US crude supplies continue to build, as the Fed decides to keep its stimulus levels consistent
Oil and Gas Market ,Opec Oil and Gas market prices Saudi Arabia Aramco Shell BP Petroleum ELF ,brent , crude NIMEX Gulf Emirates Kuwait Iraq Iran UAE Angola Russia cartel
Thursday, October 31, 2013
Tuesday, October 29, 2013
Oil Sands at a Crossroads: Alternatives to the Keystone Pipeline?
Oil Sands at a Crossroads: Alternatives to the Keystone pipeline? Carl Larry, President of Oil Outlooks, discusses "pipeline politics" and it's impact on the economy.
Monday, October 28, 2013
A Crude Extraction - Nigeria's out of control oil industry
Heavily polluted from 50 years of living with the oil industry, the Niger Delta is riddled with corruption, oil theft and sabotage. This investigation reveals why oil and the Delta's residents do not mix.
Nigeria says it's losing 400,000 barrels of oil a day to criminal activity. "The military are the biggest players. There's nothing you can do without seeking their consent", says a local oil trader. Nnimmo Bassey of Oil Watch International agues that, "oil has been the major factor that has dislocated everything", but others believe it can still benefit the local people.
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