Oil rises as dollar falls, forecast for improved demand; OPEC keeps output unchangedOil prices edged higher Thursday on a weaker U.S. dollar, OPEC’s decision to maintain production levels and a new report that says the slump in global oil demand will not be as bad as initially feared. Oil climbs to near $72 in midday European trade as dollar falls, OPEC keeps output unchangedLONDON — Oil prices rose to almost $72 a barrel Thursday, helped by a weaker U.S. dollar, steady OPEC production levels and a new report predicting a less severe slump this year in global oil demand. In Angola to sweeten trade ties, Clinton pushes democracy, development with big energy nationLUANDA, Angola —U.S. Secretary of State Hillary Rodham Clinton, bringing her democracy and development tour of Africa to oil-rich Angola on Sunday, encouraged the war-ravaged country to continue reforms and pledged to boost trade ties with a major energy producer. World markets finally succumb to profit-taking after two-week rallyLONDON — European and U.S. stock markets fell Tuesday as investors decided to cash in on two weeks of gains after mixed corporate earnings and a survey pointing to waning U.S. consumer confidence. UPA fuel price hike move forces parliament adjournmentNEW DELHI - The UPA Government and the opposition on Thursday traded charges over the fuel price hike on the first day of the Budget Session of Parliament. Two elderly bravehearts resist Rs.1 mn heist (With Petrol vend employees carrying cash attacked, one dead)NEW DELHI - Two elderly men aged 73 and 67, employed at a petrol vend here, Monday put up a heroic fight to resist a daylight robbery and saved their company of being looted of Rs.1 million. 80 times more oil seeps naturally than in biggest spillWASHINGTON - Twenty years ago, oil tanker Exxon Valdez struck a reef at midnight in pristine Alaskan waters, spilling some 10.8 million gallons of crude oil into the sea, which spread over 11,00 square miles, in one of the worst environmental disasters. It is Modi versus the rest in Gujarat (Poll Curtainraiser - Gujarat)AHMEDABAD - As Gujarat votes Thursday, the vote is likely to be for or against Chief Minister Narendra Modi’s persona and policies — rather than on national issues. Canadian markets up 13 percent as rally continuesTORONTO - Canadian markets continued their rally on the sixth consecutive day Tuesday, with rising oil pricing and financial shares boosting investor confidence. |
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