[OIL PRICES] The oil cartel OPEC is right to warn that sharply falling oil prices will create a "price time-bomb for the future"
Written on - Published to OPEC
Saudi Arabia's oil minister Ali al-Naimi and Abdalla El-Badri, secretary-general of OPEC, said low demand was "wreaking havoc" by halting investment in the sector. Oil prices in London fell near to $40 per barrel this week – down from a spike of $147 in July– prompting OPEC to cut supply... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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OCEANIA: BHP Billiton's about-face leaves Rio Tinto in a hole

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There are good reasons for BHP pulling the deal. The commodity markets have soured dramatically, hitting both groups’ cash flow prospects and removing the deal’s main, if unspoken, attraction – driving up prices in a bull market. Moreover, the divestments the EU hinted at would have been difficult... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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OIL PRICES: Oil falls again but decline in gasoline usage subsides

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Oil prices continued to fall today as a government report showed that gasoline prices in October plunged further than they ever have and home heating oil, natural gas, and liquefied petroleum gas fell substantially. Light, sweet crude for December delivery fell 56 cents to settle at $54.39 a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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RUSSIA-ITALY: Berlusconi Blunder Steals the Show
Written on - Published to Silvio Berlusconi
Agreements on cooperation to revive Italy's nuclear sector and give LUKoil a foothold in the European refining sector topped a slew of deals signed Thursday, overseen by President Dmitry Medvedev and visiting Italian Prime Minister Silvio Berlusconi. But Berlusconi, renowned for impolitic and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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BLOGGERS: Necesitas mantener sincronizados tus archivos, elige SYNCING.NET

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Necesitas tener sincronizados todos tus documentos entre distintos sistemas de computo? Tu solución es SYNCING.NET, el cual es un software que permite sincronizar carpetas entre Windows y Outlook por medio de cualquier sistema PC, todo desde una forma automática y sin servidor, pudiendo crear,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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BLOGGERS: SI eres Gammer, te recomiendo TRUCOTECA

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Si eres un gammer, esta pagina te encantara debido a que tiene todo pues no se le escapa nada de lo que necesitamos saber sobre la actualidad en video juegos. La primera impresión es que es una pagina montada por gente como nosotros como aficionados y por tanto encontramos las cosas con toda... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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[RUSSIA] Gazprom likely to save money on South Stream offshore leg
Written on - Published to Gazprom
Romania may replace Bulgaria on the Gazprom-led South Stream gas pipeline project from Russia to Italy. Gazprom CEO Alexei Miller met with heads of two Romanian companies, Transgaz and Romgaz, late last week. Some sources said the talks focused on Romania's plan to sign up to the project, replacing... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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[EUROASIA] Las Europas, Russia y la dependencia energetica

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La República Checa, uno de los socios más díscolos del club europeo, presidirá la Unión Europea en el primer semestre de 2009. Su primer ministro, Mirek Topolanek, de 52 años, acaba de pasar por España para explicar sus prioridades: libre circulación de trabajadores, reequilibrio entre las... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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[IEA] International Energy Agency, warns high oil prices could trigger global recession

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The world economy faces a recession if the price of oil stays above $90 a barrel, the International Energy Agency (IEA) warned. The price of oil crept up again today, reaching $95, following two days of declines caused by the collapse of investment bank Lehman Brothers and slumping stock markets.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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[OIL PRICES] Organization of the Petroleum Exporting Countries faces production dilemma

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The decline in oil prices in recent weeks has been a welcome relief for consumers and a rare piece of positive news in an otherwise bleak economic landscape. But for oil producers, increasingly accustomed to rising revenues, falling prices are fast turning into a cause for concern - if not quite... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Story
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