Archive for: Oil prices

Mideast fighting causes price hikes in crude oil

Mideast fighting causes price hikes in crude oil

The Israeli-Palestinian fighting has had widespread implications on the price of crude oil which has shot up to $40 a barrel since Monday. The oil rich region is stifled with brutal warfare causing changes in the crude oil market.   The final...

December 30, 2008 9:54 am / 1 comment

 

Improved energy efficiency likely to bring down the importance of oil

Improved energy efficiency likely to bring down the importance of oil

Continual technological advancements have improved energy efficiency which is likely to keep on improving with time. The use of renewable fuels has also picked up in recent times. While these advancements work to the benefit of mankind and the...

December 19, 2008 9:30 am / 1 comment

 
 

 
 

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