Economy
10:00 26/03/2011
Oil prices hit high this week
Oil prices hit another post-recession high this week as economists said the world will keep consuming more petroleum even with this month's destruction in Japan and the wave of uprisings in North Africa and the Middle East.
Benchmark West Texas Intermediate crude for May delivery settled Friday at $105.40 per barrel on the New York Mercantile Exchange. That was down 20 cents for the day, but oil still gained more than 4 percent this week. On Wednesday it hit $105.75 per barrel, the highest level since September 2008.
Retail gasoline prices have followed oil higher. The national average of $3.561 per gallon is the highest ever for this time of year. Pump prices are already above $4 per gallon in Alaska and Hawaii, and they're nearly there in California.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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17:03
Polish leader: Russia wants to carry out dominant actions in South Caucasus
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16:16
Armenian pro-government MP says parliament speaker 'pressured' him
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15:57
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15:35
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15:00
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14:45
Armenian ministry denies transboundary water cooperation with Azerbaijan claimed by U.S. envoy
Armenia’s Ministry of Environment has denied any cooperation with Azerbaijan on transboundary water management claimed by a U.S. diplomat....
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14:04
Greece could send Russian air defense systems to Armenia
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13:35
Georgia to elect president on December 14
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13:05
Azerbaijan transfers Artsakh's Dadivank monastery to Udi community administration
The medieval Armenian monastery of Dadivank located in the Karvachar district of Azerbaijani-occupied Artsakh (Nagorno-Karabakh),...
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12:30
Pashinyan names pick for new tax chief
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12:02
Armenian top court checks constitutionality of two loan agreements
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11:38
Welcoming ceremony for Polish president held at Armenian presidential residence
Polish President Andrzej Duda arrived in Armenia on Monday evening.
Today, an official welcoming ceremony for Duda was held at the...
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11:27
Powerful cyclone bringing snow to most parts of Armenia
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11:12
Biden pardons turkeys during final Thanksgiving event
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17:05
Opposition politician: France responded to Pashinyan's 'absurd' comments
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16:30
Israel, Hezbollah reportedly close to a ceasefire deal
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16:15
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16:02
Armenian companies help Russia evade Western gold trade sanctions, study reveals
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15:36
Major car crash leaves several wounded in Armenia
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15:15
HIV infections rising in Armenia
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14:36
Cosmetic doctor sues Ronaldo over ‘unpaid’ bill
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14:06
Russia remains committed to ensuring Armenia's security, envoy says
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13:32
World Chess Championship kicks off in Singapore
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13:01
'Genuinely Yours': ARARAT presents new communication platform
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12:36
Azerbaijan used COP29 to step up anti-Armenian propaganda, MP says
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12:00
Cargo plane crashes into house in Lithuania, killing one
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11:45
Today is legendary commander Monte Melkonian's birthday
November 25 marks the birthday anniversary of legendary Armenian commander, philosopher and warrior Monte Melkonian. He would have turned 67...
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11:30
Fog hits Syunik highlands
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The road linking the Amberd high mountain meteorological station to...
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11:15
World Cadet Championship: Armenia's Tyhran Ambartsumian among leaders
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