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According to the Vienna-based cartel, weekly average prices on oil of the Organisation of Petroleum Exporting Countries (OPEC) climbed up to $122.87 per barrel. From the last weekly report, the price rise has been recorded the highest since July 2008. … Continue reading
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Once upon a time, there was a distinct line between going to vote and going to church. Back in those days, politics might be mentioned in church, but it was just a mention. Politicians have always...
 
For anyone who reads this column with any consistency you know that I have long advocated drilling here in North America to avoid buying oil from enemies and potential enemies as part of a two prong...
 
This paper examines the impact of oil price changes on global economic growth. Unlike some recent studies, this paper finds that oil...
 
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Curacao airpot view
Curacao is the paradise island of many a holiday brochure. Its pristine white sand beaches and turquoise sea coupled with excellent diving and a historic capital listed as a Unesco World Heritage Site...
 
A worker filling petrol in a car at an oil station, India
Why Twenty-First Century Oil Will Break the Bank -- and the Planet Cross-posted with TomDispatch.com Oil prices are now higher than they have ever been -- except for a few frenzied moments before the...
 
Iranian oil workers work at Tehran's oil refinery, Iran, Saturday, Nov. 17, 2007. Iran's president said Saturday that the Organization of Petroleum Exporting Countries is "under heavy economic and political pressures" and that the oil prices are below its real value, state-run-news agency reported.
Kuwait - South Africa hopes to have a plan by the end of May for replacing Iranian crude that currently makes up a quarter of its crude imports, energy minister Dipuo Peters told Reuters on Tuesday....
 
Raymond Pereyra, of Attleboro, Mass., pumps gas at the Ell-Bern service station, Tuesday, March 10, 2009 in Boston. Crude prices gave up early gains after the government again lowered its forecast for global energy demand Tuesday and said average oil prices for this year will likely be below current levels on average. (AP Photo/Lisa Poole)
Oil prices hovered above $106 a barrel on Thursday in Asia as investors remain skeptical that tensions over Iran nuclear program will ease soon. Benchmark oil for April delivery was up 21 cents to...
 
Workers busy serving customers in a Shell petrol station in Nabunturan, Compostela Valley Province, Philippines.
THE City Council’s committee on energy will be conducting a consultative meeting today, Thursday, to hear and gather suggestions and opinions of all stakeholders on the continuing oil price increase....
 
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In recent months, the United States and the European Union have tightened financial sanctions on Iran in an attempt to force the nation to scale back its efforts to enrich uranium. Since the tightened...
 
 Jazeera_airways - kuwait airlines - hires - am1
Dubai: Jazeera Airways will add a fuel surcharge to its ticket prices in two weeks to offset the impact of high oil prices, according to the budget airline's top executive. "We have already...
 

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