Part 1 of 2: Fundamentals the cause of oil price turbulence
385118
Last week the price of WTI (West Texas Intermediate) crude was recorded close to US$50/barrel, a record high, but a level still far lower in real terms than that registered in 1979 -- about $40/barrel (at the US dollar rate in 1979) -- or the equivalent
376198
PARIS : The heat has gone out of the underlying forces in the oil market and only short-term factors are keeping the oil price at about 40 dollars per barrel, the International Energy Agency (IEA) concluded.
471995
Is the Federal Reserve less sanguine about the effect the oil-price spike will have on the economy? Given the run-up in crude prices -- and rising fears that growth could be slowed measurably -- the markets
640861
Crude futures sold off sharply for a second day in row Thursday, falling below $44 a barrel, as traders focused on rising fuel supplies and the lack of cold weather. The drop to two-month lows triggered an additional wave of technical and speculative selling, traders said.
395116
: Oil prices searched for direction today, supported by worries of a cold snap in the Western Hemisphere but weakened by selling on the bet that OPEC&#39;s decision to cut production would not end short-term oversupply.
281718
The price of this key commodity has risen by about a third just since the beginning of July. In London, oil closed at $43.80 a barrel, while in New York oil closed at $48.70, up three percent.
456582
Oil prices above $50 a barrel - and rising - are now starting to adversely affect the economy and consumers in ways that had not been happening only a few months ago.
79477
A breve termine, a causa di una domanda molto dinamica
47381
The decline is world oil prices may be over already. Hawaii gasoline prices, moving more slowly than mainland prices, never lost most of the increase registered while crude prices were rising.
265323
SINGAPORE, OCT 5: US oil prices scrambled back over $50 a barrel on Tuesday, kept on edge by a prolonged production outage in the Gulf of Mexico at a time when major exporters are already pumping nearly full tilt.
436928
Oil prices climbed yesterday as tight supplies of distillate fuels ahead of the northern hemisphere winter spurred buying. London IPE Brent rose 61 cents to $43.33 a barrel , while US light, sweet crude gained 46 cents to $46.68 a barrel.
74123
LONDON : World oil prices sprinted up to new one-month high points as traders showed alarm at a steep fall in US crude oil inventories in the wake of Hurricane Ivan.
681555
Business & money: Â·  Warning that oil could hit $95 a barrel by end of year Â·  UK inflation outlook may force sixth bank rate rise
92505
The key to maintaining economic stability is well-placed confidence in the markets. Bubbles, by contrast, result from misplaced confidence.
221777
Investor's Business Daily - U.S. crude fell 62 cents to $96 a barrel, reversing an earlier gain, on fears that slower U.S. economic growth will curb demand for oil in the world's top consumer. Crude prices hit an intraday high of $97.92 due to falling U.S. supplies, a weaker dollar and geopolitical tensions.
649948
By George Chamberlin , Daily Transcript Financial Correspondent. A big drop in oil prices helped stock prices move higher Wednesday.
255028
High oil prices, which have een a factor in virtually all US recessions over the past three decades, are surging again this year. And the higher crude oil prices climb, the more risk energy