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Oil price rises sharply after Opec meeting collapses in disarray
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Wednesday, 08 June 2011
Oil price rises sharply after Opec meeting collapses in disarray
• Proposal to increase production rejected by 6 of 12 members • Analysts foresee Opec's power base weakening Oil prices have jumped by more than $1 a barrel after a meeting of Opec collapsed in acrimony without a deal to aid the struggling world economy by pumping more crude....
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White House: concerned about oil price, has options
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Wednesday, 08 June 2011
White House: concerned about oil price, has options
The United States is concerned about the effect of oil prices on the economy and retains all the tools at its disposal to deal with them, White House deputy na...
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Stocks waver; oil spike lifts energy companies
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Wednesday, 08 June 2011
Stocks waver; oil spike lifts energy companies
NEW YORK (AP) — Stocks bounced between small gains and losses in afternoon trading Wednesday, a day after the Dow Jones industrial average had its longest losi...
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OPEC leaves output on hold, causing oil price jump
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Wednesday, 08 June 2011
OPEC leaves output on hold, causing oil price jump
VIENNA OPEC unexpectedly left its production levels unchanged on Wednesday, causing oil prices to jump, as senior officials said their meeting ended in disarra...
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Oil demand high as prices surge
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Wednesday, 08 June 2011
Oil demand high as prices surge
New evidence of rising global oil consumption emerges as Opec members' failure to increase quotas sends prices up again....
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Crisis watch

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    A Venezuela está à beira do precipício. A ação concertada ainda pode evitar a sua queda. Mas quanto mais se atrase, mais venezuelanos morrerão por falta de medicamentos, pela má nutrição ou pela violência.
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    Tuesday?s ruling by the International Tribunal on the Law of the Sea has bought a little clarity to the problems in the South China Sea, but it has not made solving the underlying problems significantly...
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  • Venezuela?s hard landing
    Venezuela is on the edge of the precipice. Concerted action may yet pull it back. But the longer it is delayed, the more Venezuelans will die from lack of medicines, malnutrition or violence.