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World oil prices declined Friday as traders took profits and supply concerns subsided over Cyclone Gonu in the crude-rich Middle East.
World oil prices crept higher on Monday, clawing back ground following heavy pre-weekend losses that mirrored a downturn in global equities last week.
World oil prices steadied on Tuesday even though the International Energy Agency raised its prediction for global crude demand in 2007, and as geopolitical tensions eased in Nigeria.
World oil prices steadied on Wednesday as the market awaited key data on US energy stockpiles expected to show further gains to inventories of motor fuel, traders said.
The price of oil traded close to a nine-month peak in New York on Monday owing to concerns about fuel supplies in the United States where the summer driving season is underway.
The price of oil traded close to a nine-month peak in New York on Monday owing to concerns about fuel supplies in the United States where the summer driving season is underway.
World oil prices fell on Monday as traders expressed relief at the end of a general strike in Nigeria that had threatened exports from the sixth-biggest crude producer in the world.
World oil prices eased on Tuesday in a market underpinned by below-normal gasoline inventories in the United States, dealers said.
Starting today, customers can buy the BlackBerry 8700 model for Dh 2070 instead of AED 2470. The prices of the BlackBerry 8100 model has also been reduced from Dh 2090 to AED 1800.
Mattel announced on Tuesday yet another massive recall of toys made in China, targeting some 844,000 items with high levels of lead, the company said in a statement.
Fundamental analysis is a very effective way to forecast economic conditions, but not necessarily exact market prices.