3:11
How Oil Prices Affect the Economy: Calling for a Third Industrial Revolution
Why are oil prices rising and costs going through the roof? Seems like every time the econ...
published: 30 Apr 2012
author: epipheo
How Oil Prices Affect the Economy: Calling for a Third Industrial Revolution
Why are oil prices rising and costs going through the roof? Seems like every time the economy starts to get stronger, oil prices go way up, and then the economy crashes again. In his book The Third Industrial Revolution, Jeremy Rifkin reveals the truth about the tie between our economy's health and gas prices. Epipheo thought we'd help spread the word about why energy, power, and gasoline can cost so much money and be so expensive. Find out more about Epipheo here: www.epipheostudios.com Learn more about Jeremy Rifkin's ideas here: www.foet.org Watch our WHAT IS US DEBT (PART 1) video here: www.youtube.com SUBSCRIBE to all of our awesome videos: www.youtube.com LET'S CONNECT! twitter.com www.facebook.com plus.google.com Further Resources: Things Made from Oil that we use daily: www.pbs.org
published: 30 Apr 2012
views: 130888
7:32
WHO CONTROLS OIL PRICES?
This video will tell you who controls oil prices and one of the reasons USA wants to attac...
published: 08 Jun 2008
author: jbreezes
WHO CONTROLS OIL PRICES?
This video will tell you who controls oil prices and one of the reasons USA wants to attack Iran. Supply and demand or shortages is NOT the cause of rising oil prices. For anyone aware that I had gotten an email from Out-There_TV; I was told by them after I wrote tham back, that one here and there is okay to put up as long as we don't put up a whole series.
published: 08 Jun 2008
author: jbreezes
views: 23955
1:09
Oil Prices forecast for the week of October 29, 2012, Technical Analysis
www.fxempire.com - October 29, 2012 commodity weekly technical analysis for the Oil commod...
published: 27 Oct 2012
author: FXEmpirecom
Oil Prices forecast for the week of October 29, 2012, Technical Analysis
www.fxempire.com - October 29, 2012 commodity weekly technical analysis for the Oil commodity. Find more information about Forex and Commodities News (www.fxempire.com Technical Analysis (www.fxempire.com Fundamental Analysis (www.fxempire.com and Brokers (www.fxempire.com on FX Empire (www.fxempire.com
published: 27 Oct 2012
author: FXEmpirecom
views: 179
1:31
Gas prices could rise because of Sandy
Just when we were starting to see some relief at the pumps Hurricane Sandy could cause gas...
published: 29 Oct 2012
author: wwlp
Gas prices could rise because of Sandy
Just when we were starting to see some relief at the pumps Hurricane Sandy could cause gas prices to go up.
published: 29 Oct 2012
author: wwlp
views: 35
27:06
Jeffrey Rubin On Why High Oil Prices Stop Growth
In his new book "The End of Growth", economist Jeffrey Rubin says that the end of cheap oi...
published: 26 May 2012
author: AllanGregg
Jeffrey Rubin On Why High Oil Prices Stop Growth
In his new book "The End of Growth", economist Jeffrey Rubin says that the end of cheap oil will mean the end of growth. He explains the impact high oil prices have on the economy as they cause higher inflation and interest rates, thereby pushing the country into a recession.
published: 26 May 2012
author: AllanGregg
views: 1601
23:40
CrossTalk: Crude Crisis
How high is high? Western moves and Iranian counter moves are impacting the price of crude...
published: 27 Feb 2012
author: RussiaToday
CrossTalk: Crude Crisis
How high is high? Western moves and Iranian counter moves are impacting the price of crude oil -- and that impact is higher prices at the pump. Other than the very important issues of security and the possibility of war, how could high oil prices impact fragile economies in the developed world (EU and the US)? How could the oil price play out in elections where voters are deeply divided? Is the global economic recovery too weak to be play politics with crude oil prices? CrossTalking with Ferdinand Banks, Sohbet Karbuz and Kurt Cobb. CT on FB: www.facebook.com
published: 27 Feb 2012
author: RussiaToday
views: 5605
3:21
WAR with IRAN to cause 30% OIL PRICE shock, IMF Warns - (Sanctions, China, Japan, India)
WAR with IRAN to cause 30% OIL PRICE shock, IMF Warns - (Sanctions, China, Japan, India) A...
published: 21 Mar 2012
author: TechbyTigz
WAR with IRAN to cause 30% OIL PRICE shock, IMF Warns - (Sanctions, China, Japan, India)
WAR with IRAN to cause 30% OIL PRICE shock, IMF Warns - (Sanctions, China, Japan, India) A sudden cut of oil flow from Iran may cause a surge of crude prices of up to 30 per cent, dealing a blow to the world economy, warns IMF chief Christine Lagarde. The continuing standoff between Iran and the West may result in "serious consequences" for the world Lagarde, executive director of the International Monetary Fund, said Tuesday. "Clearly it would be a shock to economies if there was a major shortage of exports of oil out of Iran, it would certainly drive up prices for a period of time," she told the media. The IMF chief estimates that a sudden disruption of oil flow from the world's second-largest exporter may cause the price to surge by 20 to 30 per cent. Benchmark crude prices have risen 7 per cent this year alone, as traders monitor the mounting pressure on Iran. US contemplates petroleum penalties The tension was somewhat deflated after the US said it would exempt 10 European nations and Japan from penalties for trading oil with Iran. All of them sided with American sanctions against Tehran's oil industry and took steps towards reducing import from the Islamic Republic. "We commend these countries for their actions and urge other nations that import oil from Iran to follow their example," US Secretary of State Hillary Clinton said as the exemption was announced. At the same time the US has a list of 12 countries which failed to join the sanctions and thus may be ...
published: 21 Mar 2012
author: TechbyTigz
views: 1210
21:38
Peak Oil - Oil Prices Need to Double in a Decade
Michael Kumhof explains the International Monetary Fund (IMF) Research Department's new, s...
published: 17 Aug 2012
author: Ian McPherson
Peak Oil - Oil Prices Need to Double in a Decade
Michael Kumhof explains the International Monetary Fund (IMF) Research Department's new, strikingly more accurate, oil supply/price/demand prediction model, and says that according to the model oil prices will need to double in a decade to grow world oil production by 0.9%, in line with published EIA predictions*. The world economy could not cope with a doubling of oil prices, which begs the question of whether world oil production can be increased at all, at a price that anyone can afford. Kumhof is very careful to stress the uncertainties surrounding the IMF's predictions, but brings the world a message that any reasonable growth in world oil production will be accompanied by serious episodes of demand destruction. Sourced from the Institute of International & European Affairs: www.iiea.com Download the IMF Working Paper from here: www.imf.org *It should also be noted that the Working Paper does not represent the official views of the IMF. This is normal with IMF Working Papers.
published: 17 Aug 2012
author: Ian McPherson
views: 2926
2:16
Cramer: Oil Stocks Indicate Lower Oil Prices Coming
Cramer: Oil Stocks Indicate Lower Oil Prices Coming...
published: 21 Jun 2012
author: TheStreetTV
Cramer: Oil Stocks Indicate Lower Oil Prices Coming
Cramer: Oil Stocks Indicate Lower Oil Prices Coming
published: 21 Jun 2012
author: TheStreetTV
views: 131
6:08
Gas Prices & Oil Speculation
Senator Bernie Sanders describes the current trend of excessive oil speculation on Wall St...
published: 21 Mar 2012
author: SenatorSanders
Gas Prices & Oil Speculation
Senator Bernie Sanders describes the current trend of excessive oil speculation on Wall Street. For more information, please visit: www.sanders.senate.gov
published: 21 Mar 2012
author: SenatorSanders
views: 5473
23:00
Soaring Oil price & weakening US economy-On the Edge with Max Keiser-03-23-2012
In this edition of the show Max interviews Chris Cook; a former oil market regulator. Chri...
published: 24 Mar 2012
author: PressTVGlobalNews
Soaring Oil price & weakening US economy-On the Edge with Max Keiser-03-23-2012
In this edition of the show Max interviews Chris Cook; a former oil market regulator. Chris Cook is an independent energy analyst and a former oil regulator who has the latest on energy markets. He talks about the soaring oil prices and its impacts on the weakening US economy. He argues that the US market is in a free fall and the US has piled debt on debt. He also comments on the role of investment banks like JP Morgan and Goldman Sacks, and the military threats against Iran on the oil price. Watch this video on our Website: www.presstv.com Follow our Facebook on: www.facebook.com Follow our Twitter on: twitter.com
published: 24 Mar 2012
author: PressTVGlobalNews
views: 12930
2:55
OPEC tries to stem oil price fall
CNN's John Defterios reports on what prompted an oil price plunge ahead of the OPEC summit...
published: 13 Jun 2012
author: CNN
OPEC tries to stem oil price fall
CNN's John Defterios reports on what prompted an oil price plunge ahead of the OPEC summit in Vienna. For similar videos, check these out too! www.youtube.com www.youtube.com
published: 13 Jun 2012
author: CNN
views: 511
28:02
Chris Martenson on what Job Numbers, the Fed, and a Drop in Oil Prices are Hiding!
check us out on Facebook www.facebook.com Follow us @ twitter.com twitter.com Welcome to C...
published: 05 Oct 2012
author: CapitalAccount
Chris Martenson on what Job Numbers, the Fed, and a Drop in Oil Prices are Hiding!
check us out on Facebook www.facebook.com Follow us @ twitter.com twitter.com Welcome to Capital Account. The ECB plans to use its unlimited bond buying program, known as OMT, to buy sovereign bonds for one or two months and then suspend purchases during an assessment period, according to Reuters. Attempts to reflate the global credit supply have truly reached new levels. The central bank has gone from traditional monetary policy of setting interest rates, to buying US treasuries and government agency debt, to then buying mortgage backed securities to bolster the housing market. All this is done under the guise of the Fed's "dual mandate" of promoting full employment and price stability. And yet, the only thing central bankers have managed to achieve as they break the laws of physics is to inverted time and space and suck whatever duration is left out of the bond market. To help us contemplate life after the death of interest rates and the credit system, we talk to Chris Martenson, author of "The Crash Course." Among other things, we ask Dr. Martenson how he thinks the issue of credit expansion is compounded by global energy resource depletion and population growth. Meanwhile, August consumer credit rose more than forecast according to the Fed. The 18.12 billion dollar rise, the most in three months, was driven by borrowing for education and automobiles. We ask Chris Martenson, if this a sign that the credit bubble is reflating or if we are we past the deflationary point ...
published: 05 Oct 2012
author: CapitalAccount
views: 12193
4:46
Market Pulse: Oil price rise unsustainable
Oct. 11 - Oil prices push higher but Reuters' Chris Johnson says his sources don't think t...
published: 11 Oct 2012
author: ReutersVideo
Market Pulse: Oil price rise unsustainable
Oct. 11 - Oil prices push higher but Reuters' Chris Johnson says his sources don't think the rally will last due to the prospect of weakening global demand.
published: 11 Oct 2012
author: ReutersVideo
views: 115
Vimeo results:
1:03
Gas Signs Truth in Advertising.
These signs were put up around Los Angeles as a public art piece....
published: 29 Sep 2008
author: Donny Miller
Gas Signs Truth in Advertising.
These signs were put up around Los Angeles as a public art piece.
50:00
How to Create Realistic Outdoor Lighting in Blender
Blender tutorial http://www.blenderguru.com/how-to-create-realistic-outdoor-lighting/
In ...
published: 12 Apr 2011
author: Andrew Price
How to Create Realistic Outdoor Lighting in Blender
Blender tutorial http://www.blenderguru.com/how-to-create-realistic-outdoor-lighting/
In this tutorial you will discover:
* How to create realistic outdoor lighting
* How to model and texture oil barrels
* How to create bounce lighting
5:10
farzana+shameer - ken + barbie, meet bollywood.
LATEST UPDATES - 2012 international educational schedule will be constantly updated in the...
published: 02 Aug 2010
author: Michael Y Wong
farzana+shameer - ken + barbie, meet bollywood.
LATEST UPDATES - 2012 international educational schedule will be constantly updated in the upcoming months (bottom of post). thank you.
added boracay, philipines july 2012. http://mayadacademy.com/
//
k where do i begin?!!
this summer has been incredibly busy, from vancouver, to miami, to sydney, to hawaii, to niagara falls (haha k this is only a 200km drive) shooting weddings, teaching workshops, shooting corporate promos + commercials and of course shooting more weddings.
things are taking longer then expected but b4 i launch my website + 2010 highlights; i want to quickly share with you the first ever myw multi day south asian wedding that i attended this past weekend.
while i've had the oppurtunity to shoot hindu and sikh indian weddings in the past this was the first time i've shot a 5 day (yes 5 day) Ismaili wedding; and i sure had a TON of learning to do. I was up with farzana + shameer @ their place (luckly they live 2 mins away from me!! hehe) till 5 am, after a 4 hour pre-wedding consultation to learn exactly all of the different rituals, ceremonies, scarves, certain drinks that have cultural/religious/mythological significance to them and their culture. needless to say my head pretty much exploded but i was pumpppppeed to make this happen.
and while its hard to not notice, farzana + shameer are obviously a stunning looking couple, but they are also super warm, down to earth, approachable, caring and just all around awesome!!! their bridal party, friends and family were supppper amazing as well.
i REALALLLLLLYY love you guys!!! thank you for having me document your wedding.
TECHNICAL + PRODUCTION TIDBITS for my industry friends and colleagues.
- being a multi-day event requiring many symmetrical ceremonies happening @ the same time, I contracted my internationally acclaimed wedding cinematographer/educator/best friend konrad czystowski to help me shoot the events that i couldnt personally shoot myself due to logistical limitations. one of the most important lessons l learned from internationally acclaimed ray roman while teaching @ his workshop in miami a month ago; was that he stressed how important it is to build solid relationships with great, honest and genuine ppl who can help us in our journey in this industry. in turn, konrad brings me to shoot a wedding with him in hawaii... WOOHOO!!!
now to give you an idea of how much work was involved in this weddng, here is a breakdown.
-WEDNESDAY henna ceremony - shot by myw + 1 5D mkii. the ceremony was 6 hours.
-THURSDAY henna ceremony for the bridesmaids + women from the grooms side of the family. this is the day where the siblings of both the bride and groom goto the mosque and fill up the guri with holy water and bring it back home for the bride and groom to bathe in it. various other ceremonies (egging of the groom, eating of butter chicken (heheh), more to be explained below) also occur on thursday as well. i would say this was another 7 hours or so. both Konrad and myself used one Canon 5D mkII to cover everything. konrad @ groom's house while I was at the brides.
-FRIDAY this was the day the bride and groom, as well as both their respective families get to finally meet and see eachother, this was @ a reception gathering. I shot this mostly myself with Konrad helping out for 3 hours. Total amount of time I would say I was shooting on and off was another 10 hours.
-SATURDAY this was the break day where no shooting was involved and I basically went through a good 30 hours of footage and edited + transcoded between multiple machines straight an entire day (and night). Konrad's pre sequenced and rough-cut timelines were a huge help in making this possible.
-SUNDAY I marched on the big wedding day on SUNDAY without a single second of sleep. Yes I almost cried in agony from editing during the middle of the night. Nevertheless, Konrad was at my house 7:45am, and the worlds busiest/most talented 16 year old boy wonder cinematographer Mark Klassen arrived too, and my trusty protege from scratch and Troy Turgano also helped with the editing duties all day. This wedding day ran from 8 am to about 1am, and had 2 sets of preps, 2 first meetings, 2 photosessions, 1 wedding ceremony and 1 wedding reception.
this piece was shot entirely with Canon 5DmkII's in 24p mode.
there is no doubt that the 5Dmkii currently provides the highest value/dollar HDSLR in event filmmaking industry today. it is better then the 7D due to it's full frame capabilities, cleaner low light and richer color reproduction. when i compare the 5d to the 1dmk4; I do notice that the 1dmk4 is better in low light, and the 1dmk4's crop factor is better in certain cases (removing mild vignetting in some lenses as well as removing the less sharp image characteristics @ the edges of an image); but for the price of a single 1dmk4, i can purchases 2 5dmkii's. it's a complete no brainer.
- as both konrad and I taught in sydney australia 2 weeks ago and did a
67:23
53rd Journalism Awards Gala (part 1)
A. JOURNALISTS OF THE YEAR
A1. PRINT (Over 50,000 circulations)
Patrick Range McDonal...
published: 18 Jul 2011
author: EDP
53rd Journalism Awards Gala (part 1)
A. JOURNALISTS OF THE YEAR
A1. PRINT (Over 50,000 circulations)
Patrick Range McDonald, LA Weekly
Comments: "Range" is an appropriate middle name. What incredibly
detailed reporting on a variety of complicated topics. What an ability to
make us feel as if we know the players. What skill in explaining messy
situations. The very essence of solid journalism.
2nd place: David Evans, Bloomberg Markets, "Duping the Families of
Fallen Soldiers"
HM: Mariel Garza, Los Angeles Daily News Editorials
A2. PRINT (Under 50,000 circulation)
Radley Balko, Reason Magazine
Comment: ―Radley Balko is one of those throw-back journalists that
understands the power of groundbreaking reporting and how to make a
significant impact through his work. Time and time again, his stories cause
readers to stop, think, and most significantly, take action.
Congratulations!‖
2nd Place: Dan Evans, Glendale News-Press
HM: Ryan Vaillancourt, Los Angeles Downtown News
A3. TELEVISION JOURNALIST
Ana Garcia and Fred Mamoun, KNBC-TV
Garcia and Mamoun shoot, write and edit compelling stories. One of
their strengths as a team is the obvious respect for their subjects, and the
ability through contacts in the community to land exclusive interviews and
opportunities. They are strong storytellers and the pieces move!
2nd Place: Antonio Valverde, Univision
Valverde has a wide range as a journalist. He is able to work with various
segments of the community to tell compelling stories. He has political
acumen and can accurately and fairly tell stories, while also reaching out
to the disenfranchised to share their stories of life in L.A.
A4. RADIO JOURNALIST
Susan Valot, KPCC
Comments: Well-rounded reports with authoritative, informed tone. Great
use of sound. Valot‘s work is some of the best we‘ve heard.
2nd Place: Brian Watt: KPCC
HM: Kitty Felde: KPCC
A5. ONLINE JOURNALIST
Daniel Heimpel, FosteringMediaConnections.org
2nd Place: Chris Hedges, Truthdig.com
HM: Robert Scheer, Truthdig.com
A6. SPORTS JOURNALIST
N/A
A7. ENTERTAINMENT JOURNALIST
Kim Masters, KCRW-FM Radio
Comments: Nice voice in both senses of the word, along with substantive
content. Covering a story about outed CIA agent Valerie Plame, she
tracked down Plame to comment on her portrayal, rather than just talking
to the actress. She also gave a lot of information on entertainment agents
that broadened the picture the public was likely to have of that
occupation.
2nd Place: Tara Wallis-Finestone, NBC LA
HM: George Pennacchio, KABC-TV
A8. PHOTO JOURNALIST
Rick Loomis, Los Angeles Times
A9. DESIGNER
N/A
B. DAILY/WEEKLY NEWSPAPERS
Over 50,000 circulations – including news bureaus and correspondents
B1. HARD NEWS
Tracy Manzer and Sarah Peters, Long Beach Press-Telegram, "Heroes foil
bank heist"
Comments: The writing was appropriately-paced for the category and
the story content. I enjoyed the writers' use of sensory details and factual
information, presented with a slightly humorous/sarcastic tone that made
this piece fun to read.
B2. NEWS FEATURE
Patrick Range McDonald, LA Weekly, ―The Parent Trigger‖.
Comments: Documents a groundswell of democracy while explaining a
new law through a real-world prism. Powerful. Incredibly well-sourced and
informative, yet provides a human touch. The story of poor minorities trying
to make a change documented how the masses can move the
establishment. Inspiring to others, this story shows what newspaper do like
no other. Bravo.
2nd Place: Thomas Curven, Los Angeles Times, ―Walking Away from Grief‖
HM: Kristopher Hanson, Long Beach Press-Telegram, ―Dangers Close to
Home‖
B3. PERSONALITY PROFILE
Steve Friess, LA Weekly, ―A Tragic Love Story‖
2nd Place: Charlotte Hsu, LA Weekly, ―Forever Scared — The Story of
Herman Atkins‖
HM: Karen Robes Meeks, Long Beach Press-Telegram, ―Murchison: A
Portrait of a Long Beach Lobbyist‖
B4. INVESTIGATIVE/SERIES
David Evans, Bloomberg News, "Fallen Soldiers' Families Denied Cash
Payout as Insurers Profit"
Comments: These articles are the soul of great investigative journalism,
uncovering a shocking system whereby the families of slain soldiers are
tricked about benefits, and where shameless insurance companies reap
big profits at the expense of those families.
Best of all, it led to immediate Congressional investigations and action.
2nd place: Beth Barrett, LA Weekly, "The Dance of the Lemons"
HM: Monica Alonzo and Simone Wilson, LA Weekly, "Culture of Cruelty"
B5. BUSINESS
Alana Semuels, Los Angeles Times, "California unfriendly to business?
Figures say no"
Comments: This is an authoritative and well-documented piece that
refutes the common wisdom of California's tax structure being unfriendly
to business.
2nd place: Beth Barrett, LA Weekly, "Barry Minkow 2.0"
HM: Donna Howell, Investor's Business Daily,
Youtube results:
7:23
Oil prices skyrocket...the speculators are back
Richard Eskow, Campaign for America's, Future joins Thom Hartmann. Demand for oil is at a ...
published: 17 Feb 2012
author: TheBigPictureRT
Oil prices skyrocket...the speculators are back
Richard Eskow, Campaign for America's, Future joins Thom Hartmann. Demand for oil is at a 15 year low - but oil prices are still sky high. If demand isn't driving the price - then what is?
published: 17 Feb 2012
author: TheBigPictureRT
views: 1982
4:11
Fareed Zakaria: Why oil prices will stay high - Global Public Square - CNN.com
Even though the engines of global growth are sputtering, be prepared for a period of expen...
published: 15 Jan 2012
author: RLRich22
Fareed Zakaria: Why oil prices will stay high - Global Public Square - CNN.com
Even though the engines of global growth are sputtering, be prepared for a period of expensive commute, Fareed Zakaria says. Zakaria: Why oil prices will stay high By Fareed Zakaria, CNN The next time you pay $3.50 dollars for a gallon of gas, stop and think about a basic rule of economics. When demand is low and supply is strong, prices should fall. Right? Now apply that to oil. People drive less in the winter. The American economy is slow. The Euro Zone has stalled. China and India are slowing down. So demand for oil worldwide is low. So why is oil trading high at $113 a barrel, more than twice the price it was trading at five years ago when the global economy was booming? What in the world is going on? There's a school of thought that suggests the global economy is doing better than we think. China and the US are proving resilient to Europe's problems and so traders are expecting renewed demand in the world's two top economies. But another school of thought argues we're in the midst of a bubble. Speculators have been driving up the price of oil and eventually it will crash. Now I think that the economic fundamentals really can't justify oil prices at their current levels. The real driver of high oil is not the stuff you find in the business section of the newspaper - the demand for oil in India and China. It's on the front page: Global politics. You see, traders worry about risk. And the biggest risk to oil supplies is the threat of war in the Persian Gulf. Meanwhile ...
published: 15 Jan 2012
author: RLRich22
views: 2234
2:49
Shell CEO sees oil prices bouncing back - Decoder
Recent oil price dips are a short term phenomenon and will have no impact on Royal Dutch S...
published: 06 Jun 2012
author: ReutersTV
Shell CEO sees oil prices bouncing back - Decoder
Recent oil price dips are a short term phenomenon and will have no impact on Royal Dutch Shell's spending plans, especially in promising markets like China, says CEO Peter Voser. (June 6, 2012)
published: 06 Jun 2012
author: ReutersTV
views: 596
1:43
Global Oil Prices could get "Nasty Shock"
Global crude oil prices are unlikely to rise in the second half of the year, according to ...
published: 12 Jul 2012
author: IBTimesUK
Global Oil Prices could get "Nasty Shock"
Global crude oil prices are unlikely to rise in the second half of the year, according to the International Energy Agency's latest report, as economies around the world slow and demand wanes. The IEA trimmed its estimate for daily oil demand growth to around 800000 barrels, taking total consumption to around 89.5m barrels per day on average. However, the Paris-based group warned that a price surge was possible if Organization of Petroleum Exporting Countries (OPEC) members were to agree to adhere to production quotas agreed at last month's gathering in Vienna. OPEC, which is responsible for around 40 percent of global production, pumps around 31.6m barrels per day, according to Secretary General Abdalla El-Badri. Strict adherence to the agreed 30m barrel per day target could "risk a potentially damaging price surge" in crude oil prices. OPEC said Wednesday it expects its members will need to produce around 29.6m barrels per day next year, or around 400000 less than the quotas agreed last month for the remainder of 2012. The IEA estimates global OPEC supplies fell in June for the first time in 8 months to around 31.8m barrels, led by production dips in Iran and Angola. Iran, which is dealing with an joint European Union and US-led boycott of its crude supplies, pumped around 3.2m barrels per day last month, the IEA estimated. Brent crude futures have fallen more than 23 percent this year as economic growth around the world has stalled in the wake of the European sovereign ...
published: 12 Jul 2012
author: IBTimesUK
views: 201