The year 2007 is almost over, all the happenings we had along the year all affected the final consumer price, but the most used by oil companies and Governments was SPECULATION...
SPECULATION has kept the crude prices high and in turn the crude producing countries have used this instrument to obtain higher and higher profits... compared to the same time last year... PETROL PRICES FINISH THE YEAR IN THE 61 DOLARS PER BARREL.LAST SESSION OF 2006 CLOSED THE NYMEX AT 61,05 DOLARS, WHILE THE BRENT FOR REFERENCE IN EUROPE CLOSED 60,86 DOLARS.
Now as we reach the end of 2007 we have the PETROL PRICES FINISH THE YEAR IN THE +/- 92 DOLARS PER BARREL...quite a difference... with no major happenings to justify this increase .... so who is to blame...!! blame the oil companies...Governments...Crude exporters...BLAME SPECULATION...
SOUTH AFRICA SPRINGBOKS
South Africa laid the groundwork with traditional Springbok rugby and finished an out-gunned England side off with two late tries to win ...
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Super95 is the most common type of fuel in Europe and is found on each gasoline station. Portugal the price for gasoline are 14-19% more ... -
Please note these details may be subject to change THE NEWEST NATION IN EUROPE… PORTAXLAND This European Nation has so many t... -
Commodities headed for their biggest weekly gain in 33 years as oil rose for a third day and a weakening dollar revived demand for raw mater...
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