http://www.commodityonline.com/ India's largest commodity news portal en-us July 4, 2008, 5:54 pm Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images/commodity%20logo.jpg http://www.commodityonline.com/ 280 51 Visit CommodityOnline.com Skyroketing food and fuel prices have exceeded all limits leading poor countries to utter poverty said International Monetary Fund (IMF) Managing Director Dominique Strauss Kahn. 2008-07-04 http://www.commodityonline.com/commodities/energy/Food-fuel-prices-will-lead-nations-to-poverty:-IMF-10214-3.html Union Commerce Minister Kamal Nath has welcomed investments from Kuwait during the interaction he had with Mustafa Jassim Al Shamali Minister of Finance of Kuwait who called on him here on Thursday. 2008-07-04 http://www.commodityonline.com/commodities/energy/India-invites-Kuwati-investments-in-key-sectors-10188-3.html With recent exploration and development efforts under way in India Crude oil production is likely to increase by over 30% in the next five years. 2008-07-04 http://www.commodityonline.com/commodities/energy/Energizing-India-for-sustainable-growth-10187-3.html Crude oil continues to be on fire. On Thursday crude oil prices surged to a historic record of $146 a barrel on the New York Mercantile Exchange (NYMEX) prompting analysts to warn that global recession has begun. 2008-07-03 http://www.commodityonline.com/commodities/energy/World-worried-as-Crude-Oil-surges-to-$146-a-barrel-10186-3.html Millions of Indian truck drivers have put their vehicles' parking brakes to protest soaring oil price. The global economic blood flowing could well turn into one massive concerted work stoppage. 2008-07-03 http://www.commodityonline.com/commodities/energy/Global-fuel-price-fallout:-Indian-trucks-stop-running-10182-3.html OPEC on Wednesday said the price for crude oil produced by its member countries set a new record of $136.94 per barrel Tuesday. 2008-07-03 http://www.commodityonline.com/commodities/energy/OPEC-oil-price-hits-new-record-above-$136-a-barrel-10178-3.html Angola on Wednesday said it would raise its oil output by 100 000 barrels per day before the end of this year. 2008-07-03 http://www.commodityonline.com/commodities/energy/Angola-to-increase-oil-output-to-2-million-bpd-10170-3.html In an attempt to pacify striking truckers the petroleum ministry on Thursday asked oil companies to make unbranded diesel available at all their retail outlets across the country. 2008-07-03 http://www.commodityonline.com/commodities/energy/Ministry-asks-oil-cos-to-ensure-unbranded-diesel-10164-3.html The continuing volatile sentiment of the oil market along with slowing gasoline demand may also cap the seasonal bullish developments in the product markets and exert further pressure on the refining economics in the future. 2008-07-03 http://www.commodityonline.com/commodities/energy/Developing-countries-demand-more-oil:-OPEC-10160-3.html According to the Iraqi government the move is a bid to boost output levels by about 80 per cent to 4.5 million barrels per day by 2013. 2008-07-02 http://www.commodityonline.com/commodities/energy/Iraq-invites-bids-for-oilfields-crude-prices-may-fall-10122-3.html The May forecast for biofuel was that the world will produce 1.5 million barrels per day the International Energy Agency said. 2008-07-02 http://www.commodityonline.com/commodities/energy/Biofuel-production-may-not-meet-target-10124-3.html Soaring crude oil prices and rising inflation will be hurdle for India in achieving the proposed economic growth said Deputy Chairman of Planning Commission Montek Singh Ahluwalia. 2008-07-02 http://www.commodityonline.com/commodities/energy/Power-sector-to-influence-economic-growth:-Montek-10145-3.html