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Crude Oil and Commodity Prices
January, Monday 3 2011 - 15:44:07
NEW! Follow Oil-Price.net
Articles:
Do Rising Oil Prices Predict Another Economic Recession?

Do Rising Oil Prices Predict Another Economic Recession? By STEVE AUSTIN, 2010/12/13

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Experts predict that the end of the year 2010 might see the crude oil prices rise to $90 per barrel which would bring the already tottering economy to its knees. The economy is still running at its sluggish pace whereas the oil prices are rising unaffected by the situation of the economy.
Full Article...





Must Read:

Can the World Survive the Impending Oil Crisis?

Can the World Survive the Impending Oil Crisis? By TOBIAS VANDERBRUCK, 2010/10/11

Again a piquant situation might arise as the countries that are less friendly or hostile to the above oil-producing nations may seriously stand to lose. So the geo-political equations may start changing and more and more countries will start wooing oil producing nations.

Full Article...

Making Oil from Plastic

Making Oil from Plastic By STEVE AUSTIN, 2010/09/06

A new invention in the form of a user friendly machine can turn 1 kilogram of plastic onto 1 liter oif oil for 20 a cost of cents.

Full Article...

The Mumbai Oil Spill

The Mumbai Oil Spill By STEVE AUSTIN, 2010/08/16

Around 800 tons of oil is estimated to have spilled into the sea. The oil spill has hit shipping companies the hardest as ship movement to and from the ports of Mumbai and JNPT had been suspended. These two ports handle 60 percent of India's container traffic.

Full Article...

Oil price at comfortable level?

Oil price at comfortable level? By STEVE AUSTIN, 2010/08/02

Why does the OPEC consider the current prices, "comfortable"? Comfortable for whom and why do they say "comfortable"? Is this a poor translation or a double entendre? Does it mean equilibrium? Obviously OPEC wants it as high as possible, without killing the economy.

Full Article...

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