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Iranian Oil Bourse Opening

Iranian Oil Bourse Opening By STEVE AUSTIN for OIL-PRICE.NET, 2008/02/06 The Iranian Oil Bourse establishing Euro-based pricing of oil is set to open on February 17th 2008 and could have devastating effects on the US…

Did you know about the Iranian oil bourse?

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Petrobras discovers oil again

Petrobras discovers oil again By MERLIN FLOWER for OIL-PRICE.NET, 2010/03/03 There has been a slew of oil discoveries around the Brazilian coast in recent times. Could they make a difference to the oil thirsty world…

Oil price at comfortable level?

Oil price at comfortable level? By STEVE AUSTIN for OIL-PRICE.NET, 2010/08/02 Something to chew over: The reference basket of 12 crude oils of OPEC stood at 79 dollars on Friday, July 30. This year, the…

Who benefits from lower oil prices?

Who benefits from lower oil prices? By STEVE AUSTIN for OIL-PRICE.NET, 2015/09/02 Lower fuel prices are great for the consumer, but we know that not all of the cost saving of lower crude oil and…

The downside of low oil prices

  The downside of low oil prices At first sight it appears that low oil prices are good for society. A low oil price helps us save dollars at the pump, acts as an economic…