Oil Prices drop this morning in after reassuring words from Saudi Crown Prince Abdullah that Saudi plans to keep production levels high and take it higher still with renovations on their oil production facilities over the next decade.
Oil Prices Continue to Drop
Oil prices continued to drop in early morning trading in markets this morning after reassuring words from Saudi Crown Prince Abdullah that Saudi plans to keep production levels high and take it higher still with renovations on their oil production facilities over the next decade.
Crude Oil Prices Continue To Drop
Light sweet crude oil finished down 42 cents at 54.15 when markets closed today. Brent crude dropped 28 cents. The drops continue from yesterday after Saudi Crown Prince Abdullah assured President Bush that crude oil production would remain high and continue to climb in the months and years ahead.
Oil Prices Bump Before Bush Meets With Saudis
Oil prices took off this morning in early trading while President Bush prepares to meet with Saudi Crown Prince Abdullah at his ranch in Crawford, Texas.
OPEC Ups Production as Oil Prices Sit
OPEC announced a kick up in oil production yesterday as oil prices hover around $51 a barrel. The 500,000 bpd increase marks the second increase in two months when OPEC minister met last month and increased production 500,000.
Google Lowers Prices On Search Appliances
Yesterday, Google announced they would be slashing the price of its Google Mini search appliance, while increasing its search capacity by half.
Oil Prices Rise Again
Oil prices went back up even though an increase in inventories was announced, and OPEC said that there was no supply problem.
Consumer Prices Increase At Quickest Rate in 4 Months
Consumer prices increased at their fastest rate in four months last month as inflation makes its mark on the nation’s economy.
Oil Prices At Record Highs
Oil prices reached a record $57.50 a barrel with traders worried taht that OPEC’s production increase won’t live up to demand.
Prices For PSP Movies Announced
With anticipation growing for the Western hemisphere release of the Sony PSP growing exponentially, prices for the UMD movie that are playable in the device were announced.