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£120
Oil prices rise as OPEC cuts production
Oil prices rose Wednesday in Asia after OPEC said it would cut more than 500,000 barrels a day of production that exceed its self-imposed output quotas. Light, sweet crude for October delivery rose 77 cents to $104.03 a barrel in electronic...
SKorea bank ends talks with Lehman Brothers
Seoul - South Korea's state-run Korea Development Bank announced Wednesday it had abandoned negotiations about buying a stake in troubled US investment bank Lehman Brothers. Korea Development Bank (KDB) has stopped negotiations with Lehman...
Oil prices slide ahead of Opec output decision
LONDON, Sept 9: Oil prices slumped close to $101 a barrel on Tuesday, their lowest reading since the start of April, with Opec set to hold output at current levels.Brent North Sea crude for delivery in October dropped as low as $101.27 a barrel.
Oil price rises after OPEC cuts output
Oil prices rose today after OPEC said it would cut more than 500,000 barrels a day of production that exceed its self-imposed output quotas. Light, sweet crude for October delivery rose 49 cents to US$103.75 a barrel in electronic trading on the...
Oil rebounds above $100 on Opec claims
Oil has rebounded back above the $100 a barrel mark after the president of the Opec producers' group called on members to stop producing more than their quotas. In a statement, Opec admitted that a weakening in global demand for oil has created a...
China's August crude oil imports up 11.7% on yr
BEIJING - China' crude oil imports rose 11.7 per cent from a year earlier to 15.68 million tonnes in August, or 3.69 million barrels per day, Reuters Last month's imports were stronger than the 3.25 million bpd bought in July, when imports showed...
OIL DATA: China Jan-Aug Crude Oil Imports 120 Million Ton...
BEIJING -(Dow Jones)- China's crude oil imports rose 8.7% on year in the January-August period to 120 million metric tons, preliminary data from the General Administration of Customs showed Wednesday.
Oil rises in Asia after Opec vows to lower output
Picture by: BLOOMBERG Related articles Oil prices rose more than $1 on Monday after energy firms in the US Gulf shut down nearly all offshore oil output and a host of flood-prone coastal. Gold advanced on Monday to track crude oil, which rose...
SKorea bank ends talks with Lehman: official
SEOUL (AFP) - State-run Korea Development Bank (KDB) has abandoned negotiations about buying a stake in troubled US investment bank Lehman Brothers, a financial regulator said Wednesday. It is now concentrating its attention on privatisation after...
Oil rebounds above $100 as Opec seeks to end overproduction
By Telegraph staff Oil has rebounded back above the $100 a barrel mark after the president of the Opec producers' group called on members to stop producing more than their quotas. In a statement, Opec admitted that a weakening in global demand for...