Crude Oil News
Global Economy Gets Gas Prices Lower
Friday, 12 August 2011 18:23
According to the Energy Intelligence blog, today's energy development has a great impact on the crude oil prices, which influences also the gas and fuel prices. On Tuesday, crude oil reached $79 per barrel. The last time the WTI showed this value was last September.
Gasoline Prices and the average consumer
Last Updated on Wednesday, 10 August 2011 10:00 Wednesday, 10 August 2011 09:37
Crude oil showed such high prices this year, like never before. This expensive barrels of around $100.00 have also a big influence on the gasoline and fuel prices.
China and Iran
Last Updated on Wednesday, 10 August 2011 10:00 Tuesday, 09 August 2011 09:11
If we think about the last events of the past months, we can speak about a new world's largest consumer 2010, which is China. As the annual BP Statistical Review of World Energy announced, China's energy consumption over-exceeded the consumption of the United States. It reached officially the state of the world’s largest energy consumer in 2010, and also the carbon emissions levels showed up new highs.
How Politics Change the Oil Prices
Friday, 05 August 2011 17:13
The last 8 months of 2011 were full of action. Economy analytics and experts talk about a versatility, that haven't been experienced since the Iraq war in 2003.
Crude Fights between Egypt and Israel
Friday, 05 August 2011 16:06
The fight between this two countries of the Near East, Egypt and Israel, is part of the history. The religious and the political points of view were always a great cause for their misunderstanding. But now, this fight influences also the industry and economy of both nations.