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Oil sinks as economy falters
Oil prices continued to decline Thursday as global economic problems hammered demand for crude products.
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Economic news sinks crude oil - Atlanta Journal Constitution
Ghana Broadcasting CorporationEconomic news sinks crude oilAtlanta Journal Constitution - 1 hour agoAP Crude prices tumbled Wednesday following a raft of economic news that painted an ugly picture of the nation’s economy, suggesting demand for energy will continue to
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Oil falls as economy falters
Oil prices fell more than $4 a barrel Thursday as investors worried that the ailing U.S. economy would continue to weigh on fuel consumption, despite Senate approval of a plan to unfreeze the credit markets.
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Oil under $44 as global economy falters
Oil prices fell to nearly a 4-year low Thursday, dipping below the $44-a-barrel mark, as concern about the economies of Europe and the United States continued to weigh on energy demand.
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Oil sinks as global economy slows
Oil prices sank Friday as the dollar continued to climb and investors feared that weak economic growth would translate into lower crude demand worldwide.
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Oil Surges Above $140 to Record as Libya Warns of Output Cut - Bloomberg
The Money TimesOil Surges Above $140 to Record as Libya Warns of Output CutBloomberg - 1 hour agoBy Mark Shenk June 26 (Bloomberg) -- Crude oil jumped above $140 a barrel to a record as Libya threatened to cut output, OPEC's president said prices may reach $170 by the s
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Box Office Booms as Economy Falters
Despite the sour economy, Americans still escape to the movies.
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Oil sinks more than $10
Oil prices tumbled more than $10 a barrel Monday - the second biggest drop in dollar terms ever on an active contract - as the government's proposed $700 billion bailout was defeated by the House, adding to concerns about the spread of economic weakness worldwide.
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Oil sinks below $99
The price of oil fell Wednesday after a key inventory report highlighted concerns about waning demand and doubts emerged about the impact of the government's proposed bailout plan.
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Emirates profit sinks on oil cost
Emirates Airline reports a 88% drop in its net profit for half a year to 30 September on higher oil prices.
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US Economy: Trade Gap Grew in April on Oil Imports (Update2) - Bloomberg
Turkish PressUS Economy: Trade Gap Grew in April on Oil Imports (Update2)Bloomberg - 1 hour agoBy Shobhana Chandra June 10 (Bloomberg) -- The US trade deficit widened in April as the surge in oil prices propelled imports to a record, overshadowing the biggest gain in e
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Dow Sinks Day After Election; Obama to Inherit Bad Economy
The new president will be left with an economy like no other in modern history.
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Oil muscles past faltering U.S. economy
There was a time when oil prices needed the backing of a strong U.S. economy to reach record levels, but oil prices hit all-time highs again Wednesday even as a recession looms.
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Surging Oil and Food Prices Threaten the World Economy, Finance ... - New York Times
Lompoc RecordSurging Oil and Food Prices Threaten the World Economy, Finance ...New York Times - 2 hours agoBy MARTIN FACKLER OSAKA, Japan - The global economy faces a one-two punch from slowing growth and soaring fuel and food prices, finance ministers from the
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Dollar Sinks to All-Time Low Against Euro
Weak US economy to blame for dollar's woes worldwide.
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Bush Approval Sinks Again
According to a new American Research Group poll, just 25% of Americans approve of the way President Bush is handling his job and 71% disapprove. When it comes to Bush's handling of the economy, 23% approve and 73% disapprove.Bush's overall job approval has dropped from 28% in May as Repu
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Economic muddle sinks stocks
Thursday's stock market selloff reflects a sobering truth: Nine months of strong medicine have failed to cure the credit crisis and left the economy in a weakened state.
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AHN - Paulson Expects Economy To Improve, But No Easy Fix For Rising Oil Rates
(AHN) - U.S. Treasure Secretary said the U.S. economy is likely to strengthen but there may not be an immediate solution to ease the rising oil prices. - Thu, 3 Jul 2008 13:16:05 GMT (AHN)
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Wall St sinks for fifth day as credit worries mount (Reuters)
Reuters - Stocks tumbled for a fifth straight session on Tuesday, capping the Dow's biggest five-day point loss ever, as fears mounted that the rapidly spreading credit crisis would drag the economy into a deep recession.
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World Business Briefing | Europe: France: Economy Expands as Oil Price Falls
France’s economy expanded in the third quarter as a drop in oil prices helped consumer spending. Gross domestic product rose 0.1 percent from the second quarter.
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