Slovnaft drops petrol prices
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Slovakia's largest crude oil refinery Slovnaft Bratislava is decreasing the price of petrol by SKK 1 per liter and the diesel price by 40 hallers per liter in its petrol station network by as from Thursday.
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Gas prices dropped a cent at the pump overnight, following a futures market that has plunged more than 25 cents a gallon over five days on news of growing inventories and refineries returning to service.
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Oil prices fell again Thursday as worries over supply disruptions eased. New York light sweet crude ended the day just over $43, and OPEC president Purnomo Yusgiantoro said the cartel hoped
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The crude oil price, based on the average price package of seven market-monitored crudes, fell to 38.89 dollars a barrel last week, down 2.46 dollars of the price in the previous
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NEW YORK, December 2  - Crude oil prices declined for the third consecutive day today, reaching their lowest levels in 11weeks, on news of rising US fuel inventories and a less severe winter in various parts of the country.
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The cost of a barrel of oil in London has dipped below $40 as energy prices have continued to slide. The price of Brent crude in London fell to a three-week low of $39.
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LONDON - Oil prices have fallen after forecasts of mild US weather prompted traders to take profits from a rally that has added over 30 per cent to the cost of crude this year.
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It was the first fall in overall import prices, or in the cost of imported petroleum, since January.
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NEW YORK - Oil prices fell for the fifth day in a row on Thursday after word of a peace deal in the embattled Iraqi city of Najaf raised hopes of more reliable oil shipments from the energy-rich country and encouraged a run of profit-taking by big money
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Oil prices dipped on Thursday after  leaping to a lifetime high of $100 the day before amid a  new-year rush of investor demand fuelled by expectations of  thinning U.S. stockpiles, the falling U.S. dollar and  geopolitical risks.
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LONDON : Crude oil prices slipped below 46 dollars a barrel on increasing hopes of adequate heating fuel supply during the northern hemisphere winter.
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U.S. retail gasoline prices fell to  the lowest level in four weeks and the cost of diesel fuel  declined for the second week in a row, the Energy Department  said on Monday.
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Oil prices eased on Monday after rebels  in Nigeria withdrew a threat to target oil operations, but  lingering concerns over stretched supplies ahead of winter kept  prices close to $50.
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LONDON, United Kingdom -- Oil prices fell back from record highs Monday, ducking below 50 dollars in New York as fears of disruption to supplies from Nigeria receded after a peace deal between rival gangs in the oil-rich Niger Delta.
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Rarely has the oil price fallen so far so fast. Crude futures have dropped more than 15 per cent in only four sessions sending prices to three month lows.
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World oil prices fell on Thursday,  resuming a two-week slide as rising crude inventories eased  concerns over winter fuel supplies.
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Oil prices plunged more than $3 a barrel yesterday -- the largest single-day decline in more than three years -- after the US government reported large increases in the nation's fuel supply, easing fears of a supply crunch as winter approaches.