Oil Goes Higher As Mid East Tension Mounts

Friday, October 13, 2000
U.S. oil markets stayed on high alert Friday as traders watched for signs of further escalation in the Middle East's political crisis and of possible impact on tight oil supplies. Rising regional violence pushed crude oil prices up three dollars on Thursday as fears of a cut in Middle East oil flows at a time played on concern that the U.S. is heading into winter with a big deficit in heating fuel. November crude on the New York Mercantile Exchange eased 56 cents to $35.45 a barrel by midday, barely two dollars below post-Gulf War highs as traders watched for further fallout from Israeli forces' Thursday attack on Palestinian President Yasser Arafat's West Bank headquarters.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

VesselValue.com: $28.4B Worth of Ships Delivered to Date

As the calendar now indicates we have passed the half year mark on 2016, VesselValue.com offers insight on the number and value of all the 2016 built vessels that

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0728 sec (14 req/sec)