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If oil prices continue to reproduce the global economy may be recession again

February 25th, 2011

According to Voice of the economy, "Financial World" report, the U.S. crude oil (97.12, -0.16, -0.16%), the sixth consecutive week of rising inventories and news that Saudi Arabia consider increasing output, the market fears a shortage of supply of crude oil has eased a few hours before the close of the New York market, oil prices fell slightly, but the London market, oil prices continue to rise Read More...

The stronger dollar cause internet oil prices fell slightly

November 28th, 2010

 Affected by the stronger dollar, 26 international oil prices fell slightly. The debt market for the euro area led to increased concerns about the main reason for the dollar strengthened. Agreed to accept relief in Ireland, investors worried about Portugal or Spain will be the next debt crisis in need of help because the euro-zone countries, thus contributing to a stronger U Read More...

OPEC oil prices fell for the third consecutive week

September 2nd, 2010

Organization of Petroleum Exporting Countries (OPEC) Secretariat published data 30, OPEC crudes average price last week fell to 70.88 U.S. dollars a barrel for the third straight week of decline. Although last Wednesday, the OPEC oil price rebound, but the first two days of decline in oil prices, dragging down oil prices continue to decline OPEC week Read More...

International oil prices rose nearly 3% in a single day

July 9th, 2010

EST Wednesday, oil prices ended six consecutive days of decline, there is approximately 3% of the rally, closing the day up to 74.07 U.S. dollars / barrel position. In yesterday's e-session slightly up international oil prices continue, reported 74.85 U.S. dollars at 18:00 GMT / barrel. International oil prices rose sharply in the U Read More...

Development and Reform Commission officials explained that the causes of grain and oil prices

December 13th, 2009

People's Network December 13 hearing, "the near term, oil prices, causing panic among many people. I saw an old lady-day 8-day run to the supermarket, bought eight barrels of oil barrels. It is not necessary." Yesterday, National Grain and Oils Information Center, a responsible person Shang-Qiang people, held in Wuhan, "China's Food Industry Development Forum" that position Read More...