Oil makes record $25 jumpSep 23, 2008The price of oil made its biggest single-day gain ever on Monday, soaring a thunderclap $25 as the markets saw the U.S. government’s $700 plan to buy ...
What of $88/bbl?Oct 17, 2007The price of a barrel of oil hit $88 on Wednesday amid word the Turkish parliament would okay an Iraq invasion and with Russian President Putin reportedly telling the United States “Don’t strike Iran”.
By WILLIAM STOICHEVSKI
Opec meet on record 2-million-barrel-a-day cutDec 17, 2008The Organization of Petroleum Exporting Countries looks set to cut production by a record amount just weeks after a previous motion to cut, as the oil price ...
