THE price of oil may soon hit $200 a barrel—or so, at any rate, believes Shokri Ghanem, Libya’s oil minister. A few years ago such a prediction would have seemed absurd. But the price has doubled in the past year and has risen by 40% this year alone. It touched yet another record, of over [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Double, oil and trouble
Posted by Matt in May 23rd, 2008 | no comment
Published in Oil, American Oil, Brazil, Cambridge Associates, Cambridge Energy Research Associates, Double Trouble, Economist, Economy, Energy Information Administration, Energy Research, International Energy Agency, Libya Oil, Oil Inventories, Oil Minister, Oil Price, Paris, Price Of Grain, Price Of Oil, Scandal, Senate Judiciary Committee, Senator Joe Liberman, Shokri Ghanem, Speculators, Unexpected Fall, Viewswire
Trouble in the pipeline
Posted by Matt in May 8th, 2008 | no comment
Published in Oil, Russia, Disruptions, iraq, LOST, Nigeria, Oil Industry In Russia, Oil Price, Pipeline, Pipelines, Price Of Oil, Saudi-Arabia, Turmoil
Russia’s oil industry
WHEN the price of oil reached another record on May 6th, of over $122 a barrel, analysts pointed to attacks on pipelines in Nigeria and turmoil in Iraq as the immediate causes. Even small disruptions to supplies from such places can cause the price to jump, since only Saudi Arabia has the capacity [...]
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