Topic: OPEC
Venezuelan state oil firm's debt jumps 42 percent
AFP Global Edition
State-owned oil company Petroleos de Venezuela (PDVSA) saw its debt jump 42 percent in 2009, compared to a year earlier, climbing to 21.4 billion dollars, according to official figures. In 2008, PDVSA's debt was 15.09 billion dollars, but in the early months of 2009 the energy crisis ...
Oil prices fall on concerns over weak demand
AFP Global Edition
World oil prices fell on worries about weak energy demand in the United States and over the strength of China's economy, traders said. New York's main contract, light sweet crude for March delivery, sank 98 cents to 75.15 dollars a barrel. Brent North Sea crude for delivery ...
Oil prices struggle higher amid weak demand
AFP Global Edition
Oil prices rose slightly with gains capped by weak energy demand in the United States and worries over the strength of China's economy, traders said. New York's main contract, light sweet crude for March delivery, climbed eight cents to 76.16 dollars a barrel. Brent North Sea crude ...
Crude oil prices dip
AFP Global Edition
World oil prices weakened as the easing cold snap in the northern hemisphere was expected to dampen demand for heating fuel, traders said. Brent North Sea crude for delivery in March dropped 1.68 cents to 75.95 dollars a barrel in afternoon London trading. New York's main contract ...
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