Update 1: EU Official Plays Down Rising Oil Prices
444957
A top European Union economic official Friday played down the impact of rising oil prices on the bloc&#39;s economic recovery.
726726
Inflation rates in Europe are unlikely to fall below the European Central Bank&#39;s 2 percent target for the rest of the year because of high oil prices, ECB board member Ottmar Issing said Sunday.
158760
World oil prices ticked up from a  three-month low on Monday as traders looked for OPEC to take  action to stem a slide which knocked 14 percent off crude  prices last week.
592819
Oil prices were up 12 cents to $49.88 a barrel in electronic trading in Europe in advance of the opening on the New York Mercantile Exchange.
178932
Surging oil pressures Bourses, but building materials sector remains a bright spot after Cemex buy. LONDON  - European stock indexes hit a two-week low Monday as record high oil prices heightened
341191
The world economy will face higher prices than in the past decade as more oil comes from &quot;politically unstable&quot; countries, such as Saudi Arabia and Russia, and production costs rise, the International Energy Agency warned on Tuesday.
391122
OPEC has extended a message to calm down to the oil consuming countries following an agreement by its countries in Vienna to increase the ceiling of oil production by 4%, which means an increase of one million barrels a day, in the hope to reduce prices.
178282
Oil futures prices rose in Europe Thursday amid concerns about heating oil supplies at the beginning of the Northern Hemisphere winter.
252714
THE European Central Bank has followed the Bank of England and kept its interest rates on hold, preferring to give itself more time to assess the effect of soaring oil prices on the inflationary outlook and slow economic recovery.
559540
European Union officials this week will aim to reduce corporate influence and make polluting more expensive.
151681
Europe's fossil fuel use is rising, but it's not making citizens any happier, an economic report concludes.
615752
European stock markets headed downwards in early afternoon trading in the wake of a weak finish on Wall Street and as the price of oil rose above 47 dollars for the first time.
586656
No. 1 exporter pledges to hold production levels but is wary of boosting quotas and glutting market. VIENNA  - OPEC is keeping its foot on the production pedal in a bid to drag down oil prices, but
730988
Recovery in the eurozone is battling higher oil prices and a rising euro as monetary union has so far failed to spur sustained economic dynamism in the 12 nations using the single European currency, the OECD revealed.
698267
RECORD oil prices are likely to depress growth in the 12-nation eurozone next year, the European Commission warned yesterday as crude stayed close to the all-time highs it hit on Monday.
125935
Crude oil futures fell more than $1 a barrel yesterday to their lowest level in more than a month as traders took cues from OPEC officials signaling their willingness to accept lower prices before cutting output.
219487
OPEC ministers yesterday agreed to increase their ceiling for oil production to help bring down stubbornly high prices in a decision that traders and analysts dismissed as symbolic because the cartel already is pumping more than its new target.