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Oil slips to near $86 in Europe on weak US economy, crude demand outlook By AP,
Oil prices extended losses to near $86 a barrel on Friday amid fears that a slowing global economy will weaken demand for
crude, but recovered from earlier lows on reports of an explosion at a pipeline in Iran. By early afternoon in Europe,
... read moreApache quarterly profit up, tops Street N) reported a better-than-expected 40 percent increase in quarterly profit on Thursday, fueled by record
oil and natural gas production and higher
crude prices. Shares of Apache, which has operations in Australia, the US, Egypt and the North Sea,
... read moreArizona gas prices remain lowest in nation as price of crude oil falls AAA Arizona says that the
price of
crude oil fell this week to a five-week low and is now trading in the low $90-a-barrel range. The agency says the drop is because of this week's market reaction to concerns about the US economy and ongoing global debt
... read more
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