Oil Above $40, OPEC Talks Supply Rise
SINGAPORE (Reuters) - U.S. oil prices shot back above $40 a barrel on Thursday as OPEC producers prepared to agree a supply increase of up to 11 percent against a backdrop of soaring demand and heightened security fears in the Middle East. More »OPEC Ups Efforts to Contain Price Scare
BEIRUT (Reuters) - OPEC made a renewed bid on Wednesday to wrestle world oil prices lower by boosting export flows, even before an expected cartel decision to raise formal output limits. More »Blue Chips End Higher as Oil Price Falls
NEW YORK (Reuters) - Blue chips rose on Wednesday as crude oil prices fell below $40 per barrel, easing fears about economic growth and inflation, but technology shares fell after disappointing comments from computer chip makers. More »