The Bureau of Labor Statistics published the U.S. employment report last week on Friday, March 4th, for the month of February 2011. There is an ongoing rise in job gains, however in a slower rate than reported during the previous…
Category: News by Region
Oil prices outlook – 4 March
Let’s examine the energy market and analyze the effects of the recent news from the Middle East on crude oil price: Libya Turmoil update The turmoil in Libya still occupies the news as there are confrontations between the rebels and…
Norway Oil Drillers Suffer Worst Dry Spell in Decades as Reserves Dwindle
There is an interesting post on Bloomberg about the recent dry spell of Norway oil drills. This might be one the reasons for the ongoing rise in Brent oil over other major oil prices such as WTI. For more on…
Oil prices outlook – 3 March
There are still riots in fighting in Libya, however the recent proposed that might slow down the current turmoil as news continue to come from the Middle East as the US sent two warships to the Middle East to reach…
Petroleum stocks fall as Middle East turmoil affecting imports – March 3
The Middle East turmoil is affecting the supply of oil, and has an affect on crude oil markets as many investors are keeping close tabs on the development in the Middle East and reacting accordingly. The news from the region…
Oil prices outlook – 2 March
The recent news continue to come from the Middle East as the US sent two warships to the Middle East to reach Libya, while in Iran there are were violent protests, all this rose the anxiety level in the Middle…
Riots in Iran raise the Middle East uncertainty
After the riots in Egypt and Tunisia have subsided and the turmoil in Libya continues, the next country in the Middle East causing the stir up in the region is Iran. Many have thought it will only be a matter…
Oil prices outlook – 1 March
The news in the Middle East keeps on rolling; however crude oil price didn’t change much yesterday, how will oil prices act at the rest of the week, remains to be seen. Let’s examine the recent activity in the energy…
US armed forces are repositioned in Middle East as Libya turmoil continues
As the Libya turmoil progress, the UN continues to add additional sanctions on Qaddafi, including arms embargo and seizing assets of Qaddafi and his family in attempt to stop the bloodshed in Libya. There are also reports of US armed…
Oil prices outlook – 28 February
The turmoil in Libya, which started off at February 15th, enters into its third week. Qaddafi remains adamant in not stepping down from his ruling, even though by now it seems to be over, especially after his violent attacks against…