Tag: spreading

Brent Crude at $104 per Barrel on Spreading Mideast Unrest

Filed in commodities, Gold, Lear, New Gold, o, Spot Gold by on February 15, 2011 0 Comments
Brent Crude at $104 per Barrel on Spreading Mideast Unrest

Filed under: China , Middle East , Commodities , Oil When it comes to the biggest threat to world economies, oil scarcity is second only to nuclear war. What started in Tunisia, then spread to Egypt has now spreading to Bahrain and Iran, where protesters are clashing with police. In Iran, lawmakers are threatening death to protesters. The fear of chaos spreading across the Middle East has sent the oil market into overdrive. Brent crude traded at $104 per barrel Tuesday. Continue reading Brent Crude at $104 per Barrel on Spreading Mideast Unrest Brent Crude at $104 per Barrel on Spreading Mideast Unrest originally appeared on BloggingStocks on Tue, 15 Feb 2011 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Oil Spill Damage Spreading Across Gulf Economies

Filed in economy, New Gold, South African Gold, Spot Gold by on June 1, 2010 0 Comments
Oil Spill Damage Spreading Across Gulf Economies

Filed under: BP p.l.c. ADS (BP) , Economic Data , Oil The damage from the oil spill is spreading rapidly across Gulf Coast economies . With as estimated 19,000 barrels a day spewing into the ocean, the damage is increasing, not by millions but by billions. The numbers range from $14 billion way up to $100 billion. The range is so big because no one knows when the spill will stop. The Gulf region is home to several big industries, among them tourism, fishing, oil and shipping, which account for some $234 billion in economic activity. Two thirds of that amount is in the U.S. and the other third is in Mexico. Continue reading Oil Spill Damage Spreading Across Gulf Economies Oil Spill Damage Spreading Across Gulf Economies originally appeared on BloggingStocks on Tue, 01 Jun 2010 11:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Iran offers to help contain US oil spill

Filed in gld by on May 4, 2010 0 Comments

Press TV | The National Iranian Drilling Company (NIDC) has offered to assist the US in efforts to prevent an ecological disaster caused by the spreading oil spill in the Gulf of Mexico.

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