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Pablo Gorondi

NATO agrees on Afghan drug role for military

U.S. Defense Minister Robert Gates looks across the room during a meeting of NATO defense ministers in Budapest, Friday Oct. 10, 2008. NATO defense ministers on Friday agreed to authorize their troops in Afghanistan to attack...

Iran forces down Hungarian flight

TEHRAN, Iran (AP) - Iran forced an aircraft carrying Hungarian military officials to land after it entered its airspace, Hungary's Defense Ministry said Tuesday. The plane was allowed to continue to Afghanistan after it was...

Oil falls below $90

By PABLO GORONDI | Associated Press Writer Oil prices fell to an eight-month low below $90 a barrel Monday on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude...

Oil falls below US$94 a barrel on falling global demand

NEW YORK - Oil prices closed at their lowest level in two weeks Thursday, tumbling below US$94 a barrel on doubts that a revamped financial bailout plan will be enough to avoid a protracted economic s...

Oil down on stronger US crude, gasoline supplies (AP)

AP - Oil prices fell below $98 a barrel Wednesday as a surprise build in U.S. gasoline supplies and a bigger-than-expected jump in crude stocks offered more evidence that a rough economy is forcing Americans to drive less.

Oil falls to $95 a barrel in Asia

SINGAPORE (AP) _ Oil prices fell to $95 a barrel Tuesday in Asia after plummeting overnight as investors weighed the fallout from U.S. lawmakers' rejection of a proposed $700 billion bank bailout aimed at stabilizing the...

Oil Rises on OPEC Production Curb

Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi speaks to journalists prior to the start of the OPEC meeting at their headquarters in Vienna, Austria, Tuesday Sept. 9, 2008. (VIENNA, Austria) —...

Oil falls below $107 as dollar gains on euro, investors await for OPEC output decision

By PABLO GORONDI | Associated Press Writer Oil prices dropped below $107 a barrel Friday as the dollar continued to gain on the euro and investors waited to see if OPEC moves to restrict output next week amid a two-month...

Oil rebounds as dollar weakens after rise in US jobless data cast shadow on economic recovery

By PABLO GORONDI | Associated Press Writer Oil prices slipped Friday but recovered from earlier lows as the dollar weakened against the euro and unemployment data deflated hopes of a late-year economic recovery in the...

Oil down on lower-than-expected US gas supplies

By STEVENSON JACOBS AP Business Writer NEW YORK (AP) - Light, sweet crude for October delivery fell $1.46 to settle at $107.89 a barrel on the New York Mercantile Exchange. On Wednesday, prices settled 36 cents lower at...

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