Archive | July, 2012

Current US Crude Prices Higher for Fourth Straight Day

The current prices of U.S. Crude finished higher for the fourth straight day due to investors’ hopes on the situation of Europe.

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Current Oil Prices Increase after ECB Commits Euro Protection

The current price of oil increases as the head of the ECB made a commitment to do everything to protect the euro.

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Top E and P Oil Companies Expected to Report Decreased Q2 Revenues

The top oil exploration and production companies in the U.S. such are expected to report lower quarter two revenues compared to last year.

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Reliance on foreign crude worries American voters

A survey reveals that voters dread U.S.’ dependence on foreign crude. But experts say oil independence is damaging and close to impossible.

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Oil giant sets the mood for oil investment in Afghan assets

There’s a growing interest in Afghanistan’s oil fields despite security risks. Exxon’s plan to purchase Afghan oil blocks induce more investments.

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AAA: Gas Price Decline Seems to Have Ended

The consecutive drop in gasoline prices appears to have ended for the remaining days of the summer as it has already gained by 12 cents since the month of July started said the AAA.

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