Crude down on Nigeria strike, US stockpiles Jun 20, 2007London’s Brent Crude oil futures traded down $0.29 to $71.55 on news an oil-worker strike in Nigeria had not disrupted flows and U.S. stockpiling announcements of later today would mainly cover gasoline.
BP: West’s oil consumption down 400,000 bpd Jun 13, 2007Oil consumption in developed western countries fell by 400,000 barrels per day in 2006, “the biggest decline in more than 20 years” according super-major oil company BP’s Statistical Review of World Energy.
Turkish raid into Iraq lifts oil over $71 Jun 7, 2007A Turkish military raid into oil-rich Kurdish Iraq, a cyclone and continued Middle East tension have pushed the oil price to $71.27 a barrel, nearly a new nine-month high.
Oil over $62 on Iran’s seizure of U.K. troops Mar 23, 2007Oil over $62 on Iran’s seizure of U.K. troops
PA resources has completed the export system on the Didon-field Mar 22, 2007PA Resources has completed the new and upgraded export system from the oil platform on the Didon-field in Tunisia.
Browne: oil up $10 in 2006, Opec support in ’07 Feb 6, 2007Crude oil prices may have weekened this winter, but oil prices which averaged $65.14 per barrel over 2006 were $10 higher than in 2005, leaving oil-company planning in tact, outgoing BP chief exec, Lord Browne said in statements to shareholders Tuesday.