OIL prices may dip below US$100 in Q2 according to Bank of America Merrill Lynch due to fiscal tightening in the US as well as Libyan supplies coming back online. The recent run-up in oil prices prompted Brent crude to rise over US$120 a barrel. “With View full post on All Stories
Posts Tagged ‘oil’
Oil to drop below $100 in Q2 – Merrill Lynch
May 15th, 2011 
davidguide 
Posted in Lending News 
Tags: Bank, bank of america, brent crude, Merrill, merrill lynch, oil, oil prices, online, Post, run-up 
Comments OffOPEC ministers make no change in output of oil
December 12th, 2010 davidguide QUITO, Ecuador – OPEC ministers decided Saturday to keep oil output at current levels, citing ample inventories amid persisting global economic uncertainty and a price of just under $90 a barrel. The 12-member cartel said after an unusually short meeting that it based its decision on projections showing demand for crude would grow more slowly [...]
Posted in Lending News Tags: Abdulla Salem, Ali Naimi, barrel, Cartel, Change, Ecuador, Europe, global economic uncertainty, global oil production, Iraq, Kuwait, Ministers, Nigeria, oil, OPEC, opec ministers, output, price, private consumption, psychological price, Qatar, QUITO, quito ecuador, rafael ramirez, Saudi Arabia, Venezuela, Vienna Comments OffSynergy Resources Corporation Reports Record Results for Fiscal Year Ended August 31, 2010
November 30th, 2010 davidguide DENVER–(BUSINESS WIRE)–Synergy Resources Corporation (OTCBB: SYRG), a domestic oil and gas exploration and production company, reported record results for fiscal year (“FY”) ended August 31, 2010. Revenue in FY 2010 increased to a record $2,158,444 share from $94,121 in FY 2009. The improvement was due to the Company’s shift from primarily an exploration stage company [...]
Posted in Lending News Tags: 2010, August, company, Corporation, Denver, denver business, domestic oil, Ended, Exploration, Fiscal, gas, gas wells, oil, oil and gas exploration, otcbb, Production, record, Reports, resources, Results, stage company, Synergy, synergy resources, year Comments OffMajor Companies Find Bulgarian Black Sea Oil Bid Unattractive
November 25th, 2010 davidguide Major oil companies such as Total and Anadarko did not find the bid to explore for oil in the Bulgarian Black Sea attractive, Diana Yaneva from the economy ministry told Novinite.com (Sofia News Agency). The bid was announced in March 2010 in the Official Journal of the EU for exploration in Bulgaria’s southern Black Sea [...]
Posted in Lending News Tags: Anadarko, bid, black, Black Sea, Bulgarian, Companies, Diana Yaneva, economy, economy ministry, Find, Major, major oil companies, ministry, news agency, novinite, oil, sofia news, Unattractive Comments OffItaly, Venezuela Ink Major Oil Deal
November 24th, 2010 davidguide AHN News Staff Caracas, Venezuela (AHN) – In what could be the largest joint investment between Italy and Venezuela, energy giants of both countries have signed an agreement to develop crude oil fields and to construct a refinery. The $17 billion deal was signed between Italian energy company ENI and Venezuelan state-owned oil company Petroleos [...]
Posted in Lending News Tags: Caracas, caracas venezuela, Chief Executive Paolo Scaroni, Deal, eastern Orinoco, electrical plant, Energy, energy giants, energy minister, ENI, Italy, Lending, Major, Minister Rafael Ramirez, oil, orinoco river basin, petroleos de venezuela, rafael ramirez, Refinery, Spain, Venezuela Comments OffIran Braces For Popular Backlash As Subsidies Slashed
October 27th, 2010 davidguide The Media Line Staff Tehran, Iran David Rosenberg – From President Mahmoud Ahmadinejad to housewives and shopkeepers, all of Iran is on tenterhooks as the government prepares to slash subsidies that have kept down the cost of everything from gasoline to flour. Ordinary Iranians, already hard-pressed by inflation and unemployment, are hoarding goods and wondering [...]
Posted in Lending News Tags: Amsterdam, Ayatollah Ahmad Jannati, Backlash, Braces, Britain, david rosenberg, Durham, economic dislocation, government, hossein askari, international monetary fund, Iran, Iraq, Line, mahmoud ahmadinejad, Media, oil, Popular, president mahmoud ahmadinejad, slashed, Subsidies, subsidy, Tehran, tehran iran, U.S., Washington, year Comments OffFrench Police Wrest Key Paris Refinery From Striking Workers
October 22nd, 2010 davidguide Linda Young – AHN News Writer Paris, France (AHN) – French riot police have broken a key oil refinery blockade outside Paris acting on orders from the president who has refused to back down from pension reform plans. Oil refinery workers striking over President Nicolas Sarkozy’s plans to hike the retirement age had blocked 12 [...]
Posted in Lending News Tags: age, France, French, From, gasoline stations, Lending, minimum retirement age, nicolas sarkozy, oil, oil refinery, Paris, paris airports, Police, President Nicolas Sarkozy, Refinery, refinery workers, Retirement, Striking, Workers, Wrest Comments OffVenezuela, Belarus Sign Oil Deal
October 18th, 2010 davidguide AHN News Staff Minsk, Belarus (AHN) – Venezuela has pledged to provide uninterrupted oil supplies to Belarus for next 200 years. Venezuelan President Hugo Chavez made the announcement after his three-hour talks with Belarussian leader Alexander Lukashenko. Talking to reporters after the summit, Chavez said that the Belarus refineries would not lack petroleum for the [...]
Posted in Lending News Tags: Alexander Lukashenko, Belarus, Belarussian, commercial ties, Deal, gas, hugo chavez, Leader, Lending, Minsk, Moscow, oil, polar world, President Hugo Chavez, Russia, sign, U.S., Venezuela, venezuelan president hugo, venezuelan president hugo chavez, year Comments OffUnderstand one of the 5Es: the transfer of wealth and power from the West to the East
October 20th, 2009 davidguide If you are like me, you probably have been hit hard by this financial crisis. There is a lot of uncertainty in the air. Conventional wisdom is not working any more. Many are seeking to understand this turmoil and are wondering what they should be doing to not only survive, but thrive, [...]
Posted in Bad Credit Loans Tags: Asia, asia pacific region, China, framework, gasoline stations, India, Japan, Jim Rohwer, market perspective, oil, Pacific, rip tide, Southeast Asian, Steve Forbes, stress and anxiety, transfer, turbulent economic times, U.K, U.S., US, USA, Washington, Wealth, West, world Comments OffConsider using these 5 E-valuation factors to avoid a financial rip tide: learn to thrive, not just survive, in these trying economic times
October 13th, 2009 davidguide These are frustrating economic times. Stress and anxiety is high. We all want to know what is happening out there in our economy and business landscape. Is the de-leveraging over or is there more downside to come? What is causing all this turmoil to occur? How do we survive? Let me suggest two [...]
Posted in Bad Credit Loans Tags: alternative energy sources, Asia, business landscape, China, Dan Denning, Energy, financial literacy, framework, Money, oil, Pacific, Rip, rip tide, rip tides, Steve Forbes, stress and anxiety, United States, USA, Wealth Comments Off