Hurricane fears raise oil prices

Oil prices fall by more than $5
Oil prices in New York and London have fallen by more than $5 due to fears that a global economic slowdown would stifle demand.

US cracks down on oil speculators
US regulators slap limits on oil contracts traded overseas amid fears speculators are artificially boosting oil prices.

India forced to raise oil prices
India raises prices of petroleum products amid fears of inflation ahead of elections next year.

Oil hits new high on Iran fears
Oil prices hit a new high of $126.98 a barrel after a report that Iran was studying a plan to cut crude output.

Oil climbs on UK pipeline fears
Oil prices rise toward $117 a barrel as a planned UK refinery strike threatens North Sea production.