| Oil prices surged as hurricane Isaac gained traction in the Gulf of Mexico. Some experts even warned of disasters greater than those imagined: stirring up oil from the legendary BP oil spill. But then the prices slipped as the supplies climbed and the Isaac threat faded.
Overall the global oil consumption has remained particularly stymied during two thirds of the year, predominantly because of stalled European Union with US and China as runner ups in the slowdown...............................................Full Article: Source
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