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Pressure for a cut in oil output at next week's Opec meeting in Vienna stepped up today when Iran’s Opec governor said an oil price of $100 per barrel was “appropriate” in current conditions. Mr Khatibi also reiterated...
Oil prices have dipped below $106 as traders predicted that rising US unemployment would lead to consumers cutting back on petrol use. US light, sweet crude fell as low as $105.16 a barrel before recovering to settle down...
Jonathan Prynn, Evening Standard The cost of crude has now lost more than 25% of its value since July. But in the same period, petrol prices have come down by only five per cent. AA spokesman Luke Bosdet said drivers were...
They like their football in the Gulf. The mercury may have been nudging 40C yesterday but on the beaches of Abu Dhabi the shrieks of youngsters playing in Arsenal shirts bearing the logo of Emirates airlines rose above the...
Story Published: Sep 5, 2008 at 9:37 AM PDT By DIRK LAMMERS, AP Business Writer SIOUX FALLS, S.D. (AP) - This week, the Republican Party in its national platform called for an end to ethanol mandates in just the latest...
