Oil Prices Rise On China, Greece
Oil prices ended the week firmer Friday, lifted by a recovery in share prices in China, which is the world's biggest consumer of energy and major buyer of commodities generally. The crude market won a boost also from surging European stock markets, that were lifted mainly by hopes of a deal between Greece and its creditors. The International Energy Agency meanwhile forecast that global oil ... Read News
Is Water Now More Valuable Than Oil? - About.com News & Issues
The most valuable commodity in the world today is not oil, but water. Find out why many of the world’s leading investors are making big bets on water. ... Read Article
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The characteristics of shale oil impact refinery economics While shale oil composition varies from basin to basin throughout the United States, some of its common characteristics can lead to ... Return Document
Oil Base Stocks Understanding Base Stocks Modern oils are the product of over 100 years of scientific development. Oil Development Timeline 1859 The world’s first successful oil well 69 feet 6 inches deep was dug in Titusville, PA. ... Read Full Source
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The higher price of oil substantially cut growth of world oil demand in 2006, including a reduction in oil demand of the OECD After Prices fell briefly on the expectation of increased U.S. crude oil stocks, however they quickly rose to a peak of $92.22 on October 26, 2007. ... Read Article
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Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, for the purpose of providing economic and national security during an energy crisis. ... Read Article
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Demand restraint in an IEA co-ordinated response 10 Major world oil supply disruptions At the end of 2011, total oil stocks in IEA member countries totalled some 4.1 billion barrels. Each IEA member country is required to maintain total oil stock levels equivalent ... Read Here
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Determinants Of Crude Oil Prices:
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1 1. Introduction Changes in the price of crude oil are often considered an important factor for understanding fluctuations in stock prices. For example, the Financial Times on August 21, 2006, attributed the ... Document Retrieval
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