerns that disruptions in Nigeria and the North sea will interfere with supply. The price of a barrel of sweet crude is now 78.71 up 31 cents from the previous high in 2006.

OPEC is Not Going to Make This an Easy Year According to IEA

Later this year oil could be a hard commodity to get at. The demand for emerging countries, a sharp decline in May of production and June's yearly decline as scheduled routine maintenance on infrastructure all point to a hard second half of the year.

Oil hovers at $65 on Iran fears

Oil prices have been hovering around $65 a barrel with tensions between the west and Iran

Firms Crimping Oil Supplies

An AP analysis and a Pew Research Center poll found in October find. The Pew Research Center is a nonpartisan "fact tank" based in Washington, DC, that provides information on the issues, attitudes and trends shaping the USA and the world.

Oil eases after U.S. crude stocks build

Yeah like this is going to last...
 

Search Digital Journal Archives


Set up a news alert for

Oil prices


Oil prices Image

Muammar Al-Gaddafi
Muammar Al-Gaddafi
U.S. Navy photo by Mass Communication Specialist 2nd Class Jesse B. Awalt
image:84208:1::0

Corporate

Help & Support

News Links

copyright © 2014 digitaljournal.com   |   powered by dell servers