Monday, March 10, 2008

Oil prices dip under US$105 as tensions ease between Venezuela and Colombia

As tensions eased between Venezuela and Colombia, oil prices dipped under US$105 a barrel. Over the weekend, Venezuela is reported to be restoring full diplomatic ties with Colombia after they were broken off following a cross-border Colombian attack on a leftist rebel camp in Ecuador.Last week, rebels attacked and shut down a Colombian pipeline that transports 60,000 barrels of oil a day in retaliation for the Colombian raid into Ecuador.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11831&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: