United Kingdom
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Friday, 5 September 2008
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| View All Articles About 'Oil' |
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| 1. |
Oil holds at $109 on demand concerns
Oil prices were little changed near $109 a barrel on Thursday as traders weighed concerns over slowing demand from major consumer countries against further hurricane threats to the U.S. oil sector.
04 Sep 2008 |
| 2. |
Oil falls below $108 on demand
Oil fell more than $2 to below $108 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.
03 Sep 2008 |
| 3. |
Oil tumbles below $109 as Gustav concerns recede
Oil plunged almost $3 a barrel on Tuesday to its lowest since mid-April, extending the previous day's rout on initial signs that a weakened Hurricane Gustav spared major Gulf oil facilities.
02 Sep 2008 |
| 4. |
Oil gains over $1 as Gustav shuts U.S. output
Oil prices rose more than $1 on Monday after energy firms in the U.S. Gulf shut down nearly all offshore oil output and a host of flood-prone coastal refineries ahead of Hurricane Gustav, the biggest threat since 2005's devastating Katrina.
01 Sep 2008 |
| 5. |
The Telegraph reports Russia may cut oil supply
The Daily Telegraph reported on Friday that the Russian government had told at least one of its oil companies to prepare for a possible cut in shipments to Europe in days in response to threatened sanctions, citing a single unidentified source. Forex traders in Asia cited the report as one reason for the dollar's decline against other currencies and the rise in U.S. oil prices which were up 1 percent or $1.16 at $116.75 a barrel. Oil traders said the approach of Tropical Storm Gustav towar...
29 Aug 2008 |
| 6. |
Oil above $118 on storm fears
Oil prices climbed for a fourth day on Thursday on worries a storm may gather force to become the worst threat to U.S. offshore production since 2005, while the euro rose on tough inflation talk from the European Central Bank.
28 Aug 2008 |
| 7. |
Oil rises for third day
Oil rose for a third day on Wednesday, boosted by the possibility that Tropical Storm Gustav could become the first major storm since 2005 to threaten Gulf of Mexico oil and gas installations.
27 Aug 2008 |
| 8. |
Oil steadies above $114 despite rising dollar
Oil steadied above $114 a barrel on Monday, pausing from previous session's 5.4 percent decline, despite a rising dollar and diminishing supply concerns as Tropical Storm Fay crossed over land.
25 Aug 2008 |
| 9. |
Oil firm above $121 on Russia tensions
Oil prices extended gains above $121 on Friday, a day after their biggest jump in 3 months, as a renewed slump in the U.S. dollar and mounting tension between the United States and Russia rekindled investor appetite.
22 Aug 2008 |
| 10. |
U.S. crude rises above $116 on geopolitics
Oil raced above $116 a barrel on Thursday, a third straight day of gains, on supply concerns after Russia expressed its displeasure over a U.S.-Poland defence pact.
21 Aug 2008 |
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