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Today's oil prices rise following Libyan prime ministers kidnap

2013-10-10 01:00:00| Offshore Technology

Oil prices rose today following reports of abduction of Libyan prime minister Ali Zeidan, raising fears supply disruption from the OPEC country.

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Oil prices slip after US lawmakers fail to break budget deadlock

2013-10-09 01:00:00| Offshore Technology

Oil prices decreased slightly on Wednesday, after lawmakers in the US failed to break the deadlock over the budget, which increased fears of a slump in oil demand.

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Today's oil prices slide as Gulf of Mexico production resumes

2013-10-07 01:00:00| Offshore Technology

Oil prices slipped on Monday following the restart of production in the Gulf of Mexico, after Tropical Storm Karen abated on Sunday and was downgraded to a tropical depression, hovering off Louisiana's extreme south-east coast.

Tags: prices production mexico oil

 

U.S. Government Shutdown Threat Sends Oil Prices Near Three-Month Low

2013-10-04 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Investors fear even the temporary furloughing of hundreds of thousands of government employees will crimp a weak economic recovery and drive down demand for oil and gasoline. But that's only one piece of the puzzle. Potential boosts in supply are also putting downward pressure on oil prices. Warming relations between the US and Iran, and pursuit of a diplomatic solution in Syria portend a more stable situation in the oil-rich Middle East. In the US, a calm hurricane season has meant smooth and...

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Oil prices down as US Government shutdown continues for third day

2013-10-04 01:00:00| Offshore Technology

Oil prices decreased slightly today, as the US Government's shutdown continues for the third day, increasing fears that it will damage oil demand.

Tags: day prices third government

 

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