As the turmoil in the Middle East continues especially the Libyan riots, there are currently reports of Saudi Arabia sending its troops into Bahrain, as Bahrain requested from Saudi Arabia its support in fending off protestors. Saudi Arabia tries…
Tag: Middle East turmoil
Obama to reassure that the US is capable of dealing with energy disruptions
Following the ongoing surge in crude oil price mainly due to the turmoil in the Middle East in North Africa in the passing months, the President of the US – Barack Obama said yesterday that the US is ready to…
Oil prices outlook – 9 March
Let’s see how does the crude oil market might react as the day will progress, analyze the recent news from the Middle East and check if there is any news that might affect crude oil price: Libya Turmoil update The…
Does the Middle East turmoil affecting natural gas prices?
After yesterday’s high gains in Natural gas prices, not only natural gas spot price but also future price (Henry Hub) April devilry as it rose by 3.15% to reach 3.93$/mmbtu. There are some speculations around this recent rise, as reported…
Oil prices outlook – 4 March
Let’s examine the energy market and analyze the effects of the recent news from the Middle East on crude oil price: Libya Turmoil update The turmoil in Libya still occupies the news as there are confrontations between the rebels and…
Oil prices outlook – 3 March
There are still riots in fighting in Libya, however the recent proposed that might slow down the current turmoil as news continue to come from the Middle East as the US sent two warships to the Middle East to reach…
Petroleum stocks fall as Middle East turmoil affecting imports – March 3
The Middle East turmoil is affecting the supply of oil, and has an affect on crude oil markets as many investors are keeping close tabs on the development in the Middle East and reacting accordingly. The news from the region…
Oil prices outlook – 2 March
The recent news continue to come from the Middle East as the US sent two warships to the Middle East to reach Libya, while in Iran there are were violent protests, all this rose the anxiety level in the Middle…
Oil prices soar on Middle East turmoil escalation– March 1
The turmoil in the Middle East takes another turn, this time it’s Iran entering the list of countries with violent riots between citizens and armed forces, also the Libyan turmoil continues, all these news probably affected crude oil price as…
Oil prices outlook – 1 March
The news in the Middle East keeps on rolling; however crude oil price didn’t change much yesterday, how will oil prices act at the rest of the week, remains to be seen. Let’s examine the recent activity in the energy…