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Article: News Analysis: Global oil prices surge to top agenda of G-8 summit
- Article from:
- Xinhua News Agency
- Article date:
- July 6, 2008
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Copyright informationCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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News Analysis: Global oil prices surge to top agenda of G-8
summit
BEIJING, July 6 (Xinhua) -- Crude futures edged up to a record
high above 145 U.S. dollars a barrel in New York Thursday, three
days ahead of the Group of Eight (G-8) summit at which the issues of
accelerating inflation and the slowing global economy are expected
to grab the spotlight.
Light, sweet crude for August delivery rose 1.72 dollars to hit a
new record of 145.29 dollars a barrel on the New York Mercantile
Exchange. In early morning electronic trading, oil hit an all-time
peak of 145.85 dollars a barrel.
The rally was believed to have been driven by a reported bigger-
than-expected drop in U.S. crude stockpiles and ...
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Article: INDONESIAN PRESIDENT HINTS FUEL OIL PRICES WILL BE RAISED SOON.
AsiaPulse News;
May 6, 2008 ;
201 words
......soon raise subsidized fuel prices and provide compensation...stage of raising fuel oil prices. We are still considering...everything before raising the fuel prices, President Yudhoyono...prices of subsidized oil prices were raised. We hope...
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