why oil dropped last week

3 news results for the search terms: why oil dropped last week.

House Republicans put off offshore oil drilling bill

December 6th, 2006

…  bill to open a large area of the eastern Gulf of Mexico to oil and gas drilling. Republicans gave no reason for the decision not to …  development might ease natural gas prices, which have dropped significantly this year but still are three times to four times higher …  about the revenue loss to the Treasury and questioned why that much money should go to four states from federal …

Australian Mining Shares Decline, Led by BHP; Rinker Advances

September 18th, 2006

…  at some of those falls in metals last week and you see why resources stocks are in for a torrid time again,” said Lucinda Chan, head …  brackets after the company names. Australian stocks: Oil producers: Crude oil rose as much as 0.6 percent to $63.70 a barrel in …

Gold Poised to Snap Four Weeks of Gains; Mideast Concerns Ease

July 21st, 2006

…  a gold trader and refiner. It’s “one of the reasons why gold is losing its gains.” The precious metal, which is typically a …  climbed to the highest in almost two months on July 17 as oil prices rose to records amid Israeli attacks on Hezbollah bases in Lebanon. …