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Oil Prices
Oil Prices Drop More Than $1 A Barrel
Oil prices fluctuated amid speculation that OPEC will increase production during its meeting this week. A new US intelligence report concluding that Iran halted its nuclear weapons program in 2003 limited how much prices rose.Read more : CBS News Business: 05.12.2007 05:00:00
Oil Prices Drop Again
Crude falls ahead of OPEC's meeting.Read more : TheStreet Energy: 05.12.2007 05:17:00
Gauging Demand
What goes up must come down -- and maybe back up again, in the case of oil prices. OPEC's decision tomorrow will certainly be a factor.Read more : Wall Street Journal The Evening Wrap: 05.12.2007 05:55:00
Japan Moves to Address High Oil Prices
Japan's economy minister is aiming to put together a package of measures next week to address the effects of high oil prices.Read more : Wall Street Journal Whats News Asia: 05.12.2007 06:12:00
The Pour: Drink and Be Merry: Wine Prices to Rise
The price of oil has shot up, and the dollar has plunged to new lows. For lovers of European wines in particular, it's a recipe for skyrocketing prices.Read more : NYT Dining & Wine: 05.12.2007 10:21:00
Worries About Earnings Hit Stocks
The Dow industrials declined 65.84 points to 13248.73 as investors worried that the credit squeeze is likely to take another large bite out of the earnings of Wall Street brokerages. Oil prices fell ahead of a key OPEC meeting.Read more : Wall Street Journal Markets: 05.12.2007 10:30:00
MoneyWatch
Alexis Christoforous reports on Citigroup's slashed profit estimates; oil prices plunge, but will they trickle down to the pump? And Disney may be headed to mainland China.Read more : CBS News News Video: 05.12.2007 10:45:00
Shares Slip Further on Fear of Bank Debt
Retreating oil prices and signs of strength in industries outside the financial sector could not keep the stock market from declining for a second day Tuesday.Read more : NYT Business: 05.12.2007 12:43:00
2 Airlines to Cut Back Plans for Increases in Capacity
Delta Air Lines and Southwest Airlines will scale back seating-capacity plans for next year on mounting concern over high oil prices and a weakening United States economy.Read more : NYT Business: 05.12.2007 12:56:00
OPEC To Drive Wednesday Trading
With oil prices sliding, the oil cartel's meeting will be major news.Read more : Forbes Video Network: 05.12.2007 15:50:00
Why the Hot Money's on Cheaper Oil
After months of betting on an increase in oil prices, some speculators now see a new downward trendRead more : BusinessWeek Top News: 05.12.2007 16:01:00
Opec keeps oil output unchanged
Oil prices rise as producers' cartel Opec agrees to keep output steady at a meeting in Abu Dhabi.Read more : BBC News Business World Edition: 05.12.2007 21:24:00
Offshore Drillers' Shares Sink
Investors sold the sector amid a dip in oil prices ahead of OPEC's meeting Wednesday.Read more : Forbes Most emailed stories: 05.12.2007 00:00:00
Oil Prices Hit $90 On OPEC Inaction
The oil cartel is leaving its output unchanged, saying there's enough oil available on the market and there's no reason for the price to hit $100 a barrel. However, there's concern about speculation driving up prices.Read more : CBS News Business: 05.12.2007 23:30:00
Opec rules out increase in output
Oil prices fall after producers' cartel Opec agrees to keep output steady at a meeting in Abu Dhabi.Read more : BBC News Business World Edition: 06.12.2007 04:58:00
News Analysis: OPEC Finds Price Range to Live With
After a one-day meeting in Abu Dhabi, OPEC cemented the impression that it wanted to keep oil prices at levels that would have been unthinkable a few years ago, leaving its output goal unchanged.Read more : New York Times Business News: 06.12.2007 06:07:00
Q&A: What will OPEC's latest action mean to oil, gas prices?
The OPEC oil cartel decided yesterday not to raise its official output targets, saying, in effect, that world supplies of oil were sufficient, despite prices that came within 61 cents of $100 a barrel on Nov. 21.Read more : Newsday Business News: 06.12.2007 06:24:00