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Oil Gains for First Time in Four Days as Stocks Rally (Correct)

Published December 2, 2008, 6:32 pm, Bloomberg

(Corrects period since previous low in second paragraph.) Dec. 3 (Bloomberg) -- Crude oil rose for the first time in four days as U.S. equities rallied and the Federal Reserve extended terms of three emergency loan programs to mitigate the credit crisis.

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Crude Oil Rises as Equities Rally, Fed Extends Emergency Loans

Published December 2, 2008, 4:42 pm, Bloomberg

Dec. 3 (Bloomberg) -- Crude oil rose for the first time in four days as U.S. equities rallied and the Federal Reserve extended terms of three emergency loan programs to mitigate the credit crisis.

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New bid to break siege

Published December 2, 2008, 2:24 pm, Gulf Times

AMMAN: A group of Jordanian Islamists will set sail for the Gaza Strip from the Jordanian port of Aqaba on December 20 with the aim of breaking the siege of the Palestinian territory, the leader of Jordan’s Muslim Brotherhood movement announced yesterday.

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Oil Falls More Than $100 From July Record on U.S. Recession

Published December 2, 2008, 2:18 pm, Bloomberg

Dec. 2 (Bloomberg) -- Crude oil tumbled, capping a decline of more than $100 from July’s record, on speculation the U.S., the world’s largest energy consumer, may be in the longest slump since World War II.

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(AFX UK Focus) 2008-12-02 21:11 NYMEX-Crude ends below $47 on OPEC, demand worries

Published December 2, 2008, 1:34 pm, Interactive Investor

NEW YORK, Dec 2 (Reuters) - U.S. crude oil futures ended nearly 5 percent lower on Tuesday, extending the market's slide to more than $100 from the record intraday peak in July.

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Natural Gas Declines as Supplies Seen Ample for Heating Season

Published December 2, 2008, 12:38 pm, Bloomberg

Dec. 2 (Bloomberg) -- Natural gas in New York declined on speculation that supplies of the heating fuel will be ample to meet winter demand as a slowing economy cuts energy consumption.

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CCS clears Gorshkov contract renegotiation

Published December 2, 2008, 10:40 am, The Times of India

The Cabinet Committee on Security has cleared two major defence procurement projects, which could cost almost $3 billion, including the renegotiation of contract for refit of aircraft carrier Admiral Gorshkov with Russia.

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Indonesian Air Force Awards ST Aerospace With C-130B Retrofit Contract

Published December 2, 2008, 9:54 am, Aircraft Maintenance Technology

SINGAPORE – Singapore Technologies Aerospace Ltd (ST Aerospace), the aerospace arm of Singapore Technologies Engineering Ltd (ST Engineering), announces that it has been awarded a US$51m (about S$75m) contract to perform maintenance and modification on four C-130B aircraft for the Indonesian Air Force (IAF). The program commences immediately and is expected to be completed over 30 months.

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Ship hired by Jordan Islamists to sail to Gaza on December 20

Published December 2, 2008, 9:15 am, EARTHtimes.org

Amman - A group of Jordanian Islamists will set sail for the Gaza Strip from the Jordanian port of Aqaba on December 20 with the aim of breaking the seige of the Palestinian territory, the leader of Jordan's Muslim Brotherhood movement announced Tues...

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Natural Gas in New York Declines as Supplies Seen as Ample

Published December 2, 2008, 8:23 am, Bloomberg

Dec. 2 (Bloomberg) -- Natural gas in New York declined on speculation that supplies of the heating fuel will be ample to meet winter demand and on concern a slowing economy will reduce energy consumption.

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