Inquirer Oil prices fall as demand crumbles | NEW YORK — Oil prices extended losses on Wednesday as fuel demand in the United States continued to crumble under the weight of a financial crisis, prompting OPEC to sharpen the ax for another round... (photo: AP / Mike Grol)
Houston Chronicle Qatar minister promises OPEC output cuts | OPEC, supplier of more than 40 percent of the world's oil, will "definitely" cut output at its next meeting in Algeria on Dec. 17 after postponing a decision last month, Qatar's oil minister said. |... (photo: WN / deniseyong)
Manila Standard Today LPG prices slashed again by P4 a kilo | THE big oil firms slashed the price of cooking gas by P4 a kilogram yesterday after cooking gas distributors cut theirs by P2 on Monday, and following the continuing drop in the commodity’s contract... (photo: WN / patricia) EnergyIndustryMarketPhilippinePhotos
The Australian Oil price slumps to $46 | OIL prices slumped to just above $46 in London yesterday, reaching the lowest point in almost four years, as global energy demand weakened amid a widespread economic slowdown. On London's InterConti... (photo: AP Photo) MarketOPECOilPhotosRecession