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Tag: crude oil
Crude oil redux: Rare earth elements, and their strategic stranglehold of modern life
2014-11-28 14:01:05| Extremetech
Many have relaxed about the Chinese stranglehold over rare earth elements, but the crisis is far from averted.
Brent crude oil dips to $79.20 as traders' hopes of an output cut by OPEC wane
2014-11-25 01:00:00| Offshore Technology
The price of Brent crude oil dropped towards $79.20 a barrel today as traders' expectations of a major output reduction by OPEC dwindled.
Crude Oil Price War Not Happening, Saudi Arabia's Oil Minister Says
2014-11-14 01:36:37| IT Services - Topix.net
Crude oil prices continue to sink, but Saudi Arabia's oil minister rejected talk Wednesday that the country is leading a price war in global markets. "Talk of a price war is a sign of misunderstanding - deliberate or otherwise - and has no basis in reality," Ali Al-Naimi told a conference in Acapulco, according to the text of his speech obtained by Agence France-Presse.
Velocity Midstream to build crude oil gathering system in Central Oklahoma
2014-11-14 01:00:00| Hydrocarbons Technology
Velocity Central Oklahoma Pipeline, a subsidiary of Velocity Midstream Partners, will build a crude oil gathering and transportation system for Continental Resources.
Tags: system
central
build
oil
Brent crude drops towards $81 despite oil supply disruptions in Libya
2014-11-12 01:00:00| Offshore Technology
The price of Brent crude dropped near $81 a barrel today amid concerns of a surging supply glut, outweighing supply disruption worries in Libya.
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