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11:11, 11 November 2008: 774 × 527 (52 KB) 84user {{Information |Description=United States oil price from 1999 to 2008 October 17; weekly prices in United States dollars per barrel on the vertical scale, with year markers on the horizontal scale. Related charts: [[Image:World oil price in dollars from 19
On April 18, 2008, the price of oil broke $117 per barrel after a Nigerian militant group claimed an attack on an oil pipeline. [30] Oil prices rose to a new high of $119.90 a barrel on April 22, 2008, [ 31 ] before dipping and then rising $3 on April 25, 2008, to $119.10 on the New York Mercantile Exchange after a news report that a ship ...
English: NYMEX Light Sweet Crude Oil daily prices from 2005 to 2008-12-02 in US dollars. Daily prices in United States dollars per barrel on the vertical scale, with year markers on the horizontal scale.
Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says. Will Daniel. August 28, 2023 at 1:57 PM.
In the United States, gasoline consumption declined by 0.4% in 2007, [20] then fell by 0.5% in the first two months of 2008 alone. [21] Record-setting oil prices in the first half of 2008 and economic weakness in the second half of the year prompted a 1.2 Mbbl (190,000 m 3)/day contraction in US consumption of petroleum products, representing 5 ...
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Rising gas prices are everywhere in the news as the fall-out continues. One article fears for $5 gas by July 4, others focus on the unlikely winners in the wake of such high prices at the pump ...
In the middle of the financial crisis of 2007–2008, the price of oil underwent a significant decrease after the record peak of US$147.27 it reached on 11 July 2008. On 23 December 2008, WTI crude oil spot price fell to US$30.28 a barrel, the lowest since the financial crisis of 2007–2008 began. The price sharply rebounded after the crisis ...