International oil prices reached new record highs last week, which do not bode well for local fuel costs.

Consumer demand is expected to remain fairly healthy in 2006, especially given the further tax relief announced in the annual budget.

I think it's safe to say that if the rain remains below average, then we won't see prices coming down much below current levels.

There was some deterioration in inflation expectations, which probably drove overall confidence lower, but the decline is so small, it is not that significant.

The world will have to get used to a barrel of oil priced above 50 dollars, ... It will be difficult to increase production.

Venezuela is supporting tens of thousands of poor families in the United States with heating oil.