Page 3 - Miura Tomokazu San News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Miura, meanwhile are saying if libya and algeria are both forced to shut down production completely, the price of oil could soar as high as $220 a barrel. that s based partly on what happened to the oil prices back in the first gulf war back in 1990. and 1991. i guess we should point out, too, charles, the gulf war directly affected saudi arabia. and so far there s no word yet that saudi has been carried into this unrest. they say $220 is still pretty high a number, too high a number at this stage. yeah, certainly, i think a lot of people will be hoping that, andrew. now, international oil companies in libya are increasingly looking for exit, at least for now. it s with zane and basf pulled ....

Eastern Libya , Oil Prices , Charles Hobson , Saudi Arabia , Gulf War , Andrew Stevens , International Oil Companies ,