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Msg 5570 of 14162 at 5/20/2012 7:16:43 PM by

Bloomberg energy headlines

Here's a few headlines from Bloomberg. Interesting.

Saudi Arabia Beats Russia as Top Oil Producer in March, Official Data Show
Q

Saudi Arabia boosted crude production close to a 31-year high in March, overtaking Russia as the world’s largest oil producer for the first time in six years, according to the Joint Organization Data Initiative.
Iran Says Its First Caspian Oil Find in 104 Years Holds 10 Billion Barrels
Q

Iran has discovered oil in its Caspian Sea waters for the first time in more than a century, the state-run Fars news agency reported.
Exploring Africa Seen Boosting Top Stock Bharat Petroleum: Corporate India
Q

Bharat Petroleum Corp. is the best- performing energy stock on the MSCI AC Asia Pacific Index this year and analysts say its foray into exploration in Africa to counter refining losses may mean there’s more growth to come.
Oil May Fall Next Week as Seaway Insufficient to Ease Glut, Survey Shows
Q

Oil may decline next week on concern that the reversal of the Seaway Pipeline will not be enough to alleviate a record supply glut in the central U.S., a Bloomberg survey showed.

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