Morocco Oil bill slipped 62%
Menafn declared that Morocco’s crude oil imports in the year to May reached MAD 5.44 billion slipping 62% compared to the same period of 2008. For full story, click here
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Tag Archive | "May"
Reliance May Crude import surged 23% more
Thursday, June 18, 2009
Reliance Industries have imported about 23 percent more crude in May than a year ago, widening its crude slate as it made rare purchases of 28 and Marlim Light. For full story, click here
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Crude oil headed for $71.55 a barrel
Tuesday, May 5, 2009
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
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Light Sweet Crude settled at $52.17 per barrel
Monday, April 13, 2009
Light sweet crude oil for May settlement surged to $52.17 per barrel, up $2.79 for the session. For full story, click here
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India’s BPCL forecasted sweet and sour crude
Friday, April 10, 2009
India’s second-largest state-run refiner, Bharat Petroleum Corp. announced that it has issued a tender to purchase May-June loading sweet and sour crude. For full story, click here
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Oil Price Peaks And Slides
Monday, April 6, 2009
Oil prices vaulted 9 per cent in NY Thursday, in tandem with a powerful stocks rally, as investors cheered G20 agreements to combat the global downturn and an easing of US accounting rules. On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.
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Crude oil set for biggest rise since May
Wednesday, April 1, 2009
Crude oil surged, heading for its biggest monthly gain in almost a year, as equities rose and a weaker dollar enhanced the appeal of commodities. Jim Ritterbusch, president of Ritterbusch & Associates, stated: The fundamentals of the oil market have been shoved to the background as we focus on the stock and currency markets. For [...]
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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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Saturday, July 11, 2009