Archive | October, 2012

Chariot Oil and Gas Signs Agreement with Morocco for Offshore Oil Exploration

Chariot Oil and Gas Limited announced its signing of a deal with Morocco for offshore oil exploration in Rabat.

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Current Oil Prices Higher with Improved Q3 US Economic Growth

Current prices of oil moved up with better than expected quarter three growth figures of the US economy.

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Serbian Oil and Gas Company to Widen Oil Exploration Activities in Southeast Europe

Naftna Industrija Srbije is planning to expand its oil exploration projects in Southeast Europe to be able to hit its production goals for the year 2020.

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Unexpected Rise in US Oil Supplies Pushed Current Prices Lower

An unexpected increase in the crude inventories of the United States pushed the current prices of oil lower.

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US Sees Falling Diesel, Gasoline and Oil Prices

The current prices of diesel, gasoline and oil in the United States all drop.

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Fears of Middle Eastern Unrest Pushed Current Oil Prices Higher

The current crude oil prices increased after conflict in Lebanon resulted to worries of wider unrest in the Middle East.

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