November 3, 2008
NEW YORK --- Crude-oil futures dropped more than $2 a barrel today, amid lingering concerns about demand, the Wall Street Journal reported.
Tags: oil prices, OPEC
October 26, 2008
VIENNA, Austria --- After an emergency meeting in Vienna, OPEC announced plans to cut production by 1.5 million barrels a day in an effort to buoy crude oil prices, the Los Angeles Times reported.
October 20, 2008
NEW YORK --- Crude oil climbed more than $2 a barrel today on signs that the Organization of Petroleum Exporting Countries may cut output to stop a 50-percent drop in prices since July, Bloomberg reported.
May 5, 2008
NEW YORK, N.Y. --- Fleet managers, brace yourselves for more pain at the pump. Though retail gas prices fell more than a cent over the weekend, oil futures on Monday rose to a record of over $120 a barrel.
Tags: gasoline prices, oil prices, OPEC
April 21, 2008
NEW YORK --- Retail gas prices reached another new milestone Monday, April 21, averaging $3.50 a gallon, according to AAA and the Oil Price Information Service.
February 19, 2008
NEW YORK --- The price of crude oil for March delivery rose to $100.01 a barrel in New York, buoyed by expectations that OPEC will opt to cut production when it meets March 5.
Tags: oil price, OPEC