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Oil below $70 spurs cut in petrol prices

Home  Oct, 2008

Oil below $70 spurs cut in petrol prices - The price of a barrel of oil today tumbled below $70 for the first time in more than a year, putting pressure on petrol producers to slash the cost of filling up the car



Oil below $70 spurs cut in petrol prices  [10/16/2008 01:17 PM]
The price of a barrel of oil today tumbled below $70 for the first time in more than a year, putting pressure on petrol producers to slash the cost of filling up the car
Markets back in turmoil: FTSE 100 tumbles after world shares plunge  [10/16/2008 01:17 PM]
The FTSE 100 followed stock markets in America and Asia with a huge sell-off this morning, fuelled by growing fears of a global recession
Market report: Thursday latest  [10/16/2008 01:17 PM]
12.30:According to Goldman Sachs, further steep falls in the mining sector can be expected in the days ahead
Cheaper food and fuel rein in cost of living  [10/16/2008 01:17 PM]
The price of petrol was slashed to below £1 a litre, while food inflation is falling sharply
Banks caught in jaws of CDS menace  [10/16/2008 01:17 PM]
Just when you thought it was safe to go back into the water, another market menace looms up from the abyss
Collapse on the cards for Nectar and Tesco Clubcard  [10/16/2008 01:17 PM]
The company that runs the giant Nectar and Tesco Clubcard loyalty card schemes was today set to collapse into administration after being hit by the credit crunch
EU calls for worldwide banking watchdog  [10/16/2008 01:17 PM]
European Union leaders are set to call today for the creation of international boards to oversee at least the world's 30 biggest banks and financial institutions
Oxford University has £30m in Iceland  [10/16/2008 01:17 PM]
The full scale of the Iceland bank crash's impact on British institutions was emerging today
Bailed-out banks fight for right to pay dividends  [10/16/2008 01:17 PM]
Banks threatened with nationalisation have won a key victory as the Treasury made clear it would allow them to pay a dividend to shareholders after a year
Unemployment looks set to top 3m  [10/16/2008 01:17 PM]
Unemployment has jumped at its fastest rate for 17 years and looks set to top 3m
Nationwide cuts mortgage rate - by 0.3%  [10/16/2008 01:17 PM]
Nationwide has refused calls to pass on the emergency 0.5% rate cut and lowered its standard variable rate by just 0.3%
BA follows Virgin lead in lowering surcharges  [10/16/2008 01:17 PM]
British Airways today joined rival carrier Virgin Atlantic in reducing passenger fuel surcharges
Libor down after bailout but borrowing still high  [10/16/2008 01:17 PM]
The strained money markets showed tentative signs of easing today in the wake of unprecedented global action to stem the financial crisis
£230 energy rip-off by 'profiteer' firms  [10/16/2008 01:17 PM]
Tesco has compiled statistics which point the finger at what appears to be profiteering on a huge scale by gas and electricity producers
US deficit sets £260bn record  [10/16/2008 01:17 PM]
The US budget deficit hit a record $455bn (£260.6bn) in the financial year just ended, way above the White House's most recent estimate of $389bn
Bailout banks musn't turf out homeowners  [10/16/2008 01:17 PM]
Banks owe us an apology and some thanks  [10/16/2008 01:17 PM]
Lloyds TSB investors unfairly hurt  [10/16/2008 01:17 PM]
Midas: BP, Shell, Vodafone and Aviva yields look good  [10/16/2008 01:17 PM]
Real money was made in this crisis, but not on TV  [10/16/2008 01:17 PM]