Commodities Stumble as Greece Sends Investors to ‘Safety First’

Oil, metals and grains tumbled as Greece’s vote against further austerity and China’s emergency measures to support domestic stocks shook confidence in global economic growth, sending investors to haven assets.

OPEC agrees to maintain oil output ceiling: Venezuela

VIENNA: OPEC has agreed to hold its output ceiling at 30 million barrels of oil per day, Venezuelan Energy Minister Rafael Ramirez said on Friday after a key meeting in Vienna.

Oil prices fall to below $85 a barrel in Europe

Oil fell below $85 a barrel Thursday on expectations of just a small rise in global demand for crude in 2013 and as signs of slowing global economic growth offset hopes that central banks will soon implement stimulus measures.

Oil drops below $100 on global growth fears

Oil fell to a 16-month low below $100 a barrel on Friday as weak US jobs data, poor manufacturing figures from China and a spiralling euro zone debt crisis deepened worries over the prospects for global economic growth.

G-8 Leaders to Discuss Oil Market as Iran Embargo Nears

The impact on oil prices from sanctions on Iran will be on the agenda when President Barack Obama meets with other leaders of the Group of Eight nations, National Security Adviser Tom Donilon said.

Oil down to near $94 on China, Europe concerns

Oil prices dropped to near $94 a barrel Monday due to concerns that China's economy, the world's second-largest, is slowing faster than expected as well as speculation that Greece could abandon the euro currency bloc.

Oil price falls back from 43-month high

Oil prices have dipped from a 43-month high after Saudi Arabia denied reports that a key pipeline had exploded.