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Petroleos Mexicanos close 2nd Crude Oil Export Terminal
Pemex or Petroleos Mexicanos, the state-owned oil company, closed a second crude-export terminal in the Gulf of Mexico after bad weather conditions got worse. The terminal at the port of Coatzacoalcos was shut, Mexico’s Merchant Marine said today in a weather bulletin on its website. The port of Dos Bocas was closed earlier, while the [...]
Oil Trade Low 48 hours, Futures Slip 1 percent
Favoritearea.com – Oil traded near a two-day low in New York on speculation that fuel demand may falter as Europe struggles with its debt crisis and stockpiles increase in the U.S., the biggest crude consumer. Futures were little changed after slipping 1 percent yesterday. Greek Prime Minister Lucas Papademos plans to meet the nation’s political [...]
Iran Oil Export 2012 Cut some Place in Europe
Iran oil export 2012, Iran’s oil minister said that the Islamic state would certainly cut its oil exports to “some” European countries, the semi-official Fars news agency reported on Saturday. “Our oil exports will certainly be cut to some European countries … We will decide about other European countries later,” Fars quoted Rostam Qasemi as [...]
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