EXCLUSIVE - RBI : constantly watching oil prices
EXCLUSIVE - RBI : constantly watching oil prices
HYDERABAD, India (Reuters) The Reserve Bank of India governor said on Tuesday the RBI was constantly watching oil prices and policymakers needed to work out whether they thought higher global prices were permanent.
Crude Oil Futures Test $74 Mark
Oil prices rose above $74 a barrel Tuesday amid worries that international pressure on Iran to drop its nuclear program may lead to disruptions in the country's oil exports.
Oil jumps 2 percent on Iran
Oil prices jumped 2 percent on Monday to top $73 a barrel on concerns that supplies could take a hit from Iran's defiant pursuit of its nuclear program and violence in Nigeria.
Oil prices advance before Iran meeting
World oil prices have extended gains before a UN meeting to tackle Iran's defiance over its nuclear programme.
ANALYSIS - Sky-High Oil Prices Fuel Ethanol Mania in China
HONG KONG/BEIJING - Record crude oil prices are fuelling ethanol fever in China, the world's second-largest oil consumer, despite Beijing's reservations in allowing more food grains to be used to run cars.
Oil Prices Up in Europe on Iran Concerns
Crude oil prices rose in European trading Monday on continued oil supply concerns arising from Iran's defiance of a now-expired U.N. Security Council deadline to stop enriching uranium.
Oil prices near 74 dollars on Bolivia, Iran fears
World oil prices approached 74 dollars a barrel as Bolivia's announcement that it is nationalising its energy industry added to jitters over Iran's nuclear drive, traders said.
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