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Oil Prices Will Surge to $200
Region: United StatesAccording to Goldman Sachs, the lack of oil supplies and the increase in demand will see the price of the barrel reach $200 in the next two years. As of today, oil hit a record breaking $121 a barrel, up 100% from la... more
Views: 902Be An Insider on the Big Oil Game
Region: WisconsinIn the news for this week of April 10th, 2008 is the fact that the OPEC cartel oil ministers refused requests by the Bush Administration and European diplomats that the 13 nationalized companies that control 40% of the glo... more
Views: 1197Oil price touch a record high
Region: IndiaThe price rise in oil hit a record high of $144 per barrel on Monday (June 30). This rise in fuel prices sparked protests aacross the globe. The failure in meeting the rising demand is regarded as the real cause for such u... more
Views: 316Crude Oil falls to $114.51 in New York at midday
Region: New YorkOn 14 August 2008 (GMT), Dow Jones Industrial Index, Nasdaq and S & P all jumped into a state of rally as crude price in midday shows a dip at $114.51. As inflation fears becoming more of a problem these days, optimism on ... more
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