Rate cut could hike oil prices
88194
WASHINGTON - Federal Reserve Chairman Ben Bernanke might have cooled off the credit crisis by cutting interest rates, but he might also have heated up oil prices this past week.
672261
Oil rose back to near $59 a barrel on Wednesday after Kuwait said it may join other OPEC countries in cutting output if prices continue their three-month slide.
496753
OPEC may be considering cutting its production to stem the recent steep decline in oil prices.
187578
Opec, the oil producers&#39; cartel, is poised to raise its target price range for a barrel of crude this week - delivering a harsh message to oil-guzzling economies to get used to a $30 floor under prices.
547542
OPEC was considering on Thursday delaying an oil output cut until the northern winter has passed, responding to the calls of importer nations' afraid supply curbs now will drive prices higher and hurt their economies.
373183
NEW YORK, September 3 (New Ratings) - Oil prices climbed yesterday on the news that Yukos Oil has issued a warning of a production cut.
355496
Oil prices rose on Wednesday, stemming an eight-session slide that has dragged prices down 14 percent from record highs as news emerged of a fresh pipeline fire in Iraq.
374656
Treasury debt prices climbed on Monday  as investors bet oil prices near record highs might dent U.S.  consumption and force the Federal Reserve to slow the pace of  interest rate hikes.
170379
World oil prices rose on Thursday as OPEC ministers gathering in Cairo raised the prospect of cutting output. New York&#39;s main contract, light sweet crude for delivery in January, climbed 59 cents to 42.53 dollars a barrel.
352499
THE US Federal Reserve has raised interest rates for the third time this year in spite of a renewed surge in oil prices. The widely expected move took the funds rate up a quarter-point to 1.75 per cent, following similar moves in August and June.
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
725650
The cost of a barrel of oil jumped more than 25 cents in just a few hours Thursday -- hitting $52.53. .At this rate, the price could be aiming for the $53 mark soon.
398379
Oil prices extended gains above &#36;41 a barrel on Tuesday on forecasts of colder temperatures in the U.S. Northeast, a supply cut by top OPEC producer Saudi Arabia and disruptions to Iraqi crude exports.
136195
Crude prices rose Wednesday ahead of US petroleum inventory data and an OPEC meeting this week at which the group could decide on a production cut.
352165
The surge in crude-oil prices to 50 dollars a barrel is likely to hold back the US economy but probably not cause a recession, analysts say.
709928
Federal Reserve Chairman Ben S. Bernanke may have cooled off the credit crisis by cutting interest rates, but he may also have heated up oil prices this week.
406057
Oil prices edged higher on Wednesday, pushed upwards by technical buying, but struggling to break above the narrow range that has persisted this month.