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Friday, November 21st, 2008

Posts Tagged ‘ Opec Nations ’

Oil Exports Down

May 29th, 2008 | By Dave Gonigam | Category: Oil Investment & Alternative Energy

Could someone notify our clueless congresscritters? Fresh data from the U.S. Department of Energy show the amount of petroleum products shipped by the world’s top oil exporters fell 2.5% last year, despite a 57% increase in prices, a trend that appears to be holding true this year as well.

Tags: China energy consumption, Energy Demand, Energy Information Administration, oil, Oil Exporters, Oil Exports, Opec, Opec Nations, Petroleum Products, U S Energy, United Arab Emirates
Posted in Oil Investment & Alternative Energy | No Comments »

Oil Prices Near $133 After Nigerian Attack

May 27th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Oil prices gained a dollar today to approach last week’s record high of $133 a barrel after Nigerian rebels blew up a pipeline belonging to Royal Dutch Shell, forcing it to cut production. This from the Financial Times:

Crude prices jumped on Monday in electronic trading as news of the attack broke, but analysts said the impact on prices spilled over into Tuesday, when exchanges on both side of the Atlantic re-opened after the long weekend.

Tags: Alberta Oil, Canadian Oil, Crude Prices, Daily Reckoning Australia, Energy Companies, Energy Sources, Nigerian Rebels, oil, Oil Mining, Oil Prices, Oil Reserves, Oil Sands, Opec, Opec Nations, Royal Dutch Shell, War In Iraq
Posted in Featured, Financial News | No Comments »

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