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oil price ||| The oil price hit a new record as geo-political tensions, dwindling stockpiles

European Stocks Drop, Led by BP, Shell as Oil Price Falls; Publicis Gains

| newslookup.com


Oil price moves into uncharted waters

| Findory News

Telegraph: The oil price hit a new record as geo-political tensions, dwindling stockpiles and speculative money drove the cost of a barrel of crude into uncharted territory.


FTSE tumbles as oil price soars towards $100 (FT.com)

Wed, 21 Nov 2007 17:00:15 Etc/GMT | Yahoo! Finance

London shares fell sharply on Wednesday after heavy losses in Asia overnight and a surge in the oil price to within a whisker of $100 a barrel.


Oil Price Touches $100 a Barrel; Signal of Pending Oil Shortages Ignored, According to TheOilDrum.com

| PRWeb - Press Release

The price for West Texas Intermediate (WTI) oil touched $100 on January 2, 2008, a new milestone. According to TheOilDrum.com, WTI oil price has been giving a very clear signal of pending shortage for over five years now, and in breaching the symbolic $100 a barrel mark, continues to do so. Those driving the world economy have steadfastly ignored this red warning light. In doing so, they are steering the world toward an energy disaster characterized by shortages, high energy prices, inflation, growing inequity, civil unrest and famine. (PRWeb Jan 4, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/WmV0YS1UaGlyLVBpZ2ctQ291cC1Mb3ZlLVplcm8=


China shares down on oil price fears

Mon, 30 Jun 2008 12:34:41 +0100 | londonstockexchange

Chinese shares were down at the close on Monday, with fears of further oil price hikes weighing on investor sentiment.


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