NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > Business > Biz Headlines
World oil prices rallied
Latest Updated by 2006-09-19 10:08:08
Related News
Technological breakthrough may reduce oil use
China, VietNam accelerates oil project
Oil prices fall below 68 dollars
Record oil prices bring turbulence for air shares
Oil prices drop on U.S. energy report
Oil prices surge above 72 dollars
Business News
IMF approves plan to increase voting rights of 4 countries
World oil prices rallied
GM, Ford discuss possible merger or alliance

World oil prices rallied on Monday after successive falling recently.

New York's main contract, light sweet crude for delivery in October, climbed 47 cents to close at 63.90 dollars per barrel.

In London, Brent North Sea crude for November delivery gained 72 cents to 64.05 dollars per barrel.

Crude futures have fell nearly 20 percent from its record 78.40 dollars per barrel in mid-July, as demand was downgraded and supply worries eased.

Meanwhile, traders still worry about the possibility that Iran's oil exports would halt if the United Nations imposed international sanctions on Teheran for its nuclear activities.

Iran is OPEC's second largest producer following Saudi Arabia, pumping 4 million barrels of crude oil and exporting 2.4 million barrels per day.

Editor: Yan

By: Source: China View website
Previous:  IMF approves plan to increase voting rights of 4 countries  Next:GM, Ford discuss possible merger or alliance


Chinese, US navy to hold joint military drills


China Table Tennis Grand Prix kicks off in Guangzhou


Hengqin Stone Park in Zhuhai


Jewelry show


5th Anniversary of 9/11 Terror Attacks
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips