Louisiana Light • 2 days | 78.61 | -1.95 | -2.42% | |||
Bonny Light • 1 day | 81.28 | +1.10 | +1.37% | |||
Opec Basket • 2 days | 85.00 | +1.11 | +1.32% | |||
Mars US • 29 days | 79.71 | -2.05 | -2.51% | |||
Gasoline • 16 hours | 2.121 | -0.055 | -2.51% |
Bonny Light • 1 day | 81.28 | +1.10 | +1.37% | |||
Girassol • 1 day | 81.92 | +1.12 | +1.39% | |||
Opec Basket • 2 days | 85.00 | +1.11 | +1.32% |
Peace Sour • 1 day | 59.71 | -1.90 | -3.08% | |||
Light Sour Blend • 1 day | 63.56 | -1.90 | -2.90% | |||
Syncrude Sweet Premium • 1 day | 68.16 | -1.90 | -2.71% | |||
Central Alberta • 1 day | 61.71 | -1.90 | -2.99% |
Eagle Ford • 2 days | 72.44 | -1.90 | -2.56% | |||
Oklahoma Sweet • 2 days | 72.00 | -2.00 | -2.70% | |||
Kansas Common • 5 days | 65.00 | -0.75 | -1.14% | |||
Buena Vista • 3 days | 83.98 | +1.45 | +1.76% |
Total OPEC+ cuts could approach…
Rystad Energy has identified 10…
Chinese fiscal assistance is allowing Pakistan to begin rebuilding its energy infrastructure in its portion of the contested Himalayan state, which it labels âAzad Kashmir,â heavily damaged during last yearâs flooding.
A senior official at the Planning Commission told journalists, "The main objective of the project is the restoration of the power supply to the flood affected areas in Azad Jammu and Kashmir (AJK) which were fully or partially damaged due to floods in July-August 2010.
The reconstruction of the distribution infrastructure in AJK will reverse the devastating impact of the flood, reviving the areasâ economic activity and enabling the people to return to normal life and to provide electricity to the areas which were turned into dark due to damage of electrical works. This project will support the AJK government to achieve targets for revenue collection from the industrial, agriculture and social sectors."
The 2010 floods, heavy rains and landslides damaged 11 0.4 kilowatt lines, distribution transformers and other equipment throughout Azad Kashmir and the recent government initiatives are intended to restore and rehabilitate the provinceâs power infrastructure to pre-flood levels, the Pakistan Observer reported.
Planning Commission analysts speaking on condition of anonymity noted, "The project is the rehabilitation and not a new project. The sponsors may justify annual operating and maintenance costs as the project is not a new project and is part of the original projects."
By. Charles Kennedy, Deputy Editor OilPrice.com
Oil Prices Fall Further As U.S. Crude Oil Inventories See Major Build
Second Israel-Linked Vessel Seized in the Gulf of Aden
OPEC Said To Consider Additional 1 Million Bpd Output Cut
OPEC+ Reaches Preliminary Agreement to Deepen Oil Production Cuts
Crude Oil Inventory Balloons but Gasoline, Diesel Inventories Fall
ADVERTISEMENT
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com