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Tag Archive | "oil prices"

Oil Prices Fell For Bit with Prospect of Libyan Oil Back Online

39 International oil prices fell Monday on the prospect that exports from Libya will return to the market at a time of economic weakness. International oil prices fell Monday because of the prospect that Libyan oil shipments will hit the market again, but it could be a year or more before Libya produces enough oil […]

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Oil Jumps 8.5% from Friday to President’s Day

34 Oil prices soared to the highest level in more than two years as violence spread in Libya and Moammar Gadhafi’s grip weakened over the country. A Fear Tax is the increase in price of oil when there is some worry that there will be disruption in oil supplies from the Middle East. And that […]

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