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March, Sunday



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News // Markets & Stocks

Oil prices fell towards $83 after US inventories results

Oil fell towards $83 after soaring U.S. inventories signalled demand in the world's top energy user is lagging the recovery in the global economy.

22 April 2010 , 08:47Reuters10970

Goldman Sachs and Icelandic volcano hit oil prices

Oil prices fell again Monday on worries that fraud charges against Goldman Sachs could prompt a retreat from energy commodities to more safe-haven investments.

20 April 2010 , 10:33The Star11320

Oil prices sharply fall

Oil prices fell sharply on Friday, dampened by an unexpected fall in a US consumer sentiment and fraud charges slapped on top Wall Street investment firm Goldman Sachs.

19 April 2010 , 10:22AAP8050

Oil demand statistics from International Energy Agency exceeded previous forecasts

Global oil demand will rise by 1.67 million barrels per day (bpd) in 2010, 100,000 bpd more than previously forecast, the International Energy Agency (IEA) said on Tuesday.

14 April 2010 , 08:54Reuters10300

Oil price down but gold is up

Oil prices fell on Friday for a third day, dropping below $US85 a barrel as traders questioned whether Americans were burning enough fuel to justify higher prices.

12 April 2010 , 08:59Tradingroom11960

European markets hardly hit by new doubts on Greece debts

European financial markets have been hit by renewed fears over the state of Greece's debt-ridden economy.

09 April 2010 , 09:51BBC News13640

Oil prices decline sharply as US dollar strengthens and crude inventories rise

Oil declined for a second day on Thursday to trade below $86 as a stronger dollar and soaring U.S. crude stockpiles took the steam out of the year's sharpest rally so far.

08 April 2010 , 08:52Reuters10590

Why global oil prices are rising?

Here's a mystery for you. The price of oil has more than doubled over the past 15 months. It rose during the darkest days of the recession and Monday continued its seemingly inevitable climb to US$90 a barrel. But why?

06 April 2010 , 09:36Ian McGuganFinancial Post9530

15-Month high for Russian Ruble stimulated by oil prices

The ruble hit a 15-month high against a dollar/euro basket on Monday, with high oil prices expected to fuel further gains before the end of the week and boost the case for more cuts in interest rate.

06 April 2010 , 08:32Reuters13500

Positive US job market news boost oil prices

Oil prices jumped to near $86 a barrel Monday in Asia, extending gains from last week as investors bet an improving U.S. job market will herald growing crude demand.

05 April 2010 , 13:57Alex KennedyAssociated Press8110

18 months highest oil prices for Easter

Oil hit an 18-month high on Thursday, breaking up above previous trading ranges and drawing in fresh inflows from investors at the start of the new quarter.

02 April 2010 , 08:32Reuters9680

Weak US dollar boosts oil prices

Oil prices surged near 17-month highs on Monday, boosted by a weakened US dollar.

01 April 2010 , 09:25Bigpondnews10820

Moscow's bombing metro didn't affect Russian financial markets

Stock markets rose the most in two weeks and the ruble treaded water on Monday after two terrorist attacks in the Moscow metro killed at least 38 people, the biggest attack since 2004.

30 March 2010 , 08:37Irina FilatovaThe Moscow Times12300

Economy recovery optimism boosts oil price

Crude oil traded near $82 a barrel in New York after rising on optimism fuel demand will increase amid improved prospects for an economic recovery in the U.S., the world’s biggest energy consumer.

23 March 2010 , 09:00Sharples, Ann KohBloomberg30100

Oil prices climbed to almost $83 a barrel

Oil prices settled near US$83 a barrel Wednesday after crude inventories grew less than expected last week, and the stock market rose on the Fed's promise to keep interest rates at record lows.

18 March 2010 , 09:28The Star10870

6% rise planned for Russian oil export duty

Oil and gas markets experts believe Russia will raise its export duty on crude by 6 percent to $268.90 per ton.

17 March 2010 , 08:38Gazeta.kz12570

Russia may raise oil export duty on its Urals blend to adapt prices to global oil markets

Russia may raise oil export duty on its Urals blend from the current $253.6 to $268.9 per metric ton from March 1, following trends on global oil markets, a Finance Ministry official said.

16 March 2010 , 08:55RIA Novosti18060

Actual cheap natural gas prices and economic recovery could bring a price recovery soon

The world is currently awash in cheap natural gas but low prices and an economic recovery could spur a price recovery in the not too distant future.

10 March 2010 , 09:25Reuters9810

Vitol oil leading trader stopped dealing with Iran

The largest oil trader in the world, Vitol, said Monday it had stopped dealing with Iran.

09 March 2010 , 09:44AFP13510

Slight increase in commodity and energy prices as a consequence of a weak dollar

Grains, metals and energy all rose slightly Wednesday after the dollar fell against other currencies.

04 March 2010 , 10:37Stephen BernardAssociated Press9060

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