On account of the ongoing uncertainty in Japan around the nuclear reactor and the radiations omitting from it along with the unease in the Middle East and North Africa, including Libya, Yemen and Bahrain, the fluctuations in the financial markets…
The unease in Japan progresses as there are growing concerns for a nuclear disaster due to the rising pressure in cores of the Nuclear Reactor in Fukushima. Let’s review the main news items that are related to the oil market and might…
Here is a review on the EIA petroleum report on the recent changes in crude oil price and petroleum stocks for the week ending March 11th. The report also reviews the subject of the accessibility of oil inventories in Europe…
The financial markets keeps on rapidly changing with no apparent direction as the uncertainty in Japan continues. After crude oil prices fell on Tuesday, yesterday the Brent oil and WTI (spot and future) bounced back with rises. Natural gas spot…
In the recent IEA – International Energy Agency monthly report on oil markets for the month of February 2011, OPEC’s oil output fell by 95,000 b/d to reach 30.05 mb/d. On an average monthly scale, nearly 200,000 b/d was lost…
According to Africa Reuters, the recent turmoil in Japan didn’t affect he shipment of crude oil to the country. In the recent tsunami attack on Japan, more than 30% of its oil refineries’ capability or 1.4 million of oil…
The turmoil in Japan continues as there were reports of an earthquake in Tokyo earlier this morning. There are also the explosions in the Nuclear Reactor in Fukushima. Let’s review the main news items that are related to the oil market and…
As the turmoil in Japan progresses, so does the effect it has on the financial markets. Yesterday major energy commodities prices declined, including crude oil spot price. Gold and silver prices also fell for the second straight day, and natural…
The adverse effect of the tsunami attack on Japan continues as there are radioactive clouds might reach Tokyo due to winds blowing from the Nuclear Reactor in Fukushima. The Libyan riots progress and Saudi Arabia sent troops into Bahrain. Let’s review the…
After crude oil price fell during last week, as the turmoil in Japan was in the background along with the ongoing Libyan riots, yesterday the market closed with no real change for the WTI spot oil and a small gain…