The riots in Libya continue and the UN Security Council just voted to sanction Qaddafi for the crimes against humanity he is committing on the Libyan people. This turmoil raised the level of instability in the Middle East and consequentially…
Here is a weekly outlook for the week of February 28th to Match 4th showing the news items and reports that will be published this coming week mainly related to the US, Europe, Canada and Australia economies. The news besides…
Libya’s turmoil continues; President of the US – Barack Obama said that the US will take steps against Libya, including economic and commercial sanctions, in an attempt to stop the bloodshed. The ongoing uncertainty in the Middle East continues to…
In this recent EIA petroleum report, pertaining crude oil price and petroleum stocks, there is also an analysis about the recent rise in gap between the WTI and Brent oil. I have written several posts on this issue and in…
The tension in Libya continues, and the UN plans a series of sanctions against Qaddafi’s regime in an attempt to stop the bloodshed there. After crude oil price rose precipitately in the last several days, WTI oil price declined yesterday,…
The riots in Middle East that started more than a month back in Tunisia, later continued to Egypt and now have spread to Libya are the major news affecting the energy markets, including the recent rises in crude oil price.…
WTI future prices just passed the 100$ mark: the protests in Libya continues to their ninth day and Qaddaf’s recent public speech claiming he will see it through to the bitter end decreases the chances of the turmoil in Libya…
The Middle East never was a peaceful place to begin with; however the current volatile situation in many countries in the Middle East is something that even this region hasn’t seen in a long time. As the protestors in Libya…
In an attempt to curb the current turmoil and bloodshed in Libya the European Union is setting up sanctions to be taken against the violent oppression in Libya. These sanction may include, embargo and seizing offshore assets of Libya. For…
The turmoil in Libya continues and affected crude oil price (WTI and Brent) as they soar in the last couple of days. Let’s examine the recent activity in the energy market and analyze the effects of the recent news from…