Oil jumps above $140 on OPEC, Libya comments
NEW YORK - Oil futures shot above $140 Thursday after OPEC's president said crude prices could rise well above $150 a barrel this year and Libya said it may cut oil production. The advance raised the likelihood that gasoline prices would also extend their march higher, and that prices of goods and services throughout the economy would also keep rising.
Nations:Libya Nigeria Activities:2007-8 Oil Crisis Source:(AP)
2008-06-26
Shell shuts down Nigerian oil field after attack
LAGOS, Nigeria - Royal Dutch Shell said it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful militant group in Nigeria launched an attack on an installation there Thursday.
Nations:Nigeria Activities:2007-8 Oil Crisis Source:(AP)
2008-06-19
Gas prices keep climbing even as oil prices drop
The gasoline price record keeps getting broken with each passing day. AAA puts the national average for a gallon of regular at a record $3.95. It's jumped 35 cents in the past month and is 76-cents-a-gallon higher than a year ago.
Nations:Nigeria Activities:2007-8 Oil Crisis
2008-05-29
Oil hits $135 a barrel on new supply concerns
Oil prices rose above $135 a barrel for the first time Thursday, with supply worries, global demand and an ever weakening U.S dollar driving crude futures up.
Nations:Nigeria Switzerland Activities:2007-8 Oil Crisis
2008-05-22
Oil prices surge to new record of $118 a barrel
The price of New York crude oil surged past 118 dollars per barrel for the first time on Tuesday, lifted by unrest in key producer Nigeria and the weak dollar, traders said.
Nations:Nigeria Activities:2007-8 Oil Crisis
2008-04-22
US drops China from list of top human rights abusers
The United States dropped China from its list of the world's worst human rights violators, but added Syria, Uzbekistan and Sudan to its top 10 offenders in an annual report released Tuesday.
Nations:Uzbekistan China Mauritania Belarus Kyrgyzstan Nigeria People:Condoleezza Rice Activities:Darfur Genocide Crisis China-U.S.
2008-03-11
IOC strips Marion Jones of 5 medals
The IOC formally stripped Marion Jones of her five Olympic medals Wednesday, wiping her name from the record books following her admission that she was a drug cheat.
Nations:Jamaica Nigeria Sri Lanka France People:Marion Jones
2007-12-12
Brazil outhustles U.S. for 4-0 Cup win
The way Brazil and sensational striker Marta played, it didn't matter who was in goal for the United States. Marta scored two goals and the Brazilians put on a dazzling display of soccer Thursday, outhustling the Americans at nearly every turn to cruise to a 4-0 victory in the Women's World Cup semifinals.
Nations:Germany Norway Sweden U.S. Brazil North Korea Activities:2007 Women's Soccer World Cup
2007-09-27
Typhoon Wipha slams into China's east coast
Typhoon Wipha, potentially the most destructive storm in a decade, slammed into China's eastern coast early Wednesday packing winds of 45 metres (150 feet) per second, state media said.
Nations:China South Korea Nigeria Taiwan Norway Activities:2007 Typhoon Wipha
2007-09-18
China's influence spreads around world
For nearly three decades, Chinese peasants have left their villages for crowded dormitories and sweaty assembly lines, churning out goods for world markets. Now, China is turning the tables.
Nations:U.S. Brazil China Sudan Bolivia Venezuela People:Mia Farrow Hu Jintao Deng Xiaoping Activities:2007 China Toothpaste Crisis Darfur Genocide Crisis
2007-09-02
China, Korea stocks hit records
Asian stocks rose on Monday, with China's market surging to an all-time high and South Korea also hitting a record, as a rally in metals prices lifted miners and a stronger dollar boosted shares in Japanese exporters.
Nations:Singapore South Korea Australia China Nigeria Germany Activities:Chinese Markets
2007-05-28
Gunmen kidnap oil workers in Nigeria
Gunmen kidnapped a group of foreign oil workers on Friday, including three Americans and four Britons, in Nigeria's unruly southern petroleum-producing region, officials said.
Nations:Nigeria U.S. U.K.
2007-05-25
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