Venezuela wants OPEC to keep oil prices
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By: dudedragon
People need to get a grip on their-selves... This whole "economy crashing" thing is so overrated. I mean just last year everyone was complaining about how the gas prices were so bad and now, after the oil companies lowered the prices and then raised them back to where they were, everyones fine with the $3 gas prices.
14 days ago
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Government to control the price rise of essential commodities
By: chnarendra
The Government has taken a number of short term and medium term measures to improve domestic availability of essential commodities and moderate inflation. It has procured a record 58.53 million tonnes of food grains (33.30 million tonnes of rice & 25.23 million tonnes of wheat) as ...
14 days ago
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By: 481204chris
The Miami Herald published the following article last night; it makes interesting reading, because you could just as well substitute South Africa for Venezuela: “Turn out the lights, shorten the shower to three minutes, buy a portable generator. That is President Hugo Chavez's message to the citizens of energy-rich ...
about 1 month ago
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Oil falls below $79; U.S. inventory in focus
By: dustgeer
Oil dipped below $79 a barrel on Thursday as an expected hike in U.S. crude stocks outweighed both a weak dollar near 15-month lows and an IEA report that said global oil demand will return to growth this quarter.Delayed weekly inventories data out of the world’s largest fuel consumer the United States are set to show a 700,000 barrel rise ...
19 days ago
- News Source: Press TV | 27 days agoAngola and press for oil prices to be kept in a range of 70-80 dollars, Energy Minister Rafael Ramirez says. "We have to be very cautious and not go in pressuring for decisions to be made on increasing output unless the market fundamentals require it,...
- News Source: Sify News | 28 days agoRafael Ramirez told an oil conference on the island of Margarita that Venezuela's capacity should rise from 3.0 million barrels per day now to 4.25 million bpd by 2015. That is a significant reduction from a previous target, set in 2008, of 4.9...
- Blog Source: www.theoildrum.comTony Hayward said that there is “no industrial logic at all” to the type of big-ticket takeovers that transformed the industry a decade ago. The industry will be defined instead by partnerships between the big companies and the new ...
- Blog Source: caracasgringo.wordpress.comPdvsa's effective crude oil production capacity has dropped to about 2.3 million b/d at best, compared with over 3.5 million b/d in 1998. Venezuela's domestic gas deficit now averages over 1.5 billion cubic feet per day compared with 1.2 billion cf/d
- Blog Source: www.bearmarketinvestments.com“Between the first and second OPEC oil shock, which was a period of great increase in oil prices, there was massive trade diversion away from transatlantic and transpacific trade and towards regional trade,” said the author of the bestselling Why
- Blog Source: www.theoildrum.com(Bloomberg) -- Crude oil, which has risen 80 percent this year, is causing the U.S. dollar to weaken, driving metals and other commodities higher, according to Jeffrey Currie, head of commodity research at Goldman Sachs Group Inc. ... The U.S.
- Blog Source: www.zerohedge.comThis is part of the global rebalancing (and probably the part that is working best!). There is more domestic production in USA than in 2008, so there is less import and demand to recycle USD. The SAK oil minister has indicated recently ...
- Video Source: www.truveo.comOil Outlook: Crude Oil ...Video Source: www.truveo.comOil Outlook: Crude Oil Supplies May Be Reduced by Next OPEC Meeting
- Video Source: www.truveo.com
- Video Source: www.truveo.com
- Video Source: www.truveo.comIn-Depth Look - OPEC Keeps ...Video Source: www.truveo.comIn-Depth Look - OPEC Keeps Production Quotas Steady
- Video Source: www.truveo.comOil Outlook - Will OPEC Cut ...Video Source: www.truveo.comOil Outlook - Will OPEC Cut Production This Weekend?
- Video Source: www.truveo.comVenezuelan President: OPEC Is ...Video Source: www.truveo.comVenezuelan President: OPEC Is Willing To Ccut Production; Saudi To Pump ...
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