Can more crude be extracted and increase the supply or is the production at a standstill?Â

Sadad al-Husseini and Nansen Saleri climbed positions in Saudi Aramco, the most powerful oil company in the world, collaborating during years to extract more crude from the immense locations of Saudia Arabia. Today, however, they are in opposite sides of a momentous debate for the oil industry. Leer más »

The prices were skyrocketed five dollars after Libya affirmed that it evaluates options to clip its production in answer to the threats of the USA against the crude producing countries.

The future of the north american crude ascended more than five dollars on Thursday, to set a record mark over the 140 dollars the barrel, bolstered by the news that Libya was evaluating a production cutting and because of the weakening of the dollar. Leer más »