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Health Minister meets with Iranian Deputy Minister of Health tanzanianewsreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tanzanianewsreports.com Daily Mail and Mail on Sunday newspapers.
Wrestlers vow to fight Olympic removal dailystar.com.lb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailystar.com.lb Daily Mail and Mail on Sunday newspapers.
High Oil Prices: Caught in a Sea of "Vicious Cycles" economywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economywatch.com Daily Mail and Mail on Sunday newspapers.
1 July 2011. Recently, the International Energy Agency (IEA) announced its intentions to release nearly 2 million barrels of oil per day into the market over the next month so as to boost supply and drive down prices. Naturally, the Organisation of Petroleum Exporting Countries (OPEC) didn’t take too kindly with that decision. President Mohammad Aliabadi declared, “the market is under normal conditions. Supply and demand are desirable. There is no additional need for supply in the market.” Although the IEA’s decision appears to be justified, particularly with the loss of Libyan and Yemeni oil, oil prices have been barely affected and still remain fairly high. According to Dr. Anas F. Alhajji, Chief Economist at NGP Energy Capital Management, high oil prices are unlikely to ever come down as “vicious cycles” put oil prices on an upwards march. ....