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State-owned Petroleos de Venezuela SA said its net income in the first half of 2009 fell by 67 percent to $3.17 billion due to slightly lower output and a steep decline in oil prices. "The total consolidated net profit for the...
Building a liquid crystal display? Then you’ll need some europium. A compact disc? Minute quantities of dysprosium are a must. Fibre optics? You’re sunk without erbium. These and 13 other rare earth elements (REE) are the most...
Oil prices dropped today and were likely to stay under $80 because of high energy inventories in the US, the world's biggest energy-consuming nation. New York's main contract, light sweet crude for December delivery, fell 21...
Dollar, yen hold strength amid weak risk appetite * Oil on track for 1.7 pct weekly gain, but still range bound * OPEC exports to rise in 4 weeks to Dec 5-analyst By Fayen Wong PERTH, Nov 20 (Reuters) - Oil prices steadied...
by Jonathan Hiskes So who will be the real power players in Copenhagen? The official estimate for official delegates attending the U.N. climate conference hovers somewhere around a gajillion. OK, seriously, it’s a mere 20,000....
NEW YORK - A global sell-off on equity markets dragged down crude prices by nearly three per cent Thursday, the first decline this week. The price for a barrel of crude dropped by more than US$1 im...
NEW YORK: US crude futures fell more than 2 per cent on Thursday as a stronger dollar weighed and weaker equities raised concern about the economy and a potential rebound in energy demand. US crude prices for December delivery...
The November 2009 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 1.24 MB, 33 pp). Figure 1 - OECD Crude Oil & Product Stocks from January 2002 to September 2009 The Oilwatch Monthly is a newsletter that is...
The Organisation of Petroleum Exporting Countries (OPEC) should agree at its upcoming Angola meeting to maintain current production levels, Reuters quoted the head of Libya National Oil Corporation (NOC) chief Shokri Ghanem as...
The November 2009 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 1.24 MB, 33 pp). Figure 1 - OECD Crude Oil & Product Stocks from January 2002 to September 2009 The Oilwatch Monthly is a newsletter that is...
