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‘Crude mania’ creates oil price bubbles

August 01, 2009 Category: International Tags: ,
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By Barry J. Foster

A veteran dealer explains why oil markets are prone to price bubbles More →

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Chart of the Week

Alberta Oil Magazine chart of the week

Outward bound; European oil exports

The EU is not generally thought of as an energy exporter, but the continent does export a bit of crude oil. While EU countries import a total of 572.5 Mt of crude oil from third-party countries, mainly Russia, Norway and western Asia, their 15.2 Mt worth of exports go mainly to the U.S. with some oil surprisingly going to Canada. More →

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