Crude Oil Futures
After a report from the U.S. Energy Information Administration that gasoline stocks had fallen last week by 2.9 million barrels, the price of crude oil shot up as high as $83.03 a barrel, its highest levels since early January.
The benchmark contract settled to $80.96 as the day went on, a decrease of 0.5 percent a barrel.
Other news affecting the price of oil was the announcement from OPEC that crude demand per day would rise by over 190,000 barrels a day over its previous estimate of 28.94 million barrels a day.
Crude Oil Futures
Wednesday, March 10, 2010
Tuesday, March 9, 2010
Contact Page for Dripping Oil
Contact Us
You can contact any of the authors of Dripping Oil at
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to contact one individually.
Ray Esally
Gary Thomas
Tommasino Conito
Allen Nine
Jim Stevens
You can contact any of the authors of Dripping Oil at
raesally@comcast.net. Authors can be fowarded your email if you want
to contact one individually.
Ray Esally
Gary Thomas
Tommasino Conito
Allen Nine
Jim Stevens
Dripping Oil Author Team
Dripping Oil Author Team
Allen Nine: allenine@comcast.net
Jim Stevens: jimmycrackedcorn@comcast.net
Ray Esally: raesally@comcast.net
Gary Thomas: geeb@hotmail.com
Tommasinno Conito: s.bourgeault@comcast.net
Ellen Stevens: ellenstevens2656@yahoo.com
Allen Nine: allenine@comcast.net
Jim Stevens: jimmycrackedcorn@comcast.net
Ray Esally: raesally@comcast.net
Gary Thomas: geeb@hotmail.com
Tommasinno Conito: s.bourgeault@comcast.net
Ellen Stevens: ellenstevens2656@yahoo.com
Saturday, March 6, 2010
Iranian Company Buys Chinese Oil Rigs
Iran Oil Rig Deal with China
China is the beneficiary of an order of an oil rig from Iran, valued at $143 million for the overall contract.
The North Oil Drilling Company, a state-run Iranian firm, also said it has orders for two more from the Chinese state energy group CNPC.
If the contract is fulfilled on time, the oil rig should be delivered sometime in the next eight months or so for use in oil and gas fields in the Persian Guld, said North Oil Drilling Company head Hedayatollah Khademi.
Iran Oil Rig Deal with China
China is the beneficiary of an order of an oil rig from Iran, valued at $143 million for the overall contract.
The North Oil Drilling Company, a state-run Iranian firm, also said it has orders for two more from the Chinese state energy group CNPC.
If the contract is fulfilled on time, the oil rig should be delivered sometime in the next eight months or so for use in oil and gas fields in the Persian Guld, said North Oil Drilling Company head Hedayatollah Khademi.
Iran Oil Rig Deal with China
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