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Friday, June 6, 2008
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India, Malaysia raise gas prices for residents
Comparison of two summaries:
Information unique to its summary
Information unique to summary from multiple countries, from articles in English
Information unique to summary from the United Kingdom, from articles in English
With global oil prices soaring, authorities in the two countries said a day earlier they were slashing fuel subsidies that were draining government coffers. (article 6)

NEW YORK - Oil prices soared Thursday as the dollar swooned and prices at the pump in the United States edged to within a penny of US$4 a gallon. (article 9)

The Organisation for Economic Co-operation and Development (OECD) has said inflation remains a danger, as oil prices have shown a sharp increase. (article 7)

India has raised fuel prices by 10%, the second such increase this year, because of the rising cost of oil. (article 1)

India imports nearly 75% of its crude oil requirements and controls the price of domestic fuel products to help contain inflation and protect the poor. (article 1)

With a nationwide average gas price of just about $4 a gallon, lots of people are thinking there must be something the government can do to help. (article 11)

WITH AMERICANS steaming over $4-a-gallon gasoline and ExxonMobil reporting first-quarter earnings of nearly $10.9 billion, the temptation to grandstand about "obscene" profits and "greedy" oil companies is one too many politicians cannot resist. (article 13)

Oil prices fell by more than $2 a barrel on Wednesday as latest figures showed US petrol reserves had risen more than expected. (article 3)

The Organisation for Economic Co-operation and Development (OECD) has said inflation remains a danger, as oil prices have shown a sharp increase. (article 4)

Rate rise? On Thursday evening US crude increased by $6.08 to $128.38 a barrel, wiping out two days of losses triggered by worries that high prices may hit global demand. (article 4)

India has raised fuel prices by 10%, the second such increase this year, because of the rising cost of oil. (article 1)

India imports nearly 75% of its crude oil requirements and controls the price of domestic fuel products to help contain inflation and protect the poor. (article 1)

Oil prices fell by more than $2 a barrel on Wednesday as latest figures showed US petrol reserves had risen more than expected. (article 3)

In London, Brent crude fell $2.82 to $121.76, while in New York, light, sweet crude dipped as low as $121.84. (article 3)

" The days of establishing new record prices appear to be temporarily over said Victor Shum, an energy analyst from consultancy Purvin and Gertz. (article 3)

Oil price rises are a sensitive political issue in India, where a marginal rise in the price of, say diesel, triggers off food and other commodity inflation. (article 2)

Source articles
  1. India forced to raise fuel prices (BBC News, 06/04/2008, 414 words)
  2. India courts risk with fuel hike (BBC News, 06/04/2008, 732 words)
  3. Oil dips to $121 as reserves grow (BBC News, 06/04/2008, 191 words)
  4. India and Malaysia Risk Voters’ Wrath by Raising Fuel Prices (nytimes.com, 06/05/2008, 685 words)
  5. India, Malaysia raise gas prices for residents (money.cnn.com, 06/05/2008, 886 words)
  6. Fuel protests erupt in India, Malaysia (Washington Post, 06/05/2008, 317 words)
  7. OECD highlights inflation worries (BBC News, 06/05/2008, 262 words)
  8. Oil prices hold above $128 a barrel (sfgate.com, 06/05/2008, 553 words)
  9. Oil soars, gasoline edges closer to $4 at the pump (cbc.ca, 06/05/2008, 789 words)
  10. Oil rises above $128 after record surge on weak dollar (boston.com, 06/05/2008, 397 words)
  11. Six fixes for high gas prices (money.cnn.com, 06/04/2008, 1094 words)
  12. Protests, strikes staged as gas soars; a gallon now $11 in Turkey (sfgate.com, 06/05/2008, 806 words)
  13. No profits, no oil (boston.com, 06/04/2008, 746 words)
  14. MONTANA GOVERNOR IS SITTING ON AN OIL MINE (NY Post, 06/06/2008, 604 words)
Source articles
  1. India forced to raise fuel prices (BBC News, 06/04/2008, 414 words)
  2. India courts risk with fuel hike (BBC News, 06/04/2008, 732 words)
  3. Oil dips to $121 as reserves grow (BBC News, 06/04/2008, 191 words)
  4. OECD highlights inflation worries (BBC News, 06/05/2008, 262 words)


Story keywords
oil, Prices, Gas, India, Gasoline




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