Tag Archives: barrel

Crude oil at $145 a barrel caused the financial crisis?

By GIUSEPPE MARCONI for OIL-PRICE.NET, 2009/11/18 Everyone has been concerned by the recent global economic crisis. In the United States and Europe the newspapers are full of stories of those who have lost their houses and businesses. Elected officials from … Continue reading

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Oil dip below $70 a barrel will be shortlived

Any dip in oil below $70 a barrel will almost certainly be brief as possible Opec action and the prospect of future supply limits prevent a sustained slide, industry executives told Reuters Global Energy Summit.

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