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Oil prices jump above $75 a barrel to 1-year high
VIENNA - Oil prices jumped above $75 a barrel Wednesday for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season.
Activities:2008 Global Oil Crisis Source:(AP)
2009-10-14
Exxon boosts diesel output as others scale back
HOUSTON - Exxon Mobil Corp., the world's biggest oil refiner, will spend more than $1 billion in the next couple of years to increase its global production of cleaner-burning diesel by about 10 percent, the company said Monday.
Nations:U.S. Saudi Arabia Source:(AP)
2008-12-15
Oil prices slump under 45 dollars
LONDON (AFP) - Oil prices tumbled Wednesday under 45 dollars, hitting their lowest point since February 2005, as weak US economic data sparked renewed concern about slowing global energy demand.
Nations:Algeria Activities:2008 Global Oil Crisis Source:(AFP)
2008-12-03
Asphalt shortage delays road repairs nationwide
SEATTLE - Expect a bumpier drive. An asphalt shortage is delaying road maintenance projects in communities nationwide. Asphalt is becoming scarce as U.S. refiners overhaul their equipment to maximize output of highly profitable fuels such as diesel and gasoline, using inexpensive -- and hard to process -- crude oil.
Nations:U.S. Source:(AP)
2008-11-09
Oil rises on US-Russia tensions, sliding dollar
Oil prices jumped above $119 Thursday as rising antagonism with Russia underscored the possibility it could affect energy shipments from the world's second-largest oil producer.
Nations:Russia Poland Japan Australia Activities:2008 Global Oil Crisis Source:(AP)
2008-08-21
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