Tetsu Emori
latest news & developmentsOil sets new record high above $113
Oil set new record highs above a barrel on Tuesday as investors sought to hedge against a battered dollar. United States crude rose by ,80 to ,56 a barrel at 2.05pm GMT, after…
Oil prices at month highs after Bhutto killing
World oil traded near $97 a barrel in Asia on Friday, its highest level in a month, following the assassination of Pakistani opposition leader Benazir Bhutto, dealers said. They…
Oil jumps more than $1 on US pipeline fire
Oil prices rebounded by over a barrel on Thursday, after an explosion and fire at an oil terminal in Minnesota shut down most of the main pipeline that delivers Canadian crude to…
Oil prices ease on profit-taking
Oil prices fell more than a barrel on Monday as traders pocketed gains from the previous session’s record settlement. The release of eight Turkish soldiers by Kurdish rebels on…
Oil prices resume climb
Oil prices resumed their climb on Friday after a decline in the previous session prompted new buying amid expectations that crude futures would continue to test new records…
Oil eases as investors take profits from new peaks
Oil prices fell nearly 1% to below a barrel on Tuesday, fading from their latest record high as investors took profits from a rally driven by a Mexican supply failure and the…