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Crude oil redux: Rare earth elements, and their strategic stranglehold of modern life

2014-11-28 14:01:05| Extremetech

Many have relaxed about the Chinese stranglehold over rare earth elements, but the crisis is far from averted.

Tags: life modern oil earth

 

Brent crude oil dips to $79.20 as traders' hopes of an output cut by OPEC wane

2014-11-25 01:00:00| Offshore Technology

The price of Brent crude oil dropped towards $79.20 a barrel today as traders' expectations of a major output reduction by OPEC dwindled.

Tags: cut oil output hopes

 
 

Crude Oil Price War Not Happening, Saudi Arabia's Oil Minister Says

2014-11-14 01:36:37| IT Services - Topix.net

Crude oil prices continue to sink, but Saudi Arabia's oil minister rejected talk Wednesday that the country is leading a price war in global markets. "Talk of a price war is a sign of misunderstanding - deliberate or otherwise - and has no basis in reality," Ali Al-Naimi told a conference in Acapulco, according to the text of his speech obtained by Agence France-Presse.

Tags: price war says oil

 

Velocity Midstream to build crude oil gathering system in Central Oklahoma

2014-11-14 01:00:00| Hydrocarbons Technology

Velocity Central Oklahoma Pipeline, a subsidiary of Velocity Midstream Partners, will build a crude oil gathering and transportation system for Continental Resources.

Tags: system central build oil

 

Brent crude drops towards $81 despite oil supply disruptions in Libya

2014-11-12 01:00:00| Offshore Technology

The price of Brent crude dropped near $81 a barrel today amid concerns of a surging supply glut, outweighing supply disruption worries in Libya.

Tags: in supply oil drops

 

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