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2011–2013 World Oil Market Chronology
2011 Political turmoil in Egypt, Libya, Yemen, and Bahrain drove oil prices to $95/barrel in late February 2011. A few days prior, oil prices on the NYMEX closed at $86. Oil prices topped at $103 on February 24 where oil production is curtailed to the political upheaval in Libya. Oil supplies remained high, and Saudi Arabia assured an increase in production to counteract shutdowns. Still, the Mideast and North African crisis led to a rise in oil prices to the highest level in two years, with gasoline prices following. Though most Libyan oil went to Europe, all oil prices reacted. The average price of gasoline in the United States increased 6 cents to $3.17. On March 1, 2011, a significant drop in Libyan production and fears of more instability in other countries pushed the price of oil over $100 a barrel in New York trading, while the average price of gas reached $3.37. Despite Saudi promises, the sour type oil the country exported could not replace the more desirable sweet L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab Spring
The Arab Spring () was a series of Nonviolent resistance, anti-government protests, Rebellion, uprisings, and Insurgency, armed rebellions that spread across much of the Arab world in the early 2010s. It began Tunisian revolution, in Tunisia in response to corruption and economic stagnation. From Tunisia, the protests initially spread to five other countries: Libya, Egypt, Yemen, Syria and Bahrain. Rulers were deposed (Zine El Abidine Ben Ali of Tunisia, Muammar Gaddafi of Libya, and Hosni Mubarak of Egypt all in 2011, and Ali Abdullah Saleh of Yemen in 2012) and major uprisings and social violence occurred, including riots, civil wars, or insurgencies. Sustained street demonstrations took place in Morocco, Iraq, Algeria, Lebanon, Jordan, Kuwait, Oman and Sudan. Minor protests took place in Djibouti, Mauritania, Palestine, Saudi Arabia and the Western Sahara. A major slogan of the demonstrators in the Arab world is ''Ash-shab yurid isqat an-nizam, ash-shaʻb yurīd isqāṭ an- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yahoo Finance
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers online tools for personal finance management, including portfolio tracking, interactive charts, and stock screening. In addition to posting paid partner content from other web sites, it posts original stories by its team of staff journalists. Comscore ranked Yahoo Finance as the number 1 most popular financial news and research site in 2008, a ranking it has continued to maintain as of May 2024. , the site had approximately 150 million monthly active users. In 2017, Yahoo Finance added the feature to look at news surrounding cryptocurrency. Yahoo Finance video programs have been made available via connected TVs and devices, including Apple TV, Samsung TV Plus, YouTube, Amazon Freevee, and DirecTV. History In 2001, Yahoo Finance launched a subscription service provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USA Today
''USA Today'' (often stylized in all caps) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth in 1980 and launched on September 14, 1982, the newspaper operates from Gannett's corporate headquarters in New York City. Its newspaper is printed at 37 sites across the United States and at five additional sites internationally. The paper's dynamic design influenced the style of local, regional, and national newspapers worldwide through its use of concise reports, colorized images, informational graphics, and inclusion of popular culture stories, among other distinct features. As of 2023, ''USA Today'' has the fifth largest print circulation in the United States, with 132,640 print subscribers. It has two million digital subscribers, the fourth-largest online circulation of any U.S. newspaper. ''USA Today'' is distributed in all 50 states, Washington, D.C., and Puerto Rico, and an international edition is distributed in Asia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Program Of Iran
The nuclear program of Iran is one of the most scrutinized nuclear programs in the world. The military capabilities of the program are possible through its mass enrichment activities in facilities such as Natanz and Arak. In June 2025, the International Atomic Energy Agency (IAEA) found Iran non-compliant with its nuclear obligations for the first time in 20 years. Iran retaliated by launching a new enrichment site and installing advanced centrifuges. Iran's nuclear program began in the 1950s under the Pahlavi dynasty with US support. It expanded in the 1970s with plans for power reactors, paused after the 1979 Iranian Revolution, and resumed secretly during the 1980s Iran–Iraq War. In the 1990s, Iran pursued a full nuclear fuel cycle and acquired centrifuge technology through illicit networks, including ties with Pakistan and North Korea. Undeclared enrichment sites at Natanz and Arak were exposed in 2002, and Fordow, an underground fuel enrichment site, was reveale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union Sanctions Against Iran
There have been a number of international sanctions against Iran imposed by a number of countries, especially the United States, and international entities. Iran was the most sanctioned country in the world until it was surpassed by Russia, following Russia's invasion of neighboring Ukraine in February 2022. The first sanctions were imposed by the United States in November 1979,Haidar, J.I., 2017Sanctions and Exports Deflection: Evidence from Iran," Economic Policy (Oxford University Press), April 2017, Vol. 32(90), pp. 319-355. after a group of radical students seized the American Embassy in Tehran and took hostages. These sanctions were lifted in January 1981 after the hostages were released, but they were reimposed by the United States in 1987 in response to Iran's actions from 1981 to 1987 against the U.S. and vessels of other countries in the Persian Gulf and US claims of Iranian support for terrorism. The sanctions were expanded in 1995 to include firms dealing with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strait Of Hormuz
The Strait of Hormuz ( ''Tangeh-ye Hormoz'' , ''Maḍīq Hurmuz'') is a strait between the Persian Gulf and the Gulf of Oman. It provides the only sea passage from the Persian Gulf to the open ocean and is one of the world's most strategically important choke points. On the north coast lies Iran, and on the south coast lies the Musandam peninsula, shared by the United Arab Emirates and the Musandam Governorate, an exclave of Oman. The strait is about long, with a width varying from about to . A third of the world's liquefied natural gas and almost 25% of total global List of countries by oil exports, oil consumption passes through the strait, making it a highly important strategic location for international trade. It has been so for centuries; its vast hinterlands were rich in luxury trade goods with no easy access to lucrative trading ports. Babur's memoirs recount how almonds had to be carried from the distant Fergana Valley, Ferghana region to Hormuz to reach markets. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the northeast, Afghanistan to the east, Pakistan to the southeast, and the Gulf of Oman and the Persian Gulf to the south. With a Ethnicities in Iran, multi-ethnic population of over 92 million in an area of , Iran ranks 17th globally in both List of countries and dependencies by area, geographic size and List of countries and dependencies by population, population. It is the List of Asian countries by area, sixth-largest country entirely in Asia and one of the world's List of mountains in Iran, most mountainous countries. Officially an Islamic republic, Iran is divided into Regions of Iran, five regions with Provinces of Iran, 31 provinces. Tehran is the nation's Capital city, capital, List of cities in Iran by province, largest city and financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brent Versus WTI
Brent may refer to: *Brent (name), an English given and surname Place name ;In the United States *Brent, Alabama *Brent, Florida * Brent, Georgia * Brent, Missouri, a ghost town * Brent, Oklahoma ;In the United Kingdom * Brent, Cornwall * Brent Knoll, a hill in Somerset, England *Brent Knoll (village), a village at the foot of the hill *East Brent, another village at the foot of the hill *London Borough of Brent, England ** Brent (electoral division), Greater London Council *South Brent, Devon, England ;Elsewhere * Brent, Ontario, a village in Algonquin Provincial Park, Canada * Brent crater, a meteor crater named after the village of Brent, Ontario *Brent oilfield, North Sea In fiction * Brent (''Planet of the Apes'') * Corey Brent, fictional character on the ITV soap opera ''Coronation Street'' * David Brent, fictional character on the BBC television comedy ''The Office'' * Stefan Brent, fictional character on the ITV soap opera ''Coronation Street'' * Brent Scopes, fic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The News & Observer
''The News & Observer'' is an American regional daily newspaper that serves the greater Triangle area based in Raleigh, North Carolina. The paper is the largest in circulation in the state (second is the '' Charlotte Observer''). The paper has been awarded three Pulitzer Prizes, the most recent of which was in 1996 for a series on the health and environmental impact of North Carolina's booming hog industry. The paper was one of the first in the world to launch an online version of the publication, Nando.net in 1994. Ownership On May 17, 1995 the News & Observer Publishing Company was sold to McClatchy Newspapers of Sacramento, California, for $373 million, ending 101 years of Daniels family ownership. In the mid-1990s, flexo machines were installed, allowing the paper to print thirty-two pages in color, which was the largest capacity of any newspaper within the United States at the time. The McClatchy Company currently operates a total of twenty-nine daily newspapers in fourt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Daily News
The ''Daily News'' is an American newspaper based in Jersey City, New Jersey. It was founded in 1919 by Joseph Medill Patterson in New York City as the ''Illustrated Daily News''. It was the first U.S. daily printed in Tabloid (newspaper format), tabloid format, and reached its peak circulation in 1947, at 2.4 million copies a day. it was the eleventh-highest circulated newspaper in the United States. For much of the 20th century, the paper operated out of the historic art deco Daily News Building with its large globe in the lobby. Today's ''Daily News'' is not connected to the earlier ''New York Daily News (19th century), New York Daily News'', which shut down in 1906. The ''Daily News'' is owned by parent company Daily News Enterprises. This company is owned by Alden Global Capital and was formed when Alden, which also owns news media publisher Digital First Media, purchased then-owner Tribune Publishing in May 2021 and then separated the ''Daily News'' from Tribune to form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
