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4 Votes vote

OPEC oil price falls below 45 dollars for the first time since 2005

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to 44.06 dollars Thursday, the first time it went below 45 dollars since May 2005. One barrel (159 litres) of OPEC crude cost 1.83 dollars ... ...

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The Eart...ewspaper — Yesterday

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[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.. ...

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The Energy Blog — Before yesterday

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OPEC oil price 1.13 dollars lower on Monday

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 1.13 dollars Monday, as the cartel made a further downward revision in its demand outlook for 2009. One barrel (159 litres) of OPEC crud... ...

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The Eart...ewspaper — 4 days ago

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OPEC lowers 2009 oil demand forecast for third month in a row

Vienna - The Organization of the Petroleum Exporting Countries (OPEC) on Monday lowered its estimate for global oil demand growth in 2009 for the third straight month, citing the downturn of highly industrialized economies. In its latest monthly oil ... ...

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The Eart...ewspaper — 5 days ago

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