World Oil & Gas news

Qatar plans to export liquefied natural gas, Argentina

According to Bloomberg news agency reported November 18 in Tokyo, Qatar, senior adviser to the Department of Energy Abdullah Salat said here today that the world’s largest liquefied natural gas (LNG) exporter Qatar is talking to two Argentine companies to negotiate LNG exports of the former to the latter question.

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WTI oil trading at $95, US crude oil inventories hit again

WTI oil futures open today’s trading session back near $95 a barrel as the latest crude oil inventory report out of the US sees oil stocks in America fall by over 4 million barrels, adding fuel to oil price rises

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Crude oil price fell modestly in thin trading session on Monday

US Stocks stepped up on Monday led by banks after news of more favorable capital requirements and optimism over Greece’s austerity plan. At finish, The Dow Jones industrial average gained 0.9%.

 

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Israel allows for Noble drilling for gas in the new site

Israel gave the green light to Noble Energy, U.S. to drill in a new location in Loeattan marine fields of natural gas. It seems that the decision contained in the statement of the Ministry of infrastructure, an effort to achieve more of the reserves in one of the largest offshore fields in the world

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Oil prices rise on U.S. inventory drop

Oil rose three per cent on Wednesday, boosted by data showing a drop in U.S. crude and gasoline stockpiles as the market weighed comments from the U.S. Federal Reserve

 

 

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High oil prices threaten to derail growth in India, China: IEA

High crude prices may derail growth in China and India, the two nations that have helped the global economy overcome the financial crisis, the International Energy Agency said

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Oil price decline hits Alberta crude

World oil prices continued to fall Friday, reaching four-month lows as investors reacted to fears of stronger output from Saudi Arabia and lower global economic expectations

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Total on track for 2 percent output growth in 2011

French major Total (TOTF.PA) is sticking to its goal of lifting its oil and gas production by two percent this year despite output-curtailing events in the Middle East and North Africa, its strategy head said on Tuesday.

 

 

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Oil dives over 4 percent on demand worry, dollar surge

Oil slid more than 4 percent on Wednesday, as signs of further economic weakness fed demand worries and a rising dollar also weighed, triggering technical sell-stops and sending U.S. crude to its lowest level since February.

 

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Why Crude Oil Prices Rise

One thing is sure: oil prices rise when they are not falling. There is an intermediate case: they stay flat, but that is not a trader-friendly situation, because making money from oil price speculation is only possible when prices change. The more they change, the more dosh can be made from organizing price dips and surges. Consequently, even the quickest glance of Nymex or ICE or Tocom (or any other oil market) prices shows one clear thing

 

 

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