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Oil slips to $102 as US crude supplies seen rising

Oil-price-slips

The price of oil fell 2 percent to settle just above $102 a barrel Tuesday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.

Posted: April 23rd, 2014 in Latest Business Stories,Photos & Videos | Read More »

Oil prices down in quiet Asian trade

INQUIRER FILE PHOTO

Oil prices were down in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said.

Posted: April 21st, 2014 in Latest Business Stories | Read More »

Total says makes ‘very promising’ oil find off Ivory Coast

Ivory Coast

French energy giant Total on Thursday announced it had discovered oil in deep waters off the coast of Ivory Coast, constituting a “very promising result” after the first such find.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

Oil prices mixed in Asian trade

FILE PHOTO

Oil prices were mixed in subdued Asian trade Friday as dealers stood on the sidelines bracing for the release of a key US jobs report, analysts said.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

Oil prices mixed in Asia trade

FILE PHOTO

Oil prices were mixed in Asian trade Friday after posting solid gains in New York on optimism over US economic growth and concerns about supply disruptions in Nigeria.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

Oil prices ease in Asian trade

INQUIRER FILE PHOTO

Oil prices fell in Asian trade Wednesday ahead of the weekly US stockpiles report that will give an indication of demand in the world’s biggest economy.

Posted: March 12th, 2014 in Latest Business Stories | Read More »

Diesel, kerosene prices to go down, gasoline prices to go up this week

By
AFP FILE PHOTO

Diesel and kerosene prices are being rolled back at pump stations this week starting Tuesday (March 11) but gasoline prices will increase slightly.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

Russia foray into Ukraine sinks global stocks

A view of a board listing foreign currency rates against the Russian ruble just outside an exchange office in central Moscow on March 3, 2014. Global stocks slumped and gold and oil prices soared Monday as Russia's sending of troops to Ukraine's Crimea sparked a backlash and threats of reprisal from leading Western powers.  AFP

Global stocks slumped and gold and oil prices soared Monday as Russia’s sending of troops to Ukraine’s Crimea sparked a backlash and threats of reprisal from leading Western powers.

Posted: March 4th, 2014 in Latest Business Stories | Read More »

Oil prices surge as Ukraine mobilizes army

AP FILE PHOTO

Oil prices surged in Asian trade Monday as Ukraine’s Western-backed government mobilized the army with Russia poised to invade.

Posted: March 3rd, 2014 in Latest Business Stories | Read More »

Oil prices down in Asian trade

AP FILE PHOTO

Oil prices fell further in Asian trade Friday owing to concerns over soft US economic data and the unfolding crisis in Ukraine.

Posted: February 28th, 2014 in Latest Business Stories | Read More »

UAE delegation eyes PH for investment opportunities

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UAE

United Arab Emirates (UAE), one of the world’s wealthiest countries, is looking for investment opportunities in the Philippines and has also invited Filipino businessmen to come to UAE to look at opportunities there.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

Oil rebounds after G20 vows to spur global growth

AP FILE PHOTO

Oil prices rebounded in Asian trade Monday as the world’s biggest economies vowed to spur global growth by more than $2 trillion over five years.

Posted: February 24th, 2014 in Latest Business Stories | Read More »

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