Tag Archives: crisis?

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

Posted on June 1, 2010 by admin

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 prices take a dive as the Dubai crisis unrolls.

Posted on May 28, 2010 by admin

By MERLIN FLOWER for OIL-PRICE.NET, 2009/12/04 It could be called a bolt from the blue: On November 25, the Dubai government announced that it was seeking a standstill on debt worth $60 billion. The six month delay being sought from … Continue reading →

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