2015 Event The Shanghai Composite Index, representing China's stock market, drops 8.5% over fears that the government will withdraw support that has kept stock prices high in the midst of economic slowdown; regulators deny that such a change will be made 2015 Event Gazprom, the state-owned Russian energy company, is sued by the E.U. for antitrust violations, including seeking control of pipelines in exchange for gas, charging steep prices, and limiting gas flows to nations beyond eastern Europe 2015 Event The International Energy Agency estimates that oil prices will remain relatively low for the next five years, potentially dipping this year to an average of $55/barrel before increasing to about $73/barrel by the year 2020 2014 Event Oil prices fall to $69/barrel after an OPEC decision to continue current oil production levels despite pressure from non-OPEC oil producing countries seeking higher prices 2013 Event An error on the Delta Air Lines website allows thousands of customers to buy tickets for super-low fares, some 90% below regular ticket prices; Delta takes responsibility for the error, and will honor ticket purchases as well as frequent flier miles earned on the reduced-fare flights 2013 Event Apple Inc., may incur significant damages after a U.S. district court rules the company conspired to fix the prices of eBooks 2012 Event In India, a nationwide strike against rising gas prices closes shops and interrupts public transport across the country 2011 Event Oil prices hit $93 per barrel, a four-month low 2011 Event The United Nations releases a report stating world food prices are at the highest in 20 years 2011 Event The U.N. Food and Agriculture Organization reports that world food prices have reached a record high 2011 Event In an effort to suppress riots, the Algerian government cuts food prices and commits to punishing those responsible for the riots 2010 Event In a prolonged rally, gold prices reach a record-high price of $1,300/oz 2010 Event India is crippled as trade unions declare a general strike to protest a hike in fuel prices 1994 Event N.Y. Daily News increases prices to 50 cents 1994 Event Sony Theaters and Cineplex (New York City) hike movie ticket prices to $8.00 1986 Event World oil prices dip below $10 a barrel 1983 Event OPEC cut oil prices for 1st time in 23 years 1979 Event OPEC raises oil prices 24 percent 1978 Event OPEC raises oil prices 18% 1978 Event CBS raises LP prices to $8.98 1973 Event 6 Persian Gulf nations double their oil prices 1971 Event President Nixon announces 90-day freeze on wages, prices and rents 1850 Event Paul Julius Reuter, use 40 pigeons to carry stock market prices 1647 Event People's uprising against high prices and Spanish rule in Naples
