Oil Prices
# oil-prices - Wednesday 15 May, 2013
Oil companies raided in price-fixing investigation
An inquiry has begun into claims oil prices may have been fixed for over a decade which could have resulted in petrol prices being kept artificially high.
# oil-prices - Friday 1 June, 2012
Oil price dips on poor US jobs and China economy reports
Purchasing manager survey data from India, China, the US and the eurozone also impacted on oil today.
# oil-prices - Monday 14 May, 2012
Price of oil could double in a decade, warns IMF paper
A working paper commissioned by the IMF says previous trends in oil prices point to a major surge in costs by 2022.
# oil-prices - Tuesday 24 April, 2012
FF accuses government of being “out of touch” in fuel levy dispute
Timmy Dooley strikes back at Michael Noonan’s dismissals, saying the minister himself explained the economics last week.
Noonan: FF is in ‘economic dreamland’ with plan to cut fuel prices
Michael Noonan dismissed Fianna Fáil’s plan as ‘wishful thinking’ and said it would take €150 million out of the economy.
# oil-prices - Friday 20 April, 2012
Column: We need to face facts – this is the end of cheap oil for Ireland
Even with the recent discovery of oil in Irish waters, Ireland remains one of the most dependent countries in the world on imported fuels. This can’t last, writes Eamon Ryan.
# oil-prices - Monday 16 April, 2012
Oil price dips after positive signs from Iran nuclear talks
EU foreign policy chief says “constructive and useful” talks will continue next month in Baghdad.
# oil-prices - Saturday 3 March, 2012
How much have fuel prices risen in Ireland recently – and why?
The cost of petrol has risen to a record high of more than €1.60 per litre- and tensions between Iran and the EU mean there’s little chance of a slowdown any time soon.
# oil-prices - Tuesday 24 January, 2012
How will the EU embargo on Iranian oil exports affect petrol prices?
We take a look at how the embargo imposed on Iran will affect prices at the pump.
# oil-prices - Thursday 5 January, 2012
EU gears up for Iranian oil ban over nuclear dispute
The move will build pressure on Iran, which is already facing a currency crisis and a tense naval standoff with the US.
# oil-prices - Tuesday 23 August, 2011
Oil prices step back up after dipping on Libyan rebel advances
As the rebel push for Tripoli stalls and Gaddafi remains elusive, analysts fear it will take longer to get Libyan oil production back on track.
# oil-prices - Monday 22 August, 2011
Oil prices drop as rebels push into Tripoli
Markets have taken rebels’ advances as a sign oil production will pick up again.
# oil-prices - Tuesday 14 June, 2011
Greece’s credit rating downgrade drags the price of US oil down with it
Oil prices slipped in the wake of concern about a weakening global economy. Analysts expect crude prices to fall over the next few months.
# oil-prices - Monday 13 June, 2011
Households and businesses told to expect higher energy costs in months ahead
The high price of oil in the first half of 2011 is likely to filter into electricity costs in the latter half of the year.
# oil-prices - Tuesday 7 June, 2011
We’re taking fewer economy flights… because they’re getting more expensive
The number of holidaymakers on low-cost tickets has fallen by three to four per cent in the last few months as rising fuel costs force up ticket prices.
# oil-prices - Monday 9 May, 2011
Column: Oil prices collapsed last week – so why haven’t the savings been passed on to consumers?
Former trader Nick Leeson looks at the factors that caused last week’s surprise collapse in the price of oil – and wonders why the savings haven’t been passed on to consumers.
# oil-prices - Wednesday 13 April, 2011
Oil prices jump back up after Kuwait halts exports
Sandstorms in Kuwait have forced the temporary suspension of oil exports – forcing the price of oil back up after yesterday’s drop.
# oil-prices - Tuesday 12 April, 2011
Oil prices down 3 per cent despite lower Libyan production
Price of oil had risen 33 per cent since the middle of February over fears of reduced supplies during protests in oil-producing states.
# oil-prices - Monday 14 March, 2011
Gaddafi troops take key oil town from rebels and push towards Benghazi
Rebels call for UN to impose no-fly zone as Libyan army spokesperson claims rebel-held city Benghazi will pose no serious problems to the military.
Japanese stocks plummet on first day of trading after the quake
Stock in the beleaguered Tokyo Electric Power Company fell by double digits – but car makers and electronics firms also badly hit.
# oil-prices - Friday 11 March, 2011
Stock and oil prices react to Japan’s earthquake and tsunami disasters
Stocks rose but oil prices fell in response to the terrible events in the Pacific.
# oil-prices - Thursday 3 March, 2011
Here’s what happened last time ECB rates rose in an oil spike
Chart showing impact of rate increase in July 2008 might not inspire confidence in European banking body employing same tactic this year.
Oil prices rise in response to Libya unrest
The price of crude oil increased in Asian trade today in response to continuing bitter fighting in Libya – and growing unrest in Oman and Yemen.
# oil-prices - Wednesday 2 March, 2011
Ernst and Young warns of oil price rise impact on Ireland
Report also says if oil price hits $150 a barrel, at least one eurozone country will default and trigger a recession for the whole region.
# oil-prices - Monday 21 February, 2011
Oil price jumps on back of Libyan protests
Unrest and protests in Libya are forcing oil prices to rise today as international oil companies prepare to evacuate their expat staff from Libyan operations.
# oil-prices - Thursday 4 November, 2010
World oil prices continue six-month record rallies
The price of a barrel has risen above $86 – just as the western world needs extra home heating.
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