Only about 26 percent of the oil from the Deepwater Horizon leak is still in the water or onshore, and most of it is diluted and breaking down rapidly, officials say.
Oil In Gulf Poses Only Slight Risk, New U.s. Report Says
By JUSTIN GILLIS, New York Times
Tue, 08/03/2010 - 9:05pm
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BING NEWS:
- Most Gulf markets end lower on US rate cut worries
Most stock markets in the Gulf ended lower on Wednesday, extending losses from the previous session, as U.S. Federal Reserve officials reiterated interest rates are likely to stay higher for longer.
04/17/2024 - 1:28 am | View Link - Gulf Markets Experience Ease Amid Concerns Over US Rate Cuts
Given that many Gulf currencies are pegged to the U.S. dollar, any shifts in U.S. monetary policy typically reverberate across the region, influencing the policies of countries like Saudi Arabia, the ...
04/17/2024 - 12:01 am | View Link - Oil Prices Dip as Demand Worries Outweigh Mideast Supply Fears
Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in US commercial stockpiles outweighed supply fears from heightened ...
04/16/2024 - 9:08 pm | View Link - IMF Raises Growth Forecast for Saudi Economy to 6% in 2025
The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth in 2025 to 6 percent – up from 5.5 percent predicted in January. The IMF also said the Kingdom’s output ...
04/16/2024 - 6:59 pm | View Link - Ukraine’s attacks on Russian oil refineries deepen tensions with U.S.
a tactic U.S. officials believed would raise global energy prices and invite more aggressive Russian retaliation inside Ukraine.
04/14/2024 - 10:00 pm | View Link - More
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