Result Page 22 for Crude oil news & latest pictures from ibtimes.com

OPEC Likely to Lift Oil Production

The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.

Ben Bernanke's Speech On US Economic Outlook (FULL-TEXT)

Fed Chairman Ben S. Bernanke Speech At the International Monetary Conference, Atlanta, Ga. on June 7, 2011

Despite ongoing turmoil in Middle East, crude oil prices stabilizing

Oil prices, which have risen by as much as 20 percent this year due to fears of supply disruption caused by Middle Eastern and North African unrest; appear to be stabilizing in recent weeks.

Saudi Prince seeks lower oil prices

Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.

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Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

Gold Prices Rise in Euro as Rising Dollar Hits Commodity Rally, Silver Holds 26% Down

The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.

Oil prices plunges 9% on economic worries

The price of crude oil plummeted almost 9 percent to finish below $100 per barrel – the largest one-day percentage drop in more than two years – on growing worries about the U.S. economy.

Traders work on the floor of the New York Stock Exchange

US stocks open lower after jobs data

U.S. stocks declined in early trade on Thursday after Department of Labor reported that weekly jobless claims unexpectedly rose last week.

Silver Prices Sink into Bear Market, Gold Favored as Mexico Leads Central-Bank Accumulation

Gold sat tight as Silver Prices sank once more in London trade on Wednesday morning, holding above last night's 2-session low of $1528 per ounce while silver dropped to new 3-week lows, flirting with the technical definition of bear market.

US stocks open lower after ADP jobs data

U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report and mixed corporate earnings weighed.

Stock index futures edge higher ahead of ADP data

Futures on major U.S. indices point to a lower opening on Wednesday, ahead of economic data including ADP national employment report and ISM non-manufacturing index.

Gold Prices Hit New London High, Silver Drops 10.5% Ahead of Comex Margin Hike, Frenzy of Festive Indian Gold Buying

Gold prices hit new all-time Dollar highs at the AM London Fix on Tuesday, but silver traded near a two-week low as world stock markets slipped and commodity prices fell hard.

US stocks slightly higher in early trade

U.S. stocks advanced in early trade on Friday, following stronger-than-expected earnings from major companies including Caterpillar and Merck.

Gold price explosion continues as US Inflation Jump, Fed Sticks at Zero

Gold Investing prices extended last night's strong gains on Thursday, hitting fresh all-time highs at $1534 per ounce as new US data showed inflation accelerating sharply.

US stocks open lower after GDP, Jobless Claims

U.S. stocks declined in early trade on Thursday after government reports showed that US economic activity slowed significantly in the first quarter and applications for jobless benefits unexpectedly increased.

Stock index futures range-bound ahead of GDP data

Futures on major U.S. stock indices remained range-bound on Thursday ahead of economic data including key US GDP figures from the government.

Chairman of the Federal Reserve Bernanke testifies on the state of the U.S. economy before the House Budget Committee on Capitol Hill in Washington

FOMC Policy Statement (FULL-TEXT)

FOMC statement from April 27, 2011

Chairman of the Federal Reserve Ben Bernanke

Federal Reserve Press Conference: Background & Live Coverage

FOMC (Federal Open Market Committee) Chairman Ben Bernanke, for the first time ever, will hold a press conference on Wednesday after the FOMC’s monetary policy statement.

US stocks edge higher ahead of Fed statement

U.S. stocks slightly higher in early trade on Wednesday after a government report showed that new orders for manufactured durable goods rose better-than-expected in March.

Gold Up, Silver Down in Subdued London Trade as Dollar Falls

Prices to Buy Gold rose but silver held flat in Asian and London trade on Wednesday, while the Dollar fell, European equities rose, but peripheral Eurozone debt sank to new record lows.

Stock index futures higher ahead of FOMC statement

Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of US Federal Reserve’s meeting and Census Bureau's durable goods orders report.

Italy and France propose Libyan oil boycott

Italy and France have called on the international community to cease shipping oil products to the regime of Libyan leader Moammar Gaddafi and also asked market operators not to purchase Libyan crude oil.

Venezuela raises minimum wage by 25%

The president of Venezuela Huge Chavez has raised the minimum wage by 25 percent, effective in two stages beginning on May 1.

US stocks advance on earnings but data weighs

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.

Gold Slips in Everything But Fast-Weakening Dollar, Physical Hoarding Accelerates

Silver Prices extended their Dollar gains to 7.7% for this week alone, also reaching new multi-decade and all-time highs vs. the world's other major currencies.

One year later, Gulf oil spill still clogs environment & economy (PHOTOS)

Oil gushed into the sea one year back will perhaps take months or even years to clean up while it continues to clog wetlands, pollute the ocean and endanger wildlife. Check out the latest pictures taken on April 20, 2011, exactly one year after the environmental disaster hit Gulf of Mexico.

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