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 | World must brace for oil beyond $150
Middle East Online Oil's meteoric rise since the start of the year to nearly $150 has distressed consumers and policy makers the world over, but the stark reality is prices are likely to rise higher still. | For two dec... (photo: WN / Renzelle Mae Abasolo) | |
| Consumers Dollar Photos Trading World |
 Deora suggests a joint venture between OVL and Sonongal
The Times Of India | MADRID: Minister of Petroleum and Natural Gas Murli Deora on Friday suggested a joint venture between ONGC Videsh Limited (OVL) and Sonon... (photo: PIB) |
| India Madrid Oil Photos Politics |
 Indonesian president to launch massive Total gas fields
Turkish Press | Indonesian President Susilo Bambang Yudhoyono (seen here in January) is due to inaugurate Friday a massive new gas operation off Borneo by French giant Total, according to the company. | (AFP/Pool/F... (photo: AP Photo) |
| Bu French Indonesian Photos President |
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 Asia stocks edge lower; oil above $145
Inquirer | HONG KONG -- Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardise earnings and curb consumer spending, while the uncertain economic o... (photo: WN / Janice Sabnal) |
| Asian Crude Fuel Market Photos |
 Emerging Asia 'highly vulnerable' to oil surge: ADB
The Times Of India | TOKYO: Asia's emerging economies are "highly vulnerable" to skyrocketing oil prices, making inflation the n... (photo: WN) |
| Asia Business Development Economy Photos |
 Oil pauses near record over $145, U.S. holiday ahead
The Guardian * Oil holds near record above $145, up 50 pct this year * Dollar inches up after U.S. jobs data, ECB rate hike * Iran-Israel tension supports prices SINGAPORE, July 4 (Re... (photo: AP / Don Ryan) |
| Business Economy Market OPEC Photos |
 Oil pauses near record over $145, US holiday ahead
The Times Of India | SINGAPORE: Oil steadied above $145 a barrel on Friday as the United States heads into the Independence Day ... (photo: AP / Nabil al-Jurani) |
| Energy OPEC Oil Petrol Photos |
 San Miguel, Kuok set up $1-B food project
Inquirer | MANILA, Philippines—Philippine beverage and food conglomerate San Miguel Corp. said it and Malaysia's Kuok Group had committed to spend as much as $1 billion to develop... (photo: WN / James) |
| Business Food Malaysia Philippines Photos |
 Indian currency slides to near 15-month low
Gulf News | Mumbai: India's rupee fell to near a 15-month low on concern oil prices at a record high will widen the nation's current-account deficit, boosting demand for dollars. |... (photo: WN / aruna1) |
| Currency Finance India Market Photos |
 West's loss of Gulf funds East's gain
Asia Times | By Meena Janardhan | DUBAI - As politically motivated restrictions on investments by oil-rich countries intensify in the West, the sovereign wealth funds (SWFs) of the ... (photo: AP / Hasan Jamali) |
| Dubai Funds Gulf Investments Photos |
 High oil prices worry Riyadh
Arab News | Adam Plowright | AFP | FUELING ANGER: French taxi drivers block traffic Thursday in front of the prefecture in Chalons-en-Champagne in fresh protest against high fuel p... (photo: WN) |
| Consumer Fuel Oil Photos Saudi Arabia |
 Australia dips into the black ink of trade
Sydney Morning Herald | AUSTRALIA has posted its first monthly trade surplus in six years, ending the longest run of red ink since records began. | The nation posted a small, but significant, ... (photo: WN / Janice Sabnal) |
| Australia Food Oil Photos Trade |
 India, China not responsible for oil price rise: Deora
The Times Of India | NEW DELHI: Blaming India and China for the oil price hike is "completely devoid of merit", Indian petroleum... (photo: PIB) |
| China Economy India Oil Photos |
