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MICHAEL LYNCH

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abtest

Oil falls on fresh signs of global slowdown

June 2, 2012 - 2:07am

Oil prices plunged as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy.

Oil prices should fall with Gadhafi overthrow

August 22, 2011 - 10:51am

Oil prices around the world should start falling if Libyan rebels succeed in toppling Moammar Gadhafi's regime, though the full effect won't be felt for months.

Oil eases to $88 per barrel as Saudis hint at raising supply

January 26, 2011 - 12:00am

BANGKOK — Oil prices hung below $88 a barrel yesterday in Asia, extending losses after the Saudi oil minister hinted the world’s biggest oil producer may raise supplies to put the brakes on higher oil...

Business

Oil extends fall as Saudi oil minister hints at raising supply

January 25, 2011 - 2:21pm

Oil prices hung below $88 a barrel Tuesday in Asia, extending losses after the Saudi oil minister hinted the world's biggest oil producer may raise supplies to put the brakes on higher oil prices.

Oil prices slide on fresh global economic concerns

November 17, 2010 - 1:49pm

Oil prices fell again as investors took profits amid renewed concerns about the global economy. A three-day decline has erased most of the gains for the month of November.

Oil rises to new high for 2009

June 5, 2009 - 3:12am

NEW YORK (AP) – Oil prices yesterday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment numbers since January.

Energy prices tumble to end the week

March 28, 2009 - 4:01am

NEW YORK (AP) – Crude prices fell sharply to end the week and natural gas tumbled to seven-year lows due to a severe drop off in energy spending by industrial customers.

Oil hits year-high of $51.61 as dollar plunges

March 21, 2009 - 12:00am

A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday. “I think we’ll see higher oil prices for a while,” said Michael...

Business

Oil at $45 may have struck bottom

March 9, 2009 - 12:00am

NEW YORK (AP) – Every day this week arrived with more evidence that energy usage is unlikely to bounce back soon, yet some experts believe oil prices may already have struck bottom.

Business

Oil prices ease by more than $10/bbl

July 18, 2008 - 12:00am

Business