... reflected lower volumes as the average price of an imported barrel of crude oil rose to $51.21, from $46.60 in April. Oil prices pushed above $70 per barrel last week only to retreat Friday to below $60 on renewed worries about global economic ...

... Latin America, however, may be checked by global events. Both Venezuela and Russia are feeling the pinch of slumping oil prices, and their ability to be major benefactors for like-minded leaders is in doubt given the pressures of the world ...

... ability to engineer a rebound in oil prices. The outcome of the hastily convened ... note as OPEC gathers HOUSTON (AP) Oil prices ended flat Friday with OPEC officials ... according to auto club AAA, the Oil Price Information Service and Wright ...

... Naimi said that the Organization of Petroleum Exporting Countries will "do what needs to be done" to shore up falling oil prices when the group meets Dec. 17 in Algeria, but for now it was "too early." Other ministers at the hastily convened ...

HOUSTON Oil prices rose 10 percent Thursday as the value ... gallon, according to auto club AAA, the Oil Price Information Service and Wright Express ... failed in the past to curb plummeting oil prices, would not result in a rally but would ...

... Dow rose 64.59, or 0.75 percent, to 8,629.68. Oil sinks with fate of automakers unresolved UNDATED (AP) Oil prices rallied from a sharp drop Friday as the president and the Treasury Department said they were prepared to act if needed ...

... internally financed." The swing of more than $100 in oil prices in the past few months led to a roller coaster climate that has made planning difficult for oil companies. Oil prices of $50 to $70 a barrel would keep the investment climate ...

... first-place votes. The precipitous rise and fall of oil prices was No. 3. The top story of 2007 was the massacre of ... trillion in various rescue and stimulus packages. 3. OIL PRICES: The global economic angst produced hyper-volatile ...

... is the steady drumbeat of gloomy economic news that shows consumers aren't spending like they used to." AAA and the Oil Price Information Service reports that retail gas prices at the pump fell Friday to a new national average of $1.642, more ...

... state-owned Kuwait News Agency, said the venture, was "very risky" in light of the global financial crisis and low oil prices. Dow Chemical said it was "extremely disappointed" with the Kuwaiti government's decision and was evaluating its ...