Energy News Roundup: A Perfect Storm for Higher Oil Prices?
Breaking Energy 2013-08-18
Summary:
The price of West Texas Intermediate crude had risen for five consecutive days as of yesterday afternoon – “the longest stretch of gains since April” – on news of escalating unrest in Egypt, as Brent hit a four-month high. A police crackdown on protests in Egypt has left more than 500 dead. [Bloomberg] Iran has… Keep reading →
Tags: BP, Brent, Crude, Drilling Rig, Egypt, Gulf of Mexico, India, Iran, Iraq, Marathon, Offshore, Oil Prices, Oil Tanker, Persian Gulf, Shipping Corp of India, US Gulf Coast, West Texas Intermediate