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Oil Price
Japan Oil Imports Rise for Second Month on Price Drop (Update1) (Bloomberg)
Nov. 20 (Bloomberg) -- Japan's crude oil imports increased in October for a second month after benchmark oil prices in New York tumbled since climbing to a record in July.

Posted originally: 11/19/2008

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(AFX UK Focus) 2008-11-19 19:21 Tandberg sees no danger from falling oil price (Interactive Investor
BARCELONA, Nov 19 (Reuters) - Video conferencing systems maker Tandberg sees no danger to its business from the falling price of oil, after rising energy costs helped push customers to use Tandberg's services rather than travel. Chief Executive Fredrik Halvorsen told an investor conference he believed video-conferencing had now gained sufficient quality and momentum in its own right not to be ...

Posted originally: 11/19/2008

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OPEC oil price continues to slide (EARTHtimes.org)
Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to fall on Tuesday, OPEC said on Wednesday. One barrel (159 litres) of OPEC crude stood at 46.55 dollars Tuesday, 1.41 dollars lower t...

Posted originally: 11/19/2008

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(AFX UK Focus) 2008-11-20 08:42 UPDATE 1-China studying oil price and tax reforms -NDRC (Interactive
BEIJING, Nov 20 (Reuters) - Chinese officials are studying reforms of China's oil products pricing mechanism, the issue of lowering pump prices, and reforming fuel taxes and fees, the country's top economic planning body said on Thursday.

Posted originally: 11/20/2008

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Plunging oil price leaves
Falling oil prices are set to cost the government about

Posted originally: 11/19/2008

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Corporate News: PAL posts net loss in second fiscal quarter, blames high oil price (BusinessWorld On
PAL posts net loss in second fiscal quarter, blames high oil price PHILIPPINE AIRLINES (PAL) posted a net loss in the second quarter of its 2009 fiscal year ending in September, which it blamed on the "unprecedented" surge in oil prices.

Posted originally: 11/19/2008

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Opec ready to restrict supplies as oil price falls to 20-month low (Guardian Unlimited)
The oil price continued its downward path today despite a prediction from an influential group that the era of cheap energy was over

Posted originally: 11/20/2008

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China studying oil price and tax reforms -NDRC (Reuters via Yahoo! Malaysia News)
BEIJING, Nov 20 (Reuters) - Chinese officials are studying reforms of China's oil products pricing mechanism and the possibility of lowering pump prices, reforming fuel taxes and fees and scrapping road tolls, the country's top economic planning body said on its Web site on Thursday.

Posted originally: 11/20/2008

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Oil Price Drops Another 80 Cents in China (Israel National News)
(IsraelNN.com) The price of oil continued to drop in Asian markets. In Singapore a barrel of oil was selling for $52.82. That is 80 cents per barrel less than the price was set at close of business Wednesday in New York.

Posted originally: 11/20/2008

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Halff Sees Oil Price Fall Further on U.S. Demand Drop: Video (Bloomberg)
Nov. 20 (Bloomberg) -- Antoine Halff, head of energy research at Newedge USA LLC, talks with Bloomberg's Bernard Lo about the possibility of further declines in oil prices.

Posted originally: 11/19/2008

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