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OIL and gas industry operators, particularly the engineering and fabrication sub-sector have lamented the seeming dearth of projects to sustain their operations, noting there is the risk most yards in the country may shut down and lay off staff next year if no jobs are forthcoming anytime soon.Nigeria: Oil Industry Operators Lament Dearth of Projects (AllAfrica.com)

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Stocks post modest rise as traders take a break from heavy buying .April 1st, 2009 MUMBAI - Indian equities markets closed higher Wednesday after being in the red for a major part of the day as investors bought lower valued realty, IT and oil and gas stocks. A key index closed almost 2 percent higher .

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Crude Oil Will Rise Further on Improving Economy, Goldman Says (Bloomberg)June 18 (Bloomberg) — Crude oil prices, up 60 percent in this year’s rally, will be driven by demand as an improving world economy increases energy consumption, Goldman Sachs Group Inc. said.

Inflation Adjusted Price Of Crude OilFreshly squeezed market commentary & analysis . Last summer I showed the inflation adjusted price of crude oil - below is the updated chart:

Crude oil prices head back up (UPI)NEW YORK, June 19 (UPI) — Crude oil prices rose above $72 per barrel on the New York Mercantile Exchange Friday, as demand from motorists climbed despite rising gas prices.

Oil Price Surges Above 72, It’s High Correlation With USD Has Probably Been Spurred By Economic Growth Cycle Crude oil price rises above 72 in European morning as MEND’s attacks in Niger Delta escalated and Iran’s protest against .Oil Price Surges Above 72, It's High Correlation With USD Has .

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More die in fighting as Amazon protest against oil exploration continues (Brandon Sun)LIMA, Peru - Peru’s defence minister says nine more police officers have been killed as security forces battle Indians in the Amazon who are protesting oil and gas exploration on their remote lands.

More die in fighting as Amazon protest against oil exploration continues (Brandon Sun)LIMA, Peru - Peru’s defence minister says nine more police officers have been killed as security forces battle Indians in the Amazon who are protesting oil and gas exploration on their remote lands.

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TH - Feature Stories ArticleSunday, May 17, 2009, < Previous Next >>, Post a Comment. Holiday travel gets a boost from cheap gas. An estimated 32.4 million people will travel this Memorial Day weekend. BY CHRIS KAHN THE ASSOCIATED PRESS .

Cheap Gas? Try $1 a Tank - Green Inc. Blog - NYTimes.comVenezuela has long been among countries with the cheapest gas on the planet. It is an oil producer, and like other countries with similar oil resources, it heavily subsidizes the price of gasoline to its own people. .

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NOTES: Proved reserves are estimated with reasonable certainty to be recoverable with present technology and prices. oil reserves

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Oil Could Thaw U.S.-Cuba Trade (Washington Post)Untapped undersea reserves provide powerful incentive for change in relations between nations.

Bahrain may Incur Huge Deficit on Oil Reliance (Khaleej Times)DUBAI — Bahrain’s reliance on limited oil and gas reserves will result in a sizeable fiscal deficit this year, said Moody’s Investors Service.

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Highlights from the Federal Reserve’s survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed’s 12 regional bank districts. BOSTON (This region covers Maine, Vermont,.Highlights from the Fed’s latest economic survey (San Francisco Chronicle)

Highlights from the Fed’s latest economic survey (AP News)Highlights from the Federal Reserve’s survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed’s 12 regional bank districts.

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