active 3 months, 4 weeks ago
OilPrice.com's Activity
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OilPrice.com wrote a new blog post: Nigeria’s Controversial Oil Industry Bill 2 days, 5 hours ago
Nigeria’s controversial oil industry bill is expected to eventually pass but the government may find it tough to later shift gears as international oil firms targeted under the legislation scale back their investments.
The Nigerian parliament is debating the Petroleum Industry Bill, an attempt at oil-sector reform in which Abuja can negotiate “downward” a foreign firm’s [...]
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OilPrice.com wrote a new blog post: Crude Prices Stagnate Amid Doubts About Global Demand 4 days, 23 hours ago
Oil Market Summary 03/08/2010 to 03/12/2010
Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the week, with the benchmark West Texas Intermediate settling on Friday at $81.24 a barrel, compared with $81.50 a week ago.
Not even relatively bullish forecasts for oil [...]
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OilPrice.com wrote a new blog post: U.S. Jobs Data Propels Crude Oil Above $80 a Barrel 1 week, 5 days ago
Oil Market Summary for 03/01/2010 to 03/05/2010
Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.
An unchanged unemployment rate of [...]
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OilPrice.com wrote a new blog post: Iraqi Elections Likely To Further Delay Access To Kirkuk’s Reserves 1 week, 5 days ago
The elections in Iraq on March 7, 2010, are likely to serve as an important indicator of the prospects for a resolution of the long-running dispute over the administration of the ethnically mixed and resource-rich province of Kirkuk in the north of the country.
The Iraqi Kurds have repeatedly called for Kirkuk to be transferred to [...]
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OilPrice.com wrote a new blog post: Yemen’s Push Into the Gas Sector 2 weeks ago
With Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more thought should be given to carving out the country’s post-petroleum era.
The infamous Christmas Day bomber’s attempts to blow up a jet approaching Detroit – which [...]
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