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Oil fell below a barrel on Wednesday, pressured by a gloomy outlook for the global economy.
The dotcom bust shook the world almost a decade ago, last year the credit crunch seized up markets, and now an oil price bubble may cause more havoc.
Oil set a new record high of a barrel on Tuesday, the latest spurt in an advance that has seen prices double over the past 12 months. Supply disruptions in Nigeria, where a…
Oil hit a new record near a barrel on Monday, boosted by a string of bullish factors that include a United Kingdom refinery strike and disruptions to Nigeria’s output that…
Oil rose to a record high above on Tuesday, boosted by a jump in oil demand last month from China, the world’s second biggest energy consumer, and worries about supply from key…
Oil eased on Tuesday after it reached a record of almost a barrel in the previous session, buoyed by investor demand for commodities as well as expectations Opec will not…
Oil hit a record high of nearly $79 a barrel on Wednesday, after the Organisation of the Petroleum Exporting Countries’s (Opec) modest output increase failed to allay winter…
