TEHRAN, Feb. 26 (Xinhua) -- Iran has refused to deliver oil to Greece in Persian Gulf, the local Fars news agency reported on Sunday. The Islamic republic refused to deliver a shipment of 500,000 barrels of crude oil to one of the refineries in Greec...
NEW YORK, Sept. 29 (Xinhua) -- Crude prices jumped on Wednesday as U.S. crude inventories fell last week. Commercial crude(原油 ) inventories decreased by 500,000 barrels to 357.9 million barrels, according to the Energy Information Administrat...
By Barry Wood Washington 06 June 2008 Friday was a very volatile day in financial markets as the oil price rebounded to gain over ten dollars a barrel while US stock prices plummeted following the report of a sharp rise in unemployment. VOA's Barry...
By VOA News 06 March 2008 Crude oil prices continued their surge Thursday hitting a new record high of nearly $106 a barrel. Prices for crude for future delivery went as high as $105.97 before easing slightly. The latest record high for oil follows a...
By VOA News 21 November 2007 World oil prices hit a new record in Wednesday's trading, hitting $99.29 a barrel before easing downward. That is 67 cents above the previous record, which was set on November 7. Traders say the soaring prices stem from t...