Tag Archive | "robust"

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.

Robust Stockpiles of oil around the world

Thursday, August 21, 2008

There are enough stockpiles of oil around the world that could see us through any foreseeable calamities on the world market. For more information, click here

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