forex news Iraq is capable of producing 6.5mbpd of crude oil by 2015 Administrator Mar 3, 2012 0 International Energy Agency said on Wednesday that Iraq is capable of more than doubling its crude oil production…
forex news U.S. Oil falls as the concerns about Saudi’s supplies decrease Administrator Mar 3, 2012 0 The prices of crude oil futures’ contracts in the U.S. decreased by about 2% on Friday, as a result of decreasing…
forex news China’s Unipec buy 100,000 barrel of Libyan oil daily for 2012 Administrator Mar 1, 2012 0 The Chinese Company “Unipec” has agreed to buy about 100,000 barrels of crude oil per day from Libya under a term…
forex news Brent exceeds 122 Dollars as financial markets gain Administrator Feb 29, 2012 0 Crude oil exceeded 122 $ on Wednesday after two days of losses following the gains in financial markets as a result…
forex news Brent falls as investors take profits Administrator Feb 27, 2012 0 According to Reuters: Crude Brent futures fall a dollar per barrel on Monday to halt five days of…
forex news Iran Sanctions Tightening as OSG to Frontline Halt Shipping Nation’s Crude Administrator Feb 14, 2012 0 Sanctions on Iran are tightening after Overseas Shipholding Group Inc., Frontline Ltd. and owners controlling more…