Tagged: Recession

Oil prices : from a recession to another 0

Oil prices : from a recession to another

To the prestigious International Energy Agency :” If oil averages USD 120 per barrel in 2012, the global oil import burden¬† is set to reach a record high of over USD 2 trillion, or...

Could oil prices increase exponentionally ? 4

Could oil prices increase exponentionally ?

This is the question as we are breaking record high prices. To Reuters: ” Brent oil priced in euros hit a record high on Thursday on heightened tension between Iran and the West while...

Oil prices back above $100 0

Oil prices back above $100

To the AFP news agency : ” Brent crude rose on Tuesday, holding above $101 on fears that worsening turmoil in Egypt could disrupt supply flows through the strategic Suez Canal, analysts said. “...

IEA : Global CO2 emissions decreased 2

IEA : Global CO2 emissions decreased

According to a study to be released in November by the International Energy Agency, global greenhouse gases emissions decreased by no less than 2.6 percent. This can be explained by several factors. Among these...