Oil

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Oil Rises as U.S., European Governments Move to Support Banks
(Bloomberg - Oct 13, 2008)

Oct. 13 (Bloomberg) -- Oil rose, rebounding from last week's 17 percent plunge, as governments in the U.S. and Europe acted to stem the worst financial crisis since the 1930s.

www.bloomberg.com/apps/news?pid=20601012&sid=aVXSHY57nl3A

Oil prices rally as world leaders act to save markets
(AFP via Yahoo! News - Oct 13, 2008)

Oil prices rose more than three dollars on Monday after world leaders united to tackle a financial crisis engulfing Europe and the United States, analysts said.

news.yahoo.com/s/afp/20081013/bs_afp/commoditiesenergyoilpri...

Oil above $81, Goldman cuts price forecasts
(Reuters via Yahoo! News - Oct 13, 2008)

Oil rose above $81 a barrel on Monday after governments around the world acted to boost confidence in the global banking system, spurring a rally in European and Asian stock markets and commodities.

news.yahoo.com/s/nm/20081013/bs_nm/us_markets_oil_3

Palm Oil Gains on Crude as Indonesia, Malaysia Signal Changes
(Bloomberg - Oct 13, 2008)

Oct. 13 (Bloomberg) -- Palm oil futures rebounded on a rally in crude oil and as Indonesia and Malaysia, the biggest producers, signaled changes to export policies.

www.bloomberg.com/apps/news?pid=20601012&sid=ahOpmoH1HzvA

Oil rebounds on European bank rescue plan
(CNN Money - Oct 13, 2008)

Crude prices bounce back after slipping below $80 a barrel last week; gas, heating oil follow.

money.cnn.com/rssclick/2008/10/13/markets/oil.ap/index.htm?s...

Oil rebounds on Europe bank rescue plan
(AP via Yahoo! News - Oct 13, 2008)

A pledge by European countries to keep banks from collapsing injected optimism into oil markets Monday, with prices rebounding from a 13-month low to rise above US$80 a barrel. Gasoline and heating oil also recorded substantial gains.

news.yahoo.com/s/ap/20081013/ap_on_bi_ge/oil_prices_2

Kuwait shuts down oil refineries temporarily
(AP via Yahoo! News - Oct 13, 2008)

The Kuwait National Petroleum Co. says it has temporarily shut down the country's three oil refineries because of a power surge, but that exports have not been affected.

news.yahoo.com/s/ap/20081013/ap_on_bi_ge/ml_kuwait_oil_refin...

Oil rebounds in Asia on Europe bank rescue plan
(AP via Yahoo! News - Oct 13, 2008)

Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in Asia on expectations that a pledge by European countries to keep banks from collapsing may stabilize a tumultuous global financial system.

news.yahoo.com/s/ap/20081013/ap_on_bi_ge/as_oil_prices_4

Oil Price Rises From 13-Month Low as Governments Pledge Support
(Bloomberg - Oct 13, 2008)

Oct. 13 (Bloomberg) -- Crude oil prices rose from a 13- month low in New York as governments in the U.S., Europe and Asia pledged to avert a collapse in the financial system while turmoil in credit markets threatens to stall the global economy.

www.bloomberg.com/apps/news?pid=20601100&sid=ad7geeO0zFaw

Goldman Cuts Oil Price Forecasts on Financial Crisis (Update2)
(Bloomberg - Oct 13, 2008)

Oct. 13 (Bloomberg) -- Goldman Sachs Group Inc. lowered its crude oil price forecasts for a second time this year after the global financial crisis deepened.

www.bloomberg.com/apps/news?pid=20601104&sid=a8QGoc_WdFEM