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+ Follow MICHAEL DAVIES Tag
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                    [ArticleID] => 13091
                    [Title] => Oil prices retreat on demand fears
                    [Summary] => 
            
                    [DatePublished] => 2007-08-15 01:16:00
                    [ColumnID] => 133272
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                    [ArticleID] => 11893
                    [Title] => Oil prices slide on prospects of weaker energy demand
                    [Summary] => 

LONDON (AFP) - World oil prices extended losses yesterday, falling below 70 dollars a barrel in London for the first time since June, on worries that energy demand may weaken amid US economic woes, analysts said.

Brent North Sea crude for September delivery fell to 69.30 dollars per barrel, the lowest level since June 13.

It later stood at 69.65 dollars per barrel, down 1.34 dollars.

New York's main futures contract, light sweet crude for delivery in September, shed 1.23 dollars to 70.92 dollars per barrel.
[DatePublished] => 2007-08-10 00:14:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [2] => Array ( [ArticleID] => 11446 [Title] => Oil prices weaker as speculators exit on weak US growth concerns [Summary] => [DatePublished] => 2007-08-08 12:45:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [3] => Array ( [ArticleID] => 11208 [Title] => Oil prices tumble two dollars [Summary] =>

LONDON (AFP) - World oil prices fell by two dollars yesterday on expectations that energy demand may weaken because of economic troubles in the United States, analysts said.

New York's main futures contract, light sweet crude for delivery in September, slumped by 2.03 dollars to 73.45 dollars per barrel.

The contract had soared to a historic high of 78.77 dollars last Wednesday on news of sliding crude stockpiles in the United States, the world's biggest consumer of energy.
[DatePublished] => 2007-08-07 00:12:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [4] => Array ( [ArticleID] => 9830 [Title] => Oil prices weaker in Asian trade ahead of US energy report [Summary] => [DatePublished] => 2007-08-01 10:48:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 9817 [Title] => New York crude hits 12-month high above 78 dollars [Summary] =>

LONDON (AFP) - The price of crude oil surged in New York yesterday to the highest level in more than a year, supported by market expectations that US energy stockpiles have fallen further, dealers said.

New York's main futures contract, light sweet crude for delivery in September, touched 78.24 dollars -- which was last seen July 13, 2006, the same day that it hit a record high of 78.40 dollars.

The US contract later stood at 78.20 dollars, up 1.37 dollars from Monday's close.
[DatePublished] => 2007-08-01 01:15:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [6] => Array ( [ArticleID] => 9598 [Title] => Oil prices slip, but remain above 76 dollars [Summary] => [DatePublished] => 2007-07-31 00:52:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [7] => Array ( [ArticleID] => 8062 [Title] => Oil prices slide further in Asian trade [Summary] => [DatePublished] => 2007-07-24 12:09:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [8] => Array ( [ArticleID] => 8046 [Title] => Oil prices retreat amid OPEC output hint [Summary] => [DatePublished] => 2007-07-24 01:54:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [9] => Array ( [ArticleID] => 7126 [Title] => New York crude hits 11-month high near 76 dollars [Summary] => [DatePublished] => 2007-07-20 00:49:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )

MICHAEL DAVIES
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                    [ArticleID] => 13091
                    [Title] => Oil prices retreat on demand fears
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                    [ArticleID] => 11893
                    [Title] => Oil prices slide on prospects of weaker energy demand
                    [Summary] => 

LONDON (AFP) - World oil prices extended losses yesterday, falling below 70 dollars a barrel in London for the first time since June, on worries that energy demand may weaken amid US economic woes, analysts said.

Brent North Sea crude for September delivery fell to 69.30 dollars per barrel, the lowest level since June 13.

It later stood at 69.65 dollars per barrel, down 1.34 dollars.

New York's main futures contract, light sweet crude for delivery in September, shed 1.23 dollars to 70.92 dollars per barrel.
[DatePublished] => 2007-08-10 00:14:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [2] => Array ( [ArticleID] => 11446 [Title] => Oil prices weaker as speculators exit on weak US growth concerns [Summary] => [DatePublished] => 2007-08-08 12:45:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [3] => Array ( [ArticleID] => 11208 [Title] => Oil prices tumble two dollars [Summary] =>

LONDON (AFP) - World oil prices fell by two dollars yesterday on expectations that energy demand may weaken because of economic troubles in the United States, analysts said.

New York's main futures contract, light sweet crude for delivery in September, slumped by 2.03 dollars to 73.45 dollars per barrel.

The contract had soared to a historic high of 78.77 dollars last Wednesday on news of sliding crude stockpiles in the United States, the world's biggest consumer of energy.
[DatePublished] => 2007-08-07 00:12:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [4] => Array ( [ArticleID] => 9830 [Title] => Oil prices weaker in Asian trade ahead of US energy report [Summary] => [DatePublished] => 2007-08-01 10:48:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [5] => Array ( [ArticleID] => 9817 [Title] => New York crude hits 12-month high above 78 dollars [Summary] =>

LONDON (AFP) - The price of crude oil surged in New York yesterday to the highest level in more than a year, supported by market expectations that US energy stockpiles have fallen further, dealers said.

New York's main futures contract, light sweet crude for delivery in September, touched 78.24 dollars -- which was last seen July 13, 2006, the same day that it hit a record high of 78.40 dollars.

The US contract later stood at 78.20 dollars, up 1.37 dollars from Monday's close.
[DatePublished] => 2007-08-01 01:15:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [6] => Array ( [ArticleID] => 9598 [Title] => Oil prices slip, but remain above 76 dollars [Summary] => [DatePublished] => 2007-07-31 00:52:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [7] => Array ( [ArticleID] => 8062 [Title] => Oil prices slide further in Asian trade [Summary] => [DatePublished] => 2007-07-24 12:09:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [8] => Array ( [ArticleID] => 8046 [Title] => Oil prices retreat amid OPEC output hint [Summary] => [DatePublished] => 2007-07-24 01:54:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [9] => Array ( [ArticleID] => 7126 [Title] => New York crude hits 11-month high near 76 dollars [Summary] => [DatePublished] => 2007-07-20 00:49:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )

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