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Tag Search Results For 'oil investors' (12)

Oil surged on unexpected drop supply of gas

Active Energy Traders | August 19th 2008 by Basil Egneo

Despite the fact that oil price falls on lowest level in four months, its price is slightly up due to the unexpected drop of gas supply. The bouncing oil price was likewise due to the weak dollar and worries of investors that the fall on gasoline sup read more

Iran plans to launch 15 major oil projects

UAE Financial News | August 4th 2008 by Basil Egneo

Iran is set to launch 15 new major oil and gas projects which involve inovative method to attract both local and foreign investors. The new method is not yet clear if it is still following the buy back terms for oil deals with the investors. Such ter read more

As Demand Eases, Oil Price May Fall further

Active Energy Traders | July 28th 2008 by Basil Egneo

The demand for oil in the global market is reportedly slowing. Its seven week decline in oil price could futher in the next coming months and could probably down to &117 per barrel in the next coming weeks.This seemed to be confirmed by a report read more

Oil prices steady at $123/barrel

Active Energy Traders | July 27th 2008 by Basil Egneo

Today, oil prices paused at $123 per barrel in the world oil market, contributing to the seven week low. The decline has counted a total of $23 dollars reduce from its former $147 oil price seven weeks ago.Crude speculators on the New York Mercantile read more

Oil Price Update: Below $130/barrel; drops for 3 Straight day

Active Energy Traders | July 17th 2008 by Basil Egneo

From near $150 per barrel last couple of weeks, oil price now is trading below $130 per barrel. The sharply decline in oil price was due to the slowdown demand for oil in US and other neighboring big countries in Europe and some part of Asia. Some an read more

Oil Price Soars above $145 per Barrel

Active Energy Traders | July 4th 2008 by Basil Egneo

Nobody, even OPEC can stop oil price from increasing. To date, oil is at above $145 per barrel. What comes next after this tremendous increase in oil price?Prices might have raced even higher Thursday were it not for the sharp gain by the dollar agai read more

Oil Price Slides Sharply to $127

Active Energy Traders | June 3rd 2008 by Basil Egneo

From above $135 a barrel last May 22, oil prices have sharply slid back to $127 a barrel as OPEC officials still claiming that there is no need to pump more oil in the world oil markets. Will the lowering oil price support OPEC's claim?With global st read more

Origin Rejects Revised $13.62 Bn Bid From BG's

Aussie Money Tips | May 30th 2008 by Basil Egneo

What were the reasons of Australia's Origin Energy of rejecting the revised A$13.62 billion takeover bid from BG Group? In rejecting BG's offer, Origin cited an independent review that increased its 3P CSG reserves in Queensland's Bowen Basin to 10 read more

Origin Energy Might Accept Revised BG Group Offer

Aussie Money Tips | May 28th 2008 by Basil Egneo

There are reports that Australian's Origin Energy trashed out the initial offer of a British Gas company, the BG Group. But since both are open for open bidding and conversation, Origin might as well accept a new and reportedly revised offer from BG read more

Aramco To Spend $129bn in the Next 5years

Arab Nation News | May 28th 2008 by Basil Egneo

Saudi Aramco will spend $129 billion in its next five-year business plan, which shall commence next year and expected to finish in 2014. The plan envisions Saudi Arabia to become one of the world's top five oil refiners and major petrochemical produc read more

What's the reasons behind high oil price

Active Energy Traders | May 13th 2008 by Basil Egneo

As the oil price trend continue to affect the global market, everyone is trying to find out some means on how to counter and at least try for a new solution for the alarming high oil price. But, before doing so, one could probably check out what's th read more

Oil Price Retreats From $126/Barrel

Active Energy Traders | May 12th 2008 by Basil Egneo

From last week $126.96 a barrel due to weak dollar, oil price is getting its way down, this time, is due to a strong dollar. The advance at the end of last week came after Colombia said it recovered documents from a slain guerrilla that indicate Ven read more

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