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UN Chief Visits Saudi Arabia Amid Concern Over Soaring Crude (Nasdaq) JEDDAH (AFP)--U.N. Secretary General Ban Ki-moon on Saturday started a mission to Saudi Arabia to focus on soaring world oil prices and their impact on global food security. Oil drops three dollars on demand SINGAPORE (Agencies): World oil prices fell almost three dollars in Asian trade Monday on demand worries as Wall Street's financial meltdown extended to Europe, triggering fears of a global slowdown, dealers said. In Hurricane Ike boosts oil prices - News.com.au WORLD oil prices climbed in Asian trade today as powerful Hurricane Ike hammered the southern US coast, forcing the shutdown of oil and gas production facilities in the area. New York's main contract, light sweet crude for October delivery was up 47 ... UN chief visits Saudi amid concern over oil prices (AFP via Yahoo! News) UN chief Ban Ki-moon has arrived in Saudi Arabia on a mission focused on soaring world oil prices and their impact, an AFP correspondent travelling with the secretary general said Saturday. Oil prices hit eight-month lows under 90 dollars mark, on September 16.The Brent contract traded 3.70 dollars lower at 86.55 in late Asian trade on Monday. World oil prices first broke through the 100-dollar level at the start of the year and touched record highs above 147 dollars in July. New York oil price falls below $90 Brent North Sea crude for delivery in November had already dropped below the 90-dollar mark, on September 16. World oil prices have fallen sharply from record high levels above 147 dollars reached in July, on concerns that demand is slowing during a Ecuador sees oil prices above $100 per barrel - Reuters QUITO, Sept 24 (Reuters) - Ecuadorean President Rafael Correa said Wednesday he expected world oil prices to stay above $100 per barrel and OPEC was ready to act if prices dropped. Ecuador, OPEC's smallest member, has said it expected oil to ... LPG retailers group hike high of $936.50 per metric ton in July. LPG prices started to drop following a similar softening in world oil prices. Ecuador's Correa threatens to expel oil companies of revenue and key to Correa's plan to boost public investment to help the poor. The volatility of world oil prices has worried experts who say a free-fall could prompt Correa to halt repayments foreign debt. Nearly a year ago, Ecuador initiated talks Thai Hot Stocks-Market falls, PTT Chemical hits all-time low Production PTTE.BK and top oil refiner Thai Oil TOP.BK fell more than 5 percent following a decline in world oil prices. At 0735 GMT, shares in PTT were down 8.85 percent at 206 baht, PTT Exploration was 8.9 percent lower at 113 baht and Thai Oil was
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