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Tag Archives: crude
WTI oil price hover nears $75 after US crude supply dip
WTI oil prices are closing back in on the $75 mark on Friday as the latest US crude oil supply data showed a dip lower. Light crude oil futures for July delivery was at $74.67 midday Singapore time on Friday … Continue reading
Crude oil prices fall four percent on gloomy US jobs data, news updated June 05, 2010
Crude oil prices have fallen over four percent in late trading on Friday, hit by weaker than expected US payrolls data and a stronger US dollar, with the Dow Jones closing under the 10,000 mark. US Light sweet crude oil … Continue reading
Oil Spill Disaster from Gulf of Mexico Crude is causing oil prices to go up
The US oil spill disaster currently spreading across the Gulf of Mexico will help drive energy and crude oil prices higher as new measures to prevent further disasters bump oil production costs, the head of commodities and energy at BNP … Continue reading
Guess What, Crude oil saved the whales ?
By JERICAN for OIL-PRICE.NET, 2006/11/25 A clean-burning kerosene lamp invented by Michael Dietz in 1857 saved the whales from extinction. Prior to the 1800s, torches, candles made from tallow, and lamps which burned oils rendered from animal fat were in … Continue reading