WEDNESDAY NOVEMBER 12
Tehran: Falling Oil Prices Totally Annoying, To Say The Least

Just as oil-rich Iran was up and running (not to mention the rest of the energy world) of course this had to happen. With the crossing of crude futures below the $60 handle, big Middle East producers are now revising their spending plans, even as Asian investors yank their money from exploration projects. A rundown of what this could mean for the industry over the long-term – and exactly where oil needs to be to get the Big Oil machine to sputter to life again.

November 2008

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