Crude tumbles in worst quarter since 2012

mardi 30 septembre 2014

In this picture taken Nov. 24, 2009, an oil worker works on an oil drill in the province of Neuquen, Argentina. Argentina is promoting a new era of mining and energy production, welcoming billions of dollars in foreign investment to unlock huge new reserves of natural gas, oil, gold, lithium and other metals once thought to be unprofitable or out of reach. But there's one factor threatening this resource boom, something politicians and energy executives rarely mention: Huge amounts of fresh water will be required to extract these resources, in a country where water scarcity has long held back development and 16 percent of households still aren't connected to publicly treated drinking water. (AP Photo/Leonardo Petricio) U.S. crude oil prices came under heavy selling pressure over the past three months as a strong dollar, ample supplies and economic uncertainty weighed on sentiment.








via Business News http://ift.tt/1rBYC47

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