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SINGAPORE — Oil prices rebounded from a 16-month low to rise above $67 on Thursday in Asia on expectations OPEC will move to shore up plummeting prices with an output quota cut on Friday. Light, sweet crude for December delivery rose $1.07 to $67 ...
Read moreOil rises to $67 as OPEC prepares to cut output - Houston Chronicle
SINGAPORE, Oct 21 (Reuters) - Oil edged up to near $75 a barrel on Tuesday, rising for the third consecutive session, on expectations that OPEC will cut output this week to lift prices that have shed half their value in three months. In addition ...
Read moreUPDATE 1-Oil extends gains on OPEC, weather worries - CNBC
SINGAPORE, Oct 20 (Reuters) - The global financial crisis is starting to put the squeeze on sports sponsorship but the LPGA is confident women's golf will weather the storm. Chris Higgs, senior vice president of the U.S. women's tour, told Reuters in ...
Read moreINTERVIEW-Golf-LPGA will weather financial storm, says Tour VP - Reuters UK
SINGAPORE, Oct. 20 (Xinhua) -- The Singapore government Monday said the escalating global financial crisis and the global economic slowdown have already affected its real economy and local companies. However, Trade and Industry Minister Lim Hng Kiang ...
Read moreMinister: global financial crisis affects Singapore's real economy - Xinhua News Agency
Oct. 23 (Bloomberg) -- Pakistan's possible bailout by the International Monetary Fund may not be enough to save it from a credit-rating cut, Standard & Poor's said. ``It doesn't mean they are out of the woods,'' said Agost Benard , a Singapore-based ...
Read morePakistan IMF Rescue May Not Stop Rating Cut, S&P Says (Update1) - Bloomberg
Oct. 23 (Bloomberg) -- Pakistan's possible bailout by the International Monetary Fund may not be enough to save it from a credit-rating cut, Standard & Poor's said. ``It doesn't mean they are out of the woods,'' said Agost Benard , a Singapore-based ...
Read morePakistan's IMF Bailout May Not Prevent Cut in Rating, S&P Says - Bloomberg
Maybe not this time. With the global economy edging toward recession, the specter of diminishing supply has been blown away by a stunning lack of demand that now has the market in a stranglehold. Ahead of Friday's emergency meeting of the ...
Read moreOPEC scrambles as crude prices spiral - Miami Herald
HONG KONG - Asian stocks tumbled for a second day Thursday, with South Korea's market sinking more than eight per cent, as a barrage of downbeat company forecasts deepened fears of a global recession. Every major regional benchmark was in the red ...
Read moreBC-Oil Prices,1stWritethru - Guardian Unlimited
Oil fell toward $74 a barrel on Tuesday, after three days of gains, on expectations that OPEC will cut output this week to lift prices that have shed half their value in three months. In addition, forecasts of colder weather in the U.S. Northeast ...
Read moreOil Falls Toward $74 on OPEC, Weather Worries - CNBC
VIENNA, Austria : Iran on Thursday called on OPEC to slash oil production by a daily 2 million barrels to stop a steep slide in prices that has left crude at its cheapest since last summer. The president of the Organization of Petroleum Exporting ...
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