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Brent crude will hover around $ 100 a barrel for the next two years, a Reuters poll showed after analysts slashed their forecasts for the oil price to reflect ample supply and sluggish economic growth. Brent crude oil will average $ 107.60 per barrel
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Ariz. (AP) Known simply by the Marines who have attended it over the years as WTI, which stands for Weapons and Tactics Instructor course, it is also the only training of its kind, providing pilots, weapon system operators, ground combat and combat
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Crude tumbled almost $US4 in two days as more Americans than projected filed applications for unemployment benefits, raising concern that slower US growth may weaken fuel demand and boost supplies. Prices fell to a two-week low as jobless claims rose
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Deepwater Horizon incident the worst accidental oil spill in history...ExxonMobil pipeline ruptures On March 29, ExxonMobil's 940-mile Pegasus crude oil pipeline ruptured near Mayflower, Ark. a town some 25 miles northwest of Little Rock. According
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Gasoline prices are shown at a gas station in Del Mar, California March 9, 2011. HO contracts have been trading in a sideways range over the last week or so...Overall the entire oil complex has moved away from the strong downside correction that was
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New York's main contract, West Texas Intermediate (WTI) crude for delivery in April, added 48 cents on Monday's price to end at US$92.54 a barrel. But in London, Brent North Sea crude for April lost 57 cents to US$109.65 a barrel. An uncertain
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A pump jack draws oil from the ground near a hydraulic fracturing operation near Bowden, Alta. For The Globe and Mail Energy The bull and bear bronze statue stands outside the stock market, Deutsche Boerse AG, in Frankfurt, Germany. AP Stocks Energy
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A tale of two regions There's another side to the bitumen bubble that's costing Alberta dearly: Higher-than-normal gasoline prices that are costing eastern Canadians dearly. Dufferin Mall, one of the properties in the Primaris portfolio, is seen in
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These days everybody wants to extol the virtues of rising U.S. domestic crude oil production. From decades of increasing reliance on foreign providers, some hardly sympathetic to American interests, the new prospect of having significant
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Flickr/Jeremiah Richards As has been the case for the last several months the direction of Nat Gas prices is simply all about the weather. The first half of the winter heating season has been milder than expected and inventory withdrawals have mostly
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