Harry Tchilinguirian
latest news & developmentsOil slips on fresh demand concerns
Oil edged down on Tuesday for the fourth straight day, relinquishing earlier gains, as fresh concerns about weaker demand in top oil consumer the United States tempted some…
Opec set to resist pressure for more oil
Opec is widely expected to resist consumer calls for more oil when it meets on Friday, worried by a slowing United States economy and the onset of seasonally lower demand in the…
Oil eases after topping $80 on supply fears
Oil prices dipped on Thursday but held near the previous day’s record high above a barrel, as dealers watched a hurricane in the Gulf of Mexico after a sharp fall in United…
Oil hits record high after Opec fails to calm market
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…