Tag Archives: Oil

Oil below $97 as traders eye Greek debt talks

Oil below $97 as traders eye Greek debt talksOil falls to below $97 in Europe as traders mull Greece debt, improving US jobs data By The Associated Press Oil prices fell below $97 a barrel Monday on worries that … Continue reading

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Oil near $97 as traders eye Greek debt talks (AP)

SINGAPORE ? Oil prices fell to near $97 a barrel Monday in Asia amid investor concerns about Greek debt talks. Benchmark crude for March delivery was down 53 cents at $97.31 a barrel at late afternoon Singapore time in electronic … Continue reading

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U.S. slaps sanctions on China state energy trader over Iran (Reuters)

WASHINGTON (Reuters) ? The United States on Thursday imposed sanctions on China’s state-run Zhuhai Zhenrong Corp, which it said was Iran’s largest supplier of refined petroleum products, as it sought to impress on Beijing and Tehran its resolve to increase … Continue reading

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Oil tumbles on reports of Iran sanction delay

NEW YORK (AP) ? Oil prices dropped below the $100-per-barrel mark Thursday for the first time this year on rumors that Europe will delay an embargo of Iranian oil. Benchmark crude plunged from $101a barrel to $99 in just eight … Continue reading

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Oil Leaks, Early Death a Fact of Life in Russia (ContributorNetwork)

According to a December 18 report by the Associated Press, environmentalists predict that 5 million tons of oil is spilled in Russia each year. With a half million tons every year flowing into tributaries of the Arctic Ocean, the world’s … Continue reading

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Oil falls below $93 after North Korean leader dies

SINGAPORE (AP) ? Oil slipped below $93 a barrel Monday in Asia as crude followed the region’s stock markets lower after North Korea announced the death of leader Kim Jong Il. Benchmark crude for January delivery was down 78 cents … Continue reading

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Oil above $94 in Asia on hopes of stronger US data (AP)

KUALA LUMPUR, Malaysia ? Oil prices climbed to near $95 a barrel Tuesday in Asia, buoyed by gains in the region’s stock markets and in anticipation of improved U.S. economic data. Benchmark crude for January delivery was up 95 cents … Continue reading

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Robert Redford: Congress and Keystone XL: A National Disgrace

The Congress is ending the year much as it began — playing politics with our nation’s future and putting American families at risk to score partisan points. In the closing act to a shameful year of paralysis and indecision on … Continue reading

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Oil price again flirting with $100 per barrel (AP)

NEW YORK ? Oil prices climbed to near $100 per barrel Tuesday following a series of positive reports about the U.S. economy. In midday trading benchmark crude rose 36 cents to $98.50 per barrel in New York. Crude jumped as … Continue reading

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Oil hits $100, first time since July

NEW YORK (AP) ? Oil prices have hit $100 per barrel for the first time in nearly four months. The price of benchmark West Texas Intermediate crude rose as high as $100.79 in electronic trading on Wednesday. Oil prices have … Continue reading

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