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By VOA News 21 November 2007 World oil prices hit a new record in Wednesday's trading, hitting $99.29 a barrel before easing downward. That is 67 cents above the previous record, which was set on November 7. Traders say the soaring prices stem from t
By Barry Wood Washington 06 June 2008 Friday was a very volatile day in financial markets as the oil price rebounded to gain over ten dollars a barrel while US stock prices plummeted following the report of a sharp rise in unemployment. VOA's Barry
HOUSTON, Jan. 10 (Xinhua) -- The price of West Texas Intermediate (WTI) crude oil is expected to be about 100 U.S. dollars per barrel in 2012, five dollars per barrel higher than the average price in 2011, the U.S. Energy Information Administration (
Regular petrol 91 octane is now $2 a litre well, $1.99.9. Although this price is high, in July 2008 it reached $2.19. At that time, the price of a barrel of oil was higher and the kiwi dollar was lower. Now the price of oil is around $100 a barrel an
A new report is warning Australia could be dropped from the worlds 20 largest economies by the middle of the century. The study by accounting firm PWC predicts Australia will fall to 28th place by 2050, slipping behind developing countries like Bangl
And the latest inflation figures are due out this morning. Economists are tipping a rise of 0.7% in the first three months of the year. Now that will take the annual CPI to 2.8%. Apple's quarterly profit has fallen for the first time in almost ten ye