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Crude Oil Analysis for the Week of October 3, 2011
November crude oil futures finished the week slightly lower on fears that slowing global economic growth will curtail demand. Not only was the week lower, but the quarterly loss was one of the largest in at least two years.
Crude Oil Analysis for the Week of September 12, 2011
November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping to form an outside move for the week.
Iran Opens Oil Bourse – Harbinger of Trouble for New York And London?
The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been revealed as a form of casino economy, with the bankster insiders gambling...
South Africa’s Motorists Hit By High International Crude Oil Prices
Motorists, who are already facing a number of increases in daily expenses, will have to dig deep as the petrol price is set to increase by 41 cents across all grades. How People Arrived Here: petroleum price increased south arica
Economics Association of Zambia Claims Recent Fuel Increases in Zambia Will Negatively Impact Economic Growth
The Economics Association of Zambia (EAZ) has said the recent fuel increases in Zambia would negatively impact the economic growth the country had recorded in recent months. Association president Mwilola Imakando told journalists on Thursday that the...
Mozambique Cuts Price of Liquid Fuels By 30%
Mozambique on Friday slashed the price of liquid fuels in response to the international fall in oil prices for the fourth time in a month, according to Energy Minister Salvador Namburete here.
Moroccan Authorities to Introduce New Tariffs for Oil Products
The Moroccan authorities have announced the adoption of new tariffs for oil products as from 1st January 2009. The decision was taken on Saturday following a meeting of the relevant ministries, with the attendance of hydrocarbon operators, according to...
People of Togo Welcome Drop in Oil Prices
Togolese people are breathing a sigh of relief after the government resolved to reduce oil prices. Unleaded petrol now costs 500 CFA francs down from 595 francs whereas diesel oil is sold at 495 CFA francs with an equal reduction rate.
