BERLIN (Reuters) – Euro zone inflation is above target mainly because of high oil prices but the European Central Bank must remain vigilant that this does not translate into higher inflation expectations among citizens, Bundesbank President Jens Weidmann was quoted as saying. Weidmann, who sits on the ECB’s 23-member Governing Council, said there was...
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Oil not second round price effects driving inflation: Weidmann
House votes again to approve Keystone XL pipeline
pa href=”http://news.yahoo.com/white-house-renews-veto-threat-over-keystone-001355854–finance.html”img src=”http://l.yimg.com/bt/api/res/1.2/IZgivL0NOwVVoy.q31BdHQ–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-18T202621Z_2_CBRE83H1ARO00_RTROPTP_2_KEYSTONE-DECISION.JPG” width=”130″ height=”86″ alt=”Handout photograph shows the Keystone Oil Pipeline is pictured under construction in North Dakota” align=”left” title=”Handout photograph shows the Keystone Oil Pipeline is pictured under construction in North Dakota” border=”0″ //aWASHINGTON (Reuters) – The U.S. House of Representatives voted on Wednesday in favor of speeding up the Keystone XL...
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Oil climbs above $102
U.S. oil prices rose on positive signs for the economy and energy demand.
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Oil falls as Chinese data fuels demand worry
pa href=”http://news.yahoo.com/brent-steady-above-122-ahead-china-data-023406406.html”img src=”http://l.yimg.com/bt/api/res/1.2/Aat68rC7BhwvEU.zw5wgIw–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-10T184728Z_4_CBRE8380Y0P00_RTROPTP_2_CBUSINESS-US-MARKETS-OIL.JPG” width=”130″ height=”86″ alt=”Gas prices are shown at a gas station in Beverly Hills” align=”left” title=”Gas prices are shown at a gas station in Beverly Hills” border=”0″ //aNEW YORK (Reuters) – Oil suffered its biggest one-day percentage loss of the year on Tuesday, hitting a seven-week low as concerns about a potential...
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Oil prices drift lower in muted trade
pa href=”http://news.yahoo.com/oil-prices-drift-lower-muted-trade-114724182.html”img src=”http://l.yimg.com/bt/api/res/1.2/jjPaTU0SMee1phIux6_icQ–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/000_DV1063314.jpg” width=”130″ height=”86″ alt=”New York’s main contract, West Texas Intermediate crude for delivery in May, dropped 58 cents to $102.44 a barrel” align=”left” title=”New York’s main contract, West Texas Intermediate crude for delivery in May, dropped 58 cents to $102.44 a barrel” border=”0″ //aWorld oil prices sank on Monday, continuing the previous...
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Oil hovers above $107 on Bernanke comments, Iran
Oil prices hovered above $107 a barrel Tuesday after Federal Reserve Chairman Ben Bernanke suggested that the U.S. central bank would continue its policy of low interest rates to help spur job creation and economic growth.
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Oil prices climb above $108 per barrel
Oil prices rose above $108 per barrel as optimism grows about a strengthening global economy.
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Brent crude falls towards $125 as China data spur demand worry
pa href=”http://news.yahoo.com/brent-crude-falls-towards-125-china-data-spur-032818410.html”img src=”http://l.yimg.com/bt/api/res/1.2/EAd_SG0Weh8IiN3oni9GMg–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-03-12T032818Z_1_CBRE82B09NT00_RTROPTP_2_BELARUS.JPG” width=”130″ height=”86″ alt=”Gas fired power station is seen on the outskirts of Minsk” align=”left” title=”Gas fired power station is seen on the outskirts of Minsk” border=”0″ //aSINGAPORE (Reuters) – Oil fell on Monday for the first time in four sessions, with Brent slipping towards $125 as global demand concerns took centerstage...
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Oil rises to near $107 ahead of key US jobs report
pa href=”http://news.yahoo.com/oil-rises-near-107-ahead-key-us-jobs-035952697.html”img src=”http://l.yimg.com/bt/api/res/1.2/ND1BSc8p8HQlpyVGbkPWtQ–/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/ef8930bed80e4d06090f6a70670061a6.jpg” width=”130″ height=”86″ alt=”Women protesters pelt with tomatoes a passing fuel hauler to protest another round of oil price increase announced Thursday March 8, 2012 on International Women’s Day in Manila, Philippines. (AP Photo/Bullit Marquez)” align=”left” title=”Women protesters pelt with tomatoes a passing fuel hauler to protest another round of oil price...
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Oil rises above $105 amid improving US economy
Oil prices rose above $105 a barrel Wednesday in Asia amid expectations that an improving U.S. economy will eventually boost crude demand.
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Judge: BP, Plaintiffs Reach Gulf Oil Spill Deal
A federal judge said that as a result of the settlement that will be filed with the court for approval, the trial that was scheduled to begin Monday has been postponed for a second time. The specific terms have not been released. » E-Mail This » Add to Del.icio.us
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Oil near $109 as US economy improves, Iran simmers (AP)
AP – Oil prices hovered below $109 a barrel Friday in Asia as U.S. economic indicators continued to improve and tensions simmered over Iran’s nuclear program.
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