Home Posts Tagged "oil prices"

oil prices

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Eni CEO Claudio Descalzi announced the oil giant will invest 7 billion euros ($8.6 billion) in Algeria over the next three years. Together in …

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Finance ministers of the Group of Seven (G7), world’s leading industrialized economies, called on oil-producing countries to increase output to ensure market is supplied enough. International Energy Agency (IEA) was asked to release strategic reserves. As it was stated by finance ministers of the G7, West was ready to use strategic oil reserve to get under control rising oil prices.

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This year end has seen a rise in the prices of crude oil for the sixth day, adding 0.1% or 11 cents to $101.45 a barrel on Globex during Asian trading hours. This has been the highest level for crude oil in the past six months.

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This year saw a lot of action in the energy industry: the Fukushima crisis, the growth of solar energy alongside the collapse of Solyndra, …

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Yesterday, September 11th 2011, marked the 10th anniversary of the terrorist attacks that brought down the World Trade Centre, killed over 3000 people, shook …

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The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in …

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