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prices

Why Oil is about to hit troubled waters

Brent crude briefly topped $70 a barrel last week, its highest since November 2014, and the obvious question was when would the shale drillers turn on the taps. The better question this time around is what will happen to demand and…

Falling Oil Price Hits Albanian Petroleum

Bankers Petroleum announced that it has revised its investment programme for 2015 down to $153 million US (€127 million) due to the continued weakness of the oil price in the international market. Last December, the company projected…

ARMO crisis increasing prices by 30%: Expert Puka

The blocking of ARMO Company refineries and the lack of domestic oil products in the market is considered absurd by experts in the field of hydrocarbons. Vladimir Puka, an expert of the field, said in an interview with AS that the…

Beqaj: Energy prices will not increase

I wish to inform the public that there will be no increase of electricity prices, said the Minister of Economic Development Besim Beqaj on 18 March in a press conference, thus excluding any possibility of increased energy tariffs, as the…

Oil prices to ease on slow economy, higher output

The world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency and as production increases steeply in Iraq and North America, the West's energy watchdog said on…

Will Oil Prices Decide the US Elections?

Before jumping into the question, a recap:In a previous article titled "Is Oil Fueling the Rise in Political Partisanship", Oil-price.net went on a search to see if rising oil prices had any influence on the behavior of American voters in…