Friday, January 22nd, 2010
Oil prices today rose above $78 a barrel following strong Chinese growth data that counterbalanced the World Bank's bleak outlook for the global economy.
For the new March delivery front-month contract, ...
Monday, January 18th, 2010
Libya's revenues at the Central Bank of Libya (BCL) over the first eight months of 2009 were US$22.4 billion as against US$42.7 billion over the same period in 2008, a ...
Friday, November 6th, 2009
Total, Europe’s third-biggest oil producer, increased output for the first time in more than a year after ramping up Nigeria’s Akpo oilfield and Tahiti in the Gulf. Statoil, the world’s ...
Tuesday, July 28th, 2009
Eni SpA, Italy’s largest oil refiner, ended export restrictions on shipments of Nigeria’s Brass crude, the second indication in as many days that the security situation in Nigeria is easing. ...
Wednesday, April 29th, 2009
)))))Oil prices extended losses and fell towards $49 a barrel on Wednesday, as fears that the swine flu outbreak could dent fuel demand were further exacerbated by fresh worries about ...
Tuesday, April 28th, 2009
)))))Oil prices fell below $49 on Tuesday, extending Monday's losses as declines on global stock markets heightened expectations of a further drop in demand for oil products.
US oil futures fell ...
Monday, February 2nd, 2009
Nigerian oil workers threaten to stop oil export over suspected corruption
Nigerian oil workers in the Department of Petroleum Resources (DPR) has vowed to shut down Nigeria's 21 crude oil export ...
Monday, July 7th, 2008
Algiers, July 6 (Xinhua) The oil prices are likely to increase further, largely due to a weak dollar and geopolitics, Chakib Khelil, president of the Organisation of Petroleum Exporting Countries ...
Monday, June 23rd, 2008
jeddah - Secretary-General Ban Ki-moon has welcomed the decision by Saudi Arabia’s King Abdullah to convene a meeting of the world’s major oil producers to discuss ways of dealing with ...
Monday, June 23rd, 2008
Jeddah - An energy meeting, focusing on rocketing oil prices, concluded Sunday in Saudi Arabia's Red Sea city of Jeddah, with a statement calling for "improved" transparency and regulation in ...
Thursday, June 12th, 2008
Violence in Nigeria (Niger Delta)
Iraq War
Venezuela Crisis with Oil conglomorates and the US
OPEC’s inability to do anything.
- Some feel the assassination of the former Pakistani Prime Minister Benazir Bhutto increased ...
Wednesday, March 19th, 2008
Krishnadev Calamur, Washington (UPI) Mar 18, 2008, With the plummeting dollar, geopolitical uncertainty and investor speculation all being blamed for soaring oil prices, it is unclear whether U.S. Vice President ...