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Oil ended the week with a drop of over 11 percent

Friday, October 24th, 2008

Futures of light crude oil with delivery in November closed at a level of 64.15 dollars for a barrel today in New York Exchange registered a fall of 3.69 dollars or 5.4 percent.

For the week “black gold” lost 11.1 percent of its value.
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Middle East oil fell to 122.10 dollars for a barrel

Saturday, August 2nd, 2008

The price of oil pointed to another sharp rise during the last session exchange for the week. Reason for this became comments by Deputy Prime Minister of Israel, that with regard to Iranian nuclear program agenda “are open all possible actions”, transmit Bloomberg. For declarations of tension and help answer to the Iranian President Mahmoud Ahmadinejad that his country will “respond with force” to all foreign attempts to delay nuclear program.
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British Petroleum transfers its technical experts in Russia

Wednesday, July 23rd, 2008

The oil company British Petroleum announced that it will call all its 148 technical experts sent to work in Russia for the company TNK-BP.
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The price of oil to a record for the last 17 years fall

Wednesday, July 16th, 2008

Oil marked the biggest drop in the price for the past 17 years, losing 4.4 percent only within the session yesterday in New York. Reason for sales data became MasterCard, the last week that demand for gasoline decreased by new 5.2 percent, marking 12 regular weekly decline.
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Serial record for price of crude oil

Friday, July 11th, 2008

The price of crude oil hit a new record, after having appreciated by over 4 dollars because of fears that Israel will initiate military action against Iran.

To increase the quotations and expectations contribute to strike in Brazil and to each terrorist threats in Nigeria.
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Another 62 thousand Americans without job in June, unemployment was 5.5 percent

Thursday, July 3rd, 2008

Reduction of workforce in the U.S. and continues through June, show the data of the Ministry of Labour.

In the last month more than half 62 thousand Workers from the agricultural sector have not lost their work, which is the reason for the detention of the level of unemployment at 5.5 percent. Overall, since the beginning of the year, employment fell by a total of 438 thousand jobs. For comparison in 2007 were discovered 91 thousand new positions.
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Six-year peak of inflation in Slovenia

Wednesday, July 2nd, 2008

Inflation in Slovenia amounted to 6.8 percent for June on an annual basis, representing the highest level since December 2002 here, and the highest value in the euro area, where the average inflationary level is 4 percent, Reuters forward.

According to the financial department of the country for high inflation largely are “guilty” high oil prices.
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