Oil Rises On Sharp U.S. Gasoline Draw, Libya
Reuters reported that US crude oil prices are up on the crisis in Libya and lower US gas stockpiles.
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Tag Archive | "libya"
Oil Prices to be Volatile
Monday, March 28, 2011
Oil prices eased modestly early on March 28 after advancing rebels in Libya announced that they would be able to resume crude exports in a week and Qatar promised to help them market their product on world markets.The price remains 8 percent higher than it was a month ago, and 30 percent higher than a year ago, challenging global economic recovery.
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Oil Industry Impact from Earthquake in Japan
Monday, March 14, 2011
Spot market oil prices fell to a two-week low in New York on speculation that the worst earthquake in Japan’s history will hurt growth and reduce fuel demand in the world’s third largest economy.
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Middle East and North African Tensions Push Oil Prices Higher, Posing Recession Threat
Thursday, March 3, 2011
The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Top Oil Producer Targeting Assets in India
Monday, February 21, 2011
BP and Reliance Industries intend to create a joint commercial interest to purchase, transport and market oil and natural gas. This partnership could prove important for the Indian economy.
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Libya is keen on Cyprus Oil and Gas Exploration Bid
Wednesday, April 29, 2009
Libya’s top oil official declared that his country is keen to invest in oil-and-gas exploration off Cyprus’ southern coast. For full story, click here
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Benchmark: Troubled waters
Monday, September 29, 2008
Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s $700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than $10 of their value during the day, dropping to $96.37 per barrel.
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Verenex discovers oil in Libya
Wednesday, July 30, 2008
Canada based Verenex Energy Inc., a Canada-based has confirmed oil discovery in Ghadames Basin in Libya. For full news, click here
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Libya restarts oil deliveries to Switzerland
Wednesday, July 30, 2008
Libya has resumed oil deliveries Switzerland which were stopped last thursday due to diplomatic row. Click here for full story
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Wednesday, April 13, 2011