|
11
Votes
vote
![[OIL PRICES] Oil Falls Toward $50 a Barrel as Fuel Use Falls, Equities Slump !](http://statics.keegy.com//img/postsh/15/5F/th2-turkey-fryer-uses-no-oil-but-it-uses-no-oil-kitchentech.jpg)
[OIL PRICES] Oil Falls Toward $50 a Barrel as Fuel Use Falls, Equities Slump !Crude oil fell for a fifth day, approaching $50 a barrel, as the contracting world economy increases concerns that demand for fuels will slow. U.S. fuel use during the past four weeks averaged 19.1 million barrels a day, down 7 percent from a year ago, an Energy Department report said yesterday.. ... |
|
0
Votes
vote
Brazil as a new kind of oil giantAs its peers in the region see their oil production slipping Brazil's state-controlled oil company Petrobras is entering a new era as the region's silent giant. ... |
|
2
Votes
vote
5 Years From Now Peak Oil Pinch Could Devastate the UK Economy, New Report WarnsHere’s today’s addition to the growing list of groups and people warning that the problems that financial recession may bring will pale in comparison to the coming nexus environmental and energy problems. (I won’t say describe them as crises, as we throw around that word that it’s become ... |
|
7
Votes
vote
OPEC Output Cut Fails To Stop Oil From Sliding Below $62VIENNA, Austria — Growing evidence of a severe global economic slowdown drove oil prices to below $62 a barrel Monday, as investors brushed off a sizable OPEC output cut. Traders were taking their cues from world markets, which slumped again Monday with the Nikkei index in Japan closing at its lo ... |
|
4
Votes
vote
OPEC Orders Cut in Oil ProductionOPEC ordered a cut in oil production Friday of at least 1.5 million barrels a day. The reduction, announced at an emergency meeting here, will come into effect on Nov. 1, according to Ali al-Naimi, Saudi Arabia’s oil minister. ... |
|
10
Votes
vote
OPEC set to cut oil output at emergency meetVIENNA (AFP) - OPEC is set to announce a cut to its oil output at an emergency meeting here on Friday in a bid to support crude prices, which are plunging as recession fears hit demand for energy worldwide. ... |
Create tab
Block this tag
5-million
cac-40
corporate-earnings
criticised
crude-prices
economic-news
fears
global-economic-slowdown
global-markets
global-recession
naimi
oil-company
oil-demand
oil-giant
oil-markets
oil-minister
oil-ministers
oil-output
oil-prices
opec
opec-output
opec-production
peak-oil
petrobras
petroleum-exporting-countries
risk
saudi-arabia
taskforce
terrorism
united-states
vienna-austria
world-economy
