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MarketWatch
42 min ago
Comment
U.S. crude supplies dropped by 4.3 million barrels for the week ended June 14, according to data from the American Petroleum Institute issued late Tuesday. A Platts survey of analysts forecast a 1 million-barrel decline. Gasoline inventories...
Reuters
52 min ago
Comment
Local authorities have given an unnamed Turkish company licenses to explore for oil in Iraqi Kurdistan, according to a report, a move that could anger the central government in Baghdad already worried about the region's growing...
Reuters
2 hrs ago
Comment
The Canadian government said on Tuesday it will raise the liability for oil spill cleanups off the country's east and Arctic coasts to C$1 billion ($979 million), a more than twenty-five fold increase from its prior limit.
Clusterstock
3 hrs ago
Comment
Everyone knows the commodities supercycle is coming to an end as a result of slowing demand in China.
In a new note, Deutsche Bank's Taimur Baig and Jun Ma zero in specifically on the implications for declining global oil demand.
We just...
Resource Investor
3 hrs ago
Comment
In this interview, Fadel Gheit discusses the effect of Middle Eastern geopolitical issues on oil production, dissects the changing oil and gas production situation in the U.S. and explains how the shift in natural gas prices has turned the...
Bulk Transporter
3 hrs ago
Comment
Oil and gas sector workers have a new resource to help them understand the serious dangers of hydrogen sulfide (H2S) gas, which can cause serious injury or even death. J J Keller developed its new H2S: Understand the Dangers handbook as a training...
TheStreet.com
4 hrs ago
Comment
NEW YORK (TheStreet) -- Back when I was a young reporter at the Houston Business Journal, an oil boom was on.
Anyone who could bring up oil could make a fortune. Most of the intrigue in the business involved seismic testing, leasing in the Gulf...
Energy and Capital
5 hrs ago
Comment
A pipeline leak in Alberta, Canada will probably not sway many people on either side of the Keystone XL debate. But it does highlight the importance of oil spill cleanup...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
- With the price of oil having been above $100 per barrel, the world's waste management companies (like Waste Management (WMI)) are considering "landfill mining", as high-quality polyethylene prices have doubled since the summer of 2007[1], while gasoline cost under $1.50/gallon[2]. In June 2008, crude traded at around $121 (after rising to over $135)[3], while gasoline averaged $4.10[4]. Oil prices rose by a factor of six, while gasoline. HELLO MY FRIEND
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