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Crude oil future decline as demand jitters prevail
Crude oil decline as European governments struggled to contain the regional debt crisis, increasing fears that it will slow global economic recovery. Crude-oil futures ended lower on Friday after doubts about the pace of the economic recovery, and its impact on demand for oil, prevailed. Crude for July delivery, the most active contract, lost 76 [...]
Sunday, May 23rd, 2010Crude Oil Future Trading Market Prices
Crude oil prices measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate or the Brent Blend. The OPEC basket price and the NMEX Futures price are also sometimes quoted. West Texas Intermediate (WTI) crude oil is of very high quality, because it is light-weight and has low sulphur [...]
Monday, March 1st, 2010India Gas and Oil Mining Industry Review
India Oil Industry re-draws strategy in African oil assets – GAIL shortlisted for $30 billion national gas master development plan and its implementation in Nigeria. Start preparing for oil at $200 a barrel – India must prepare for a world of scarce, expensive oil Cabinet Secretariat seeks fresh round of inter-ministerial consultations for seeking Cabinet [...]
Tuesday, February 9th, 2010