SINGAPORE, Oct 14, 2008 (AFP) - Oil prices rallied further on Tuesday after world leaders rolled out further measures to tackle the global financial crisis, dealers said.

LONDON, Oct 14, 2008 (AFP) - Oil prices rallied further on Tuesday after world leaders rolled out measures to tackle the global financial crisis, dealers said.

New York's main contract, light sweet crude for delivery in November jumped 2.54 dollars to 83.73 dollars a barrel in electronic trade.

PARIS, Oct 13, 2008 (AFP) - The challenge posed by climate change could be resolved by a peaceful switch to a low-carbon economy, or alternatively inflict stresses that could include war and desertification of swathes of the US and Australia, a thinktank said on Monday.

SINGAPORE, Oct 13, 2008 (AFP) - World oil traded more than three dollars higher in Asia on Monday after world leaders united to tackle a global financial crisis.

New York's main contract, light sweet crude for delivery in November, was 3.10 dollars higher at 80.80 dollars a barrel, recovering from one-year lows reached on Friday.

SINGAPORE, Oct 13, 2008 (AFP) - Oil prices were higher in Asia on Monday after world leaders united to tackle a global financial crisis engulfing Europe and the United States, analysts said.

New York's main contract, light sweet crude for delivery in November was 2.45 dollars higher at 80.15 dollars a barrel, recovering from one-year lows reached on Friday.

VILNIUS, Oct 13, 2008 (AFP) - Lithuanians overwhelming voted 'yes' in a referendum to delay the EU-agreed shutdown of a controversial nuclear plant which provides the bulk of their power, results showed Monday.

LONDON, Oct 13, 2008 (AFP) - Oil prices rose sharply on Monday, with New York crude up almost four dollars, after world leaders united to tackle a financial crisis engulfing Europe and the United States.

New York's main contract, light sweet crude for delivery in November jumped 3.61 dollars to 81.31 dollars a barrel, recovering from one-year lows hit Friday.

BAKU, Oct 13, 2008 (AFP) - The war in Georgia created new dilemmas for its oil-rich neighbour Azerbaijan, which has walked a tightrope between Moscow and Washington while dealing with a simmering ethnic conflict of its own.

Key nuclear international institutions on Monday signed a deal to step
up their collaboration, marking a step forward in the development of a
multibillion dollar experimental nuclear fusion project.

WARSAW, Oct 13, 2008 (AFP) - Ecologists raised the alarm Monday over global warming as environment ministers from more than 30 states met in Warsaw ahead of December's UN Climate summit focused on slashing greenhouse gases.

NEW YORK, Oct 13, 2008 (AFP) - Oil prices rallied Monday, lifted by a burst of optimism after world leaders formed a united front to tackle the global financial crisis.

New York's main contract, light sweet crude for delivery in November, leapt 3.49 dollars to close at 81.19 dollars a barrel, recovering from one-year lows hit Friday.

PARIS, Oct 13, 2008 (AFP) - The challenge posed by climate change could be resolved by a peaceful switch to a low-carbon economy, or alternatively inflict stresses that could include war and desertification of swathes of the US and Australia, a thinktank said on Monday.

LUSAKA, Oct 12, 2008 (AFP) - Power blackouts have hit most parts of Zambia following a shut-down of the country's key hydro-power station after it developed a fault, an official said on Sunday.

LONDON, Oct 10, 2008 (AFP) - Oil prices slumped Friday to one-year lows under 80 dollars per barrel, striking 75 dollars in London, amid a global equities meltdown that sparked fears over demand for energy, traders said.

LONDON, Oct 10, 2008 (AFP) - British Prime Minister Gordon Brown said on Friday that a cut in production reportedly under consideration by OPEC oil producing nations would be 'wrong for the world economy'.

NAPLES, Italy, Oct 10, 2008 (AFP) - Italians should buy shares in the country's two largest energy companies while their prices are low, Prime Minister Silvio Berlusconi said Friday.

LUXEMBOURG, Oct 10, 2008 (AFP) - EU nations on Friday agreed on rules for liberalising their energy markets, securing the deal by including measures to prevent sector giants from taking too much control.

The deal ends a year of fierce wrangling which ensued after the European Commission proposed laws to increase competition in the energy sector.

NEW YORK, Oct 10, 2008 (AFP) - Oil prices slumped Friday to one-year lows under 80 dollars per barrel, amid a global equities meltdown that sparked fears of recession that would crimp demand for energy.

New York's main contract, light sweet crude for delivery in November, slid to 77.70 dollars, a slide of 8.89 dollars as part of a dramatic day in global financial markets.

LONDON, Oct 10, 2008 (AFP) - Oil prices slumped towards 77 dollars per barrel on Friday, amid a worldwide equities meltdown, with traders convinced that an economic slowdown will hurt energy demand, dealers said.

LONDON, Oct 10, 2008 (AFP) - British Prime Minister Gordon Brown appealed to the OPEC oil-producing cartel Friday not to cut output, saying it would be 'wrong for the world economy' at a time of near-unprecedented crisis.

LONDON, Oct 10, 2008 (AFP) - The price of New York crude fell below 80 dollars per barrel Friday, hitting a one-year low, as the market was rattled by plunging stock markets and fears of slowing demand, traders said.

New York's main contract, light sweet crude for delivery in November, hit 78.61 dollars per barrel -- a low point last seen exactly one year ago.

SINGAPORE, Oct 9, 2008 (AFP) - Oil prices continued lower Thursday on fears of slowing world energy demand despite government efforts to bail out the ailing global financial system, analysts said.

VILNIUS, Oct 9, 2008 (AFP) - Lithuania's voters will Sunday have a chance to up the pressure on the EU to delay the shutdown of a Chernobyl-style nuclear plant which provides the bulk of the Baltic state's power.

PRAGUE, Oct 8, 2008 (AFP) - Czech state-run energy giant CEZ has bought a 37.4 percent stake in Turkish energy distributor Akenerji Elektrik Uretim, CEZ spokeswoman Eva Novakova said Wednesday.

'Today we have accomplished another milestone in the CEZ Group's international expansion,' said CEZ board chairman and chief executive Martin Roman.

SINGAPORE, Oct 8, 2008 (AFP) - World oil prices fell back under 90 dollars on Wednesday as traders fretted over the global financial crisis and the resultant fall in energy demand, dealers said.

LONDON, Oct 8, 2008 (AFP) - Oil prices Wednesday trimmed losses and pulled away from one-year lows after major central banks surprisingly slashed interest rates in a coordinated move aimed at rescuing the flagging global economy.

New York's main contract, light sweet crude for delivery in November, was down 62 cents to 89.44 dollars a barrel.

LONDON, Oct 8, 2008 (AFP) - Oil prices sank Wednesday as rising American crude reserves signalled weaker demand in the United States, the world's biggest consumer of energy.

The market was also dampened by falling equities, which sparked fresh fears about global energy demand, despite a coordinated move by six of the world's major central banks to slash their interest rates.

NEW YORK, Oct 8, 2008 (AFP) - Oil prices sank Wednesday on news of an unexpectedly sharp jump in US crude reserves, signaled weaker demand in the world's largest energy consumer.

Slumping stock markets also weighed on oil prices as traders worried about falling demand in a cooling global economy.

CORDOBA, Spain, Oct 8, 2008 (AFP) - EU measures to cut CO2 emissions must be changed given the global financial crisis as nations cannot now afford higher energy, Polish Prime Minister Donald Tusk said Wednesday during a visit to Spain.

SINGAPORE, Oct 8, 2008 (AFP) - World oil prices fell back to below 90 dollars on Wednesday as traders fretted over the global financial crisis and the resultant fall in energy demand, dealers said.

LONDON, Oct 8, 2008 (AFP) - Oil prices sank close to one-year low points on Wednesday as plunging stock markets generated fresh fears of slowing economic growth and in turn weaker global demand for energy, traders said.

London's Brent North Sea crude for delivery in November fell to as low as 81.00 dollars per barrel in electronic trade -- a point last reached on October 15, 2007.

SINGAPORE, Oct 7, 2008 (AFP) - Crude oil prices rebounded to near 90 dollars a barrel in Asia Tuesday but dealers said the underlying trend is lower after deepening global financial turmoil and falling stocks further raised fears of slowing energy demand.

BEIJING, Oct 7, 2008 (AFP) - Beijing's municipal government said Tuesday it would raise gasoline and diesel prices to subsidise cleaner fuel development as the Chinese capital seeks to clear its smoggy skies after the Olympics.

SINGAPORE, Oct 7, 2008 (AFP) - Crude oil prices rebounded to more than 90 dollars a barrel in Asia Tuesday but dealers said the underlying trend is lower after deepening global financial turmoil and falling stocks further raised fears of slowing energy demand.

SINGAPORE, Oct 7, 2008 (AFP) - Crude oil prices remained below 90 dollars a barrel in Asia on Tuesday as deepening global financial turmoil and plunging stock markets raised fears about slowing demand for energy, dealers said.