Price News
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By AFP
Dubai -
Oil producers who agreed last week to trim production to boost prices will meet in April to review the impact and sign a long-term pact, the UAE minister said Wednesday.OPEC and some non-OPEC producers decided to cut output by 1.
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By AFP
Fpo -
Oil prices soared more than five percent on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising tariffs on Chinese imports, stalling a trade row that many feared could hit demand for the commodity.
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By AFP
Port-au-prince -
Haiti's Prime Minister Jack Guy Lafontant on Saturday announced the suspension "until further notice" of a fuel price hike that triggered violent protests and left one dead in the Caribbean nation.
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By AFP
Port-au-prince -
At least one person was killed amid protests in the capital of impoverished Haiti Friday, following the announcement of a fuel price rise to comply with an International Monetary Fund agreement.
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By AFP
Singapore -
Oil prices tumbled more than one percent on Wednesday in Asia, extending the previous day's sharp falls after the International Energy Agency warned of weakening demand.
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By AFP
Washington -
The US Senate narrowly confirmed Tom Price as President Donald Trump's pick for health secretary Friday, appointing a fierce Obamacare critic who aims to implement a Republican promise to tear up the divisive health care reform law.
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New York -
Shares in North Carolina-based Krispy Kreme doughnuts soared Monday after a Luxembourg coffee investment giant announced plans to buy the 1,100-store chain.
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Washington -
Now for something completely different; the cost to mail a letter is going down in the United States. Yes, prices going down — you heard that right.
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By AFP
Vienna -
The Organization of the Petroleum Exporting Countries has decided against cutting its oil output to lift prices, its president and Nigerian oil minister Emmanuel Ibe Kachikwu said following a meeting here Friday.
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Washington -
One of the top leaders of feared Iraqi terrorist group Islamic State was killed Wednesday in a drone strike, U.S. officials acknowledged this week.
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Chinese smartphone brand OnePlus has announced that it burnt through all of its available stock for its new flagship handset, the OnePlus Two, after just 64 seconds of the phone going on sale in its home country. It packs $600 features into a $329 device.
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Seattle -
Feeling the pain? You're not alone.
Your morning coffee just got a little more expensive.
Starbucks, the nation's largest cafe chain, raised the price of most of its drinks by as much as 20 cents on Tuesday.
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Newark -
Police arrested a woman in Newark after she allegedly bit an employee at Macy's. The woman was allegedly upset over the price of an item.
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Last week, the leader of the Mobile Marketing Association advised advertisers that they were being dramatically under-charged for ad videos on mobile platforms. He suggests that supply outweighs demand and that the current low prices cannot last long.
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After approval of economic reform proposals submitted by Greece helped the FTSE 100 reach record-breaking levels yesterday, it has fallen back considerably throughout the course of today, with shares in some major companies dropping by nearly 10 percent.
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By AFP
New York -
U.S. oil prices sank more than $4 in opening trade Friday, a day after OPEC decided to not cut production in response to lower prices.Near 1400 GMT, US benchmark West Texas Intermediate for delivery in January stood at $69.
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By AFP
New York -
Global oil prices plunged Friday to new multi-year lows after the OPEC oil-producing cartel decided to maintain crude output in an oversupplied market.US benchmark West Texas Intermediate for delivery in January closed at $66.
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By AFP
Vienna -
OPEC's decision against cutting oil production, despite a global glut in supplies, triggered a five-dollar collapse in crude prices and prompted a fall in early trading on Asian markets Friday.
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By AFP
Vienna -
Rosneft has trimmed its oil output partly in response to sliding crude prices, the Russian oil giant said Tuesday, as an under-pressure OPEC mulled taking similar action.
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The Nokia Lumia 1020, a high-end Windows Phone device famed for its incredible 41MP camera lens, has dropped significantly in price, apparently permanently, over this weekend.
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Uzhorod -
75 years ago, my Uncle Elemér was condemned to death when Germany’s Adolf Hitler and Russia’s Josef Stalin became allies in a pact that would directly lead to the Second World War and many other horrors.
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Netflix surprised customers today with their the announcement of their decision to increase monthly plans by $1 to $2 in their shareholder newsletter.
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By AFP
London -
Oil prices extended losses Friday on poorly-received economic data out of China this week that has raised concerns over potential weaker crude demand from the world's biggest consumer of energy.
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By AFP
Paris -
The global oil market is returning to a rough balance but Russia's annexation of Crimea has clouded the outlook with both supply and demand growth to slow, the International Energy Agency said Friday.
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By AFP
London -
Global oil prices advanced on Tuesday on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's West Texas Intermediate (WTI) for delivery in May won 77 cents to $101.21 per barrel.
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By AFP
Al Kuwait -
Kuwaiti Oil Minister Ali al-Omair said Monday that current oil prices are "fair" despite strong geopolitical factors impacting the region.OPEC member Kuwait is the world's fourth-largest oil exporter, pumping around 3.
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By AFP
London -
Global oil prices sank Thursday on an expected return of Libyan supplies after a months-long disruption in exports, and following recent weak global economic data, analysts said.
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By AFP
London -
Global oil prices rose on Friday as traders took their cue from upbeat U.S. economic indicators and concerns over supply disruptions in Nigeria. New York's main contract, West Texas Intermediate (WTI) for delivery in May, gained 51 cents to $101.
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By AFP
London -
The London Metal Exchange, the main global metals market, suffered a big setback on Thursday in attempts to reform its warehousing network when a court ruled in favour of objections by Russian firm Rusal.The dispute hinges on plentiful supply of alumin...
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By AFP
London -
Oil prices steadied on Wednesday, with supply disruptions in Libya and Nigeria offsetting expectations of a rise in US crude inventories, analysts said.
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Price Image
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Krispy Kreme Halloween Doughnuts. Jim the Photographer / Wikimedia Commons
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