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Crude oil for September 2009 delivery traded at $71.19 a barrel on the New York Mercantile Exchange ;London Brent traded at $74.79 a barrel on London’s ICE Futures Europe exchange ;energy crunch that could cripple a global economic recovery ; Shell has hit gas in the Concerto-1 well

Sunday, August 9th, 2009

The world is heading for a catastrophic energy crunch that could cripple a global economic recovery as key oil fields pass peak production, the International Energy Agency's (IEA) chief economist ...

Crude oil for August 2009 delivery up $0.50, or 0.8%, to $60.19 a barrel ;London Brent up $0.62, or 1%, to $61.31 ; EU member states and Turkey have signed a transit agreement

Tuesday, July 14th, 2009

 Pemex (Petroleos Mexicanos) will invite contractors to take part in bidding for the Coridon natural gas project Burgos region in northern Mexico. The company said that it could take four months ...