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Middle East Online Oil price surges to record 127.43 dollars LONDON - The price of oil rocketed to a record high point of 127.43 dollars per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump more crude, analysts said. | New ... (photo: WN / Janice Sabnal) Bush Oil Photos Saudi US |
International Herald Tribune Oil rallies to new high near $128 | : Oil shot to a record high near $128 on Friday after Goldman Sachs, the most active investment bank in energy markets, raised sharply its forecast for prices. | U.S. crude hit a peak of $127.82 and... (photo: WN/Marzena Bozek) Energy Investment Markets Oil Photos |
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Independent online Nigeria pipeline burns for second day | Lagos - Nigerian firefighters battled on Friday to put out flames pouring from a burst oil pipeline a day after a huge explosion that Red Cross officials said killed 10... (photo: AP Photo) Africa Lagos Nigeria Oil Photos |
The Independent Shell's support for carbon capture plant raises hopes for emissions cuts | Royal Dutch Shell has agreed to invest in one of the largest carbon capture and storage (CCS) projects in the world. | The oil major's decision yesterday to co-sponsor ... (photo: WN/Marzena Bozek) Dutch Emissions Photos Projects Shell |
International Herald Tribune Asian stocks gain | : Asian stocks rose cautiously on Friday as the dollar steadied against the yen and oil prices hovered below record highs, offering a rare lull in the market's gyration... (photo: AP Photo/Ahn Young-joon) Asia Business Market Photos Stock |
The Times Of India OPEC trims estimate for global oil demand | LONDON: The Organisation of the Petroleum Exporting Countries (Opec) on Thursday trimmed its forecast for global growth in oil demand in 2008, the latest ... (photo: AP Photo) Market OPEC Oil Photos US |
Turkish Press Oil prices higher in Asian trade | A Manila petrol station. World oil prices rose in Asian trade Friday amid tight global supplies and as investors continued to buy into the commodity which has given bet... (photo: WN / Renzelle Mae Abasolo) Asian Manila Oil Photos Prices |
BBC News Lagos pipeline blast 'kills 100' | At least 100 people have been killed in an oil pipeline explosion in Nigeria's commercial capital Lagos, the local Red Cross says. | The explosion tore through the Ijeg... (photo: AP / ) Explosion Lagos Nigeria Photos Slideshow Victims |
International Herald Tribune OPEC, again, trims forecast for global growth in oil demand | : OPEC on Thursday trimmed its forecast for global growth in oil demand in 2008 for the second time this year, in the latest sign that record oil prices were slowing co... (photo: WN) Energy Oil Opec Photo |