Posts Tagged ‘crude’

Friday Oil Price Settles at Just Around $40 – Return to $1 gas?

Written on December 6th, 2008 by
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Oil prices hit four-year lows Friday as employers cut the highest number of jobs in 34 years. The continuing decline in prices is so dramatic and so sudden that it is raising the prospect that gas prices could soon fall below $1 a gallon.....On Friday,... Read More | Share

Oil futures hits $1000

Written on January 2nd, 2008 by
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Crude Oil Futures are quoted in dollars and cents per barrel.Read More: Read More | Share

Oil eases from 11-month high; eyes Nigeria, N.Sea

Written on July 10th, 2007 by
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SINGAPORE (Reuters) - Brent crude oil eased on Tuesday after a seven-day rally lifted prices to their highest in 11 months, but losses were limited by fears of further violence in No. 8 exporter Nigeria and looming North Sea maintenance. London Brent... Read More | Share

Nigeria is totally dependent on imported petroleum products, says official

Written on January 26th, 2007 by
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Nigeria, Africa's largest oil producer, now depends 100 percent on imports of petroleum products due to the closure of its three refineries and vandalisation of pipelines, officials said. The Nigerian National Petroleum Corporation (NNPC) said in a... Read More | Share

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