Pablo Gorondi

Oil rises above $58 on heating oil, gas futures

By DIRK LAMMERS AP Energy Writer SIOUX FALLS, S.D. (AP) - Oil prices rose above $58 Monday as cold weather heading into the East drove up heating oil and natural gas futures and a government report showed a surprise jump in...

Oil prices below $56 a barrel

SIOUX FALLS, S.D. (AP) _ Oil prices plunged below $56 a barrel Wednesday as awful numbers from retailers and a dismal outlook from automakers lent yet more evidence that the U.S. and the rest of the globe will slash its energy...

Gas prices continue falling, and drivers hold tight to savings

Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and approaching $1.50 at some service stations.While consumers, worried about a weak job market and slumping...

Foreign-currency mortgages stress E. Europeans

By PABLO GORONDI Associated Press Writer BUDAPEST, Hungary (AP) - He's now paying a rising price as Hungary's forint _ the currency he gets paid in _ loses value during the global financial crisis. The Swiss franc was at 177...

Oil back under US$61 after 2-day plunge

Pablo Gorondi, The Associated Press Oil prices seesawed Friday after a report showed 240,000 U.S. jobs were slashed in October, driving the unemployment rate to a 14-year high and suggesting that both businesses and consumers...

Oil trades under $61 after 2-day plunge on fears US recession worse than expected

Oil prices seesawed Friday after a report showed 240,000 U.S. jobs were slashed in October, driving the unemployment rate to a 14-year high and suggesting that both businesses and consumers will cut back even more on energy use.

Oil back under $61 after 2-day plunge

Oil prices seesawed Friday after a report showed 240,000 U.S. jobs were slashed in October, driving the unemployment rate to a 14-year high and suggesting that both businesses and consumers will cut back even more on energy use.

Barrel near $62 after 2-day plunge

By PABLO GORONDI | Associated Press Writer Oil prices rose above $62 a barrel Friday after two days of losses, helped by a slumping U.S. dollar but limited by mounting evidence of a severe U.S. recession and global downturn....

Oil steady at $61 after 2-day plunge

By ALEX KENNEDY Associated Press Writer SINGAPORE -- Oil prices were steady near $61 a barrel Friday in Asia, pausing after a two-day plunge, but vulnerable to another steep fall as evidence of a severe U.S. recession continues...

Hungary to get $25.1 billion in IMF-led aid deal (AP)

Wednesday October 29, 2:15 pm ET By Pablo Gorondi, Associated Press Writer Hungary to get $25.1 billion rescue package from IMF, EU, World Bank BUDAPEST, Hungary (AP) -- The IMF will provide a 17-month standby loan of $15.7...

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