Refine Search

  •  
  •  
Oil prices might fall on easing tensions with Iran

...day, 3 percent of world demand that averages 91 million barrels per day. Iran was once the world's third largest oil exporter, but since 2012, when Western nations expanded economic sanctions against the country to include oil, its exports...

http://chronicle.augusta.com/news/business/2013-11-25/oil-prices-might-fall-easi
Business news

...the threat of U.S. intervention in Syria have been big factors in the price increase.Neither country is a major oil exporter, but traders are concerned that the violence could spread to more important oil-exporting countries or disrupt transport...

http://chronicle.augusta.com/news/business/2013-08-28/business-news
Oil's decline feeds drop in gasoline prices

...problems could crop up at any time. Analysts are particularly worried about the transition of power in Venezuela, a major oil exporter, after the death of President Hugo Chavez. Violence has erupted in the wake of a closely contested election, and...

http://chronicle.augusta.com/news/business/2013-04-22/oils-decline-feeds-drop-ga
Oil market eyes Saudi Arabia

NEW YORK --- Beyond Libya, what's driving up oil prices is concern about Saudi Arabia.The world's largest oil exporter is dipping into its excess reserves to make up for lost exports from Libya, where a rebel uprising has largely shut...

http://chronicle.augusta.com/news/business/2011-03-08/oil-market-eyes-saudi-arab
Business
OPEC to keep production up

...that the output quota is reduced, Kilduff said. Ali Naimi, the oil minister of Saudi Arabia, the world's No. 1 oil exporter, said Monday he was "very optimistic" about global oil demand next year, playing down concerns that world economic...

http://chronicle.augusta.com/stories/2006/09/12/bus_96269.shtml
Business
Natural gas futures plunge, triggering energy dropoff

...to reduce market volatility by raising or lowering production, announced that it and Russia, the largest non-OPEC oil exporter, would meet annually on the ministerial level to coordinate policies. The announcement followed a meeting in Moscow...

http://chronicle.augusta.com/stories/2005/12/28/bus_36392.shtml
Business
Crude oil traders await impact of Rita

...natural gas production was affected. Traders were also monitoring news from Nigeria, the world's eighth largest oil exporter, where a separatist militia group has threatened oil installations after the government arrested its leader. Chevron...

http://chronicle.augusta.com/stories/2005/09/24/bus_6596.shtml
Business
Televangelist calls for assassination of foreign leader

...improve but comments by "charlatans and fascists" like Robertson only get in the way. Venezuela is the fifth largest oil exporter and a major supplier of oil to the United States. The CIA estimates that U.S. markets absorb almost 59 percent of...

http://chronicle.augusta.com/stories/2005/08/24/rel_4409.shtml
Your Faith
Oil prices decline; markets still packed with fear

...cents to settle at $46.05 on the New York Mercantile Exchange. The vote in Venezuela, the world's fifth-largest oil exporter, had been one of a slew of factors driving prices higher in recent weeks and so traders said Monday's decline could...

http://chronicle.augusta.com/stories/2004/08/17/bus_425526.shtml
Business
Oil prices fall sharply after transfer of political power in Iraq

...taken out of the market late last week after the resolution of a labor dispute in Norway, the world's third-largest oil exporter. - An Iraqi oil official said over the weekend that the country's exports now hover between 1.7 million and 1...

http://chronicle.augusta.com/stories/2004/06/29/bus_420531.shtml
Business