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Bad situation caused oil soaring

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Bad situation caused oil soaring Empty Bad situation caused oil soaring

Post  Monaco Wed Feb 23, 2011 2:46 pm

A few days ago domestic product prices upwards, yesterday the oil price has soared, rare this international oil prices and domestic fuel prices standards.
Due to continuous tense situation in the Middle East, north Africa and the main oil-producing countries Libya part oil production intermit, New York market prices 22 a surge hit 28 months to closing highs.
On the same day, Libya violence upgrades, Italian eni oil companies and Spain rip sol oil company announced that suspend part in Libya's oil and gas production. Which company eni was Libya's largest oil company, the country's oil pumps accounts for about a third in world. Libya is the oil exporter county, about 160 million barrels of oil, including approximately 120 million barrels for export.
In addition, Middle East countries bahrain, Nigeria and other countries the situation also turmoil, fears, push oil prices soared mood unprecedented. alien
The international energy agency has said, keep watching crude oil market dynamic, to ensure normal operation. The organization of petroleum exporting countries (Opec) embattled, once produce crude supply shortages, will always take action, and Saudi oil producing oil 1250 million barrels of oil supply shortage, can cope.

Monaco

Posts : 5
Join date : 14/12/2010

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