Oil Price thread - Page 11

#**101** (**permalink**) 12th-January-2007, 07:22 AM

Oil prices fall beneath the $52-a-barrel mark for the first time since May 2005 as the US enjoys a mild winter.

http://news.bbc.co.uk/1/hi/business/6254063.stm

include · #**102** (**permalink**) 17th-January-2007, 07:31 AM

Oil prices have rallied slightly after falling to their lowest level in 18 months on Tuesday amid concerns that Opec will not cut output further.
US light, sweet crude was trading up 23 cents at $51.44 a barrel on Wednesday, having closed at $51.21 on Tuesday - its lowest mark since May 2005.

http://news.bbc.co.uk/1/hi/business/6269659.stm

#**103** (**permalink**) 25th-January-2007, 06:52 AM

Oil prices rebounded above $55 after dipping earlier in the day - despite news that US stocks of crude and petrol had increased.

US light, sweet crude was 31 cents higher, at $55.35 while Brent oil gained 40 cents to $55.50 in London.

http://news.bbc.co.uk/1/hi/business/6294455.stm

#**104** (**permalink**) 7th-February-2007, 08:54 AM

Freezing temperatures across much of the US push oil prices back up sharply to nearly $60 a barrel.

http://news.bbc.co.uk/go/rss/-/2/hi/...ss/6335807.stm

fireandrain · #**105** (**permalink**) 9th-February-2007, 07:14 AM

Oil prices have rebounded above $60 a barrel again on renewed tension between the US and Iran and continuing cold weather in the US.

http://news.bbc.co.uk/1/hi/business/6345145.stm

hoon · #**106** (**permalink**) 17th-February-2007, 06:54 AM

Oil prices rise above $59 a barrel as the US warns of further attacks in key oil producing country Nigeria.

http://news.bbc.co.uk/1/hi/business/6366243.stm

hoon · #**107** (**permalink**) 19th-February-2007, 09:07 AM

Oil prices dip on Monday, on news that a captured US oil worker in Nigeria has been freed.

http://news.bbc.co.uk/go/rss/-/2/hi/...ss/6374601.stm

the reporter · #**108** (**permalink**) 21st-February-2007, 07:26 AM

Oil prices have fallen by more than $1 a barrel amid forecasts of more warm weather in the United States.

US light sweet crude settled $1.32 lower at $58.07. In London Brent Crude was 16 cents down at $57.98.

http://news.bbc.co.uk/1/hi/business/6381151.stm

include · #**109** (**permalink**) 1st-March-2007, 07:21 AM

Oil prices have fallen to a six-month low of less than $61 a barrel as healthy US fuel stockpiles and reduced tension over Iran have calmed markets.

The price of a barrel of US light, sweet crude fell $1.20 to $60.46, its lowest level since 21 March, while Brent crude dipped to $60.47 in London.

Prices have fallen $17 since July, when the Israel-Hezbollah conflict sent shockwaves through oil markets.

http://news.bbc.co.uk/1/hi/business/5365756.stm

#**110** (**permalink**) 24th-March-2007, 07:39 AM

Oil prices have risen to their highest level this year after 15 British navy personnel were seized at gunpoint by Iranian forces in the Gulf.

The incident caused an immediate reaction in the markets, with a barrel of light, sweet crude rising to $62.65 - its highest mark since December.

In London, Brent crude rose to $63.68 a barrel, near a four-month high.

http://news.bbc.co.uk/1/hi/business/6485529.stm