OIL
Oil prices dip ahead of OPEC meeting AP via Yahoo! News Oil prices fell Friday, ending the week 2.2 percent lower as traders anticipated warmer weather and an upcoming OPEC meeting, and shrugged off violence in Nigeria, Africa's largest oil producer. Iraq's oil-for-food scandal perpetrators go unpunished FT.com via Yahoo! News Slightly more than a year after a United Nations inquiry discovered a staggering level of graft by officials and corporations worldwide in buying cheap oil and selling goods to Iraq experts warn the great majority of alleged perpetrators are escaping scot-free. New energy leader unsure on oil tax cuts AP via Yahoo! News House Speaker-to-be Nancy Pelosi's plan to repeal tax breaks for oil companies in the first 100 hours of the new Congress could face roadblocks in the Senate. House OKs oil drilling in Gulf of Mexico AP via Yahoo! News The House approved oil and gas drilling Friday in a vast area of the Gulf of Mexico south of Florida's Panhandle and agreed to steer hundreds of millions of dollars in royalty payments to Gulf states to restore coastal wetlands and repair hurricane damage. Oil tumbles after profit-taking FT.com via Yahoo! News Oil prices slipped sharply in late trade on Friday because of profit-taking. Iraqis near agreement on oil revenue sharing International Herald Tribune A group of Iraqi politicians may be near reaching a final deal on how to distribute revenue from the country's oil wealth. Left, British soldiers preparing to take off in a helicopter from Basra airport on Friday during a major operation. Oil prices rise above $63 a barrel AP via Yahoo! News Oil prices rose by more than $1 a barrel Friday, supported by the possibility of a production cut by OPEC next week and amid violence in Nigeria, Africa's largest oil producer. Stocks open lower as oil rises, dollar falls Reuters via Yahoo! News U.S. stocks opened lower on Friday as oil prices rose sharply, threatening corporate profits, while the dollar weakened. Oil prices rise near $63 a barrel AP via Yahoo! News Oil prices rose Friday, supported by a possible production cut by OPEC countries and amid violence in Nigeria, Africa's largest oil producer. Oil prices jump on Nigeria concerns AFP via Yahoo! News World crude prices rose strongly after threats of further attacks to oil facilities in Nigeria and ahead of next week's output meeting by OPEC, analysts said.
Peak Oil: Life After the Oil Crash Examines the impact of the depletion of the world's oil reserves and its consequences for the world economy and population. Links to news items, articles, World News Latest headlines from WN Network. WorldNews delivers latest Breaking news including World News, US, politics, business, entertainment, science, www.shell.com - the global homepage of the Shell Group Shell is a global group of oil, gas and petrochemical companies with a broad portfolio of hydrogen, biofuels, wind and solar power interests. Commodities - Latest Trading Prices and Data from CNNMoney Heating Oil (NYM) January 07 ($US per gal.) 1.80, -0.01, 1.83, 1.78, 1.80, 12/5 2:46pm. Natural Gas (NYM) March 07 ($US per mmbtu. OilOnline - The Original Online Source for the Oil Industry Information gateway for the petroleum industry. News, current industry statistics, and job listings. MOBIL United States. Find a Country, Argentina, Australia, Belgium, Brazil, Canada, Chad, Chile, China, Colombia, Czech Republic, Ecuador, France, Finland Hubbert Peak of Oil Production Provides data, analysis and recommendations regarding the upcoming peak in the rate of global oil extraction. Work by various experts on the subject, UN Office of the Iraq Program - Oil-for-Food Responsible for implementation of the sanctions and oil for food programme. oil prices
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