Latest news
Syria: EU imposes embargo on oil export
EU government banned EU companies from new investments in Syrian oil industry on Wednesday, adding some entities and two individuals on the black list. The sanctions are also prohibiting Syrian oil exports to the United States and European Union.
read more... 22/09/2011
Daily – oil up on continued fights in Libya
NYMEX and Brent crude oil futures traded higher on Thursday as lasting fighting in Libya continued to delay any return of the country’s exports and as Hurricane Irene boosted U.S. gasoline futures.
read more... 26/08/2011
Shell declares “force majeure “on Nigeria’s oil exports
Royal Dutch Shell has reported 6 oil spills at its pipeline in Nigeria since the beginning of the month, blaming the act of sabotage, which caused a temporary production shortage.
read more... 26/08/2011
Daily - power on a new three-week highest settlement
Crude oil futures were mixed on Wednesday in a choppy trading on weighed expectations for a possible revert of Libyan oil exports against a tumble in crude oil inventories in the United States.
read more... 25/08/2011
Daily energy Overview, Tuesday, August 23, 2011
Crude oil futures were mixed on Monday as gains on Wall Street supported sentiment toward oil prices and raising expectations that exports of high-quality oil from the OPEC member states could resume fairly soon.
read more... 23/08/2011