Total SA, Europe’s third-largest oil producer, declared second-quarter earnings dipped 54 percent as the global recession eroded energy demand, causing crude prices to drop. For full story, click here
Continue reading "Total SA profit dipped 54% on lower Crude Prices"
Tuesday, August 19, 2008
Crude oil prices dipped near 110 dollars on Tuesday as Tropical Storm Fay avoided oil and gas production facilities in the Gulf of Mexico, reducing worries about supply constraints due to closure of production facilities. Sucden analyst Andrey Kryuchenkov said: Crude prices were lower, extending losses from yesterday (Monday) as fears over a tropical storm in the [...]
Continue reading "Oil prices dipped close to $110 per barrel"
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Thursday, July 30, 2009