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Crude prices drop over $9 in two days
Is there too much money going in and out of markets too quickly? Are markets just too sensitive to world stories? Are too many investors only thinking about making a quick buck today and not thinking about one year or five years from now? Are markets becoming too sensitive,...“The High Oil Price Deception”
BusinessMirror newspaperManila, PhilippinesEvery time you read the newspaper or listen to the TV or radio, you are being deceived. Every time you put gasoline in your car, you might be a victim of a global 1-2-3 swindle. Every time you nod your head in agreement that oil...Mars Lander Discovers Oil
"PASADENA, CA - NASA's Phoenix Lander, while searching for frozen water and organic compounds on the Martian surface, discovered today what appears to be crude oil instead. A secondary experiment, built by the...
Oil Prices tumble below $143
After continuously increasing for many weeks now fuel prices for the first time prices have fallen down. Stronger dollar is also helping in reducing the crude price. dollar has appreciated against major currencies.... NowPublic Oil-O-Meter
Oil prices are going crazy and NowPublic is monitoring their fluctuations in real time. Have you heard about another price hike? Post updates or relevant photos here, scan Twitter for news, follow price projections,... U.S. holds navy exercise after Iran comments on Gulf
Things are heating up in The Gulf. The issue, as I understand it, hinges on the capability's of the Iranian missiles. With the help of the Chinese, the Iranians reportedly have acquired missile technology... A New National Speed Limit?
Sammy Hagar will not be happy as Senator John Warner calls for a new national speed limit to combat high fuel prices in the US.Motorists, let us know in the polls: would you be in favor of a new speed limit, or can... Bush's Iraq U-turn
Obama isn't the only politician who does U-turns on Iraq. McCain was the only honest one stating he wants troops in Iraq for a hundred years...."Out of the question. Don't be silly. Never was a factor. Such are the... Yudhoyono says world oil price could reach US$200 per barrel
Indonesia President now as economic analyst, too." "The world crude oil price could well reach US$160 to US$200 per barrel," the head of state said. The president said the government recently increased domestic fuel oil prices by an average of 28.7 percent as it had...Indonesian bourse unlikely to rebound in 3 - 6 months due to oil cost, inflation
"As one of Asia's best performing markets in 2007, the Indonesian bourse has so far this year been struggling to revisit its record peak, but analysts believe it is not going to happen within the next three to six months. Soaring oil prices, which forced the government to...House can now summon anybody involved in oil industry, trade : legislator
""It means the House now has the authority to investigate the government`s policies on the management of fuel oils , including its policy of raising the fuel oil prices by 28.7 percent last May," he said. Through the inquiry, it was hoped the government`s policies on the...Int`l network suspected behind hijacking of CPO-carrying tanker
"Navy Col Hadi Susilo, commander of the Tarakan naval base, said nine of the 11 suspects were nabbed last Saturday (June 21) in a hotel in Tarakan and the remaining two on Sunday (June 22) also in Tarakan.Five of the arrested men were members of the tanker`s crew who might or...Oil climbs 1%, Saudi pledge fails to halt rally
Even the world's biggest oil producer cannot stop the surge in oil prices--it is becoming clearer that speculation is the strongest force out there. " Oil rose nearly 1.0 percent Monday, as escalating tensions between Israel and Iran stoked supply... U.S. Energy Boss: Not Speculators, Shortages the Blame for Oil Prices
OpinionBarry Artiste, Now Public ContributorThe U.S. Energy Boss blaming shortages and not speculators driving up oil prices certainly must be the same slick oil salesmen who has Prime Swamp land in Florida for... Saudi Arabia Increases Oil Production To 9.7 Million Barrels Per Day
"King Abdullah has agreed that his country will increased output to 9.7 million barrels a day as he opened a summit on the soaring international price of crude."
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