NewsWhore
03-22-2011, 04:40 PM
The oil invoice will increase by US$1.003 billion this year if we take into account the price projection issued by the International Monetary Fund (IMF).
In 2010, the average price of oil from OPEC, Brent North Sea and West Texas Intermediate, according to the IMF was US$79.05 a barrel, but this year it will close at US$97.32, according to projections, which will be an increase of 23.1% compared to last year.
The oil bills for last year were US$3.427 billion and there is a 23.1% increase, plus the 5% that the economy is expected to grow, this year's bill will be more than US$4.330 billion, according to estimates by economist Henri Hebrard. The stand-by arrangement with the IMF only takes into account an oil bill of "barely" US$3.544 billion, some US$116.7 million more than in 2010, but with the new international situation, this will mean an overdraw of US$902.7 million in imports.
Yesterday the West Texas Intermediate rose 1.24% and ended the day on the New York Mercantile Exchange (NYMEX) at US$102.33 a barrel, influenced by the beginning of attacks by the international coalition in Libya over the weekend and leaving behind the 0Yesterday the West Texas Intermediate rose 1.24% and ended the day on the New York Mercantile Exchange (NYMEX) at US$102.33 a barrel, influenced by the beginning of attacks by the international coalition in Libya over the weekend and leaving behind Friday's 0.34% fall in prices.
In January of this year the country consumed 106,137,303 million gallons of fuel, more than 5,025,765 gallons more than the year before. In January, the consumption of propane gas (LPG) was 31.7 million gallons; premium gasoline was 7.7 million gallons, regular consumption in gallons was 16.6 million, and regular diesel was 17.8 million and premium diesel was 2.8 million.
More... (http://www.dr1.com/index.html#4)
In 2010, the average price of oil from OPEC, Brent North Sea and West Texas Intermediate, according to the IMF was US$79.05 a barrel, but this year it will close at US$97.32, according to projections, which will be an increase of 23.1% compared to last year.
The oil bills for last year were US$3.427 billion and there is a 23.1% increase, plus the 5% that the economy is expected to grow, this year's bill will be more than US$4.330 billion, according to estimates by economist Henri Hebrard. The stand-by arrangement with the IMF only takes into account an oil bill of "barely" US$3.544 billion, some US$116.7 million more than in 2010, but with the new international situation, this will mean an overdraw of US$902.7 million in imports.
Yesterday the West Texas Intermediate rose 1.24% and ended the day on the New York Mercantile Exchange (NYMEX) at US$102.33 a barrel, influenced by the beginning of attacks by the international coalition in Libya over the weekend and leaving behind the 0Yesterday the West Texas Intermediate rose 1.24% and ended the day on the New York Mercantile Exchange (NYMEX) at US$102.33 a barrel, influenced by the beginning of attacks by the international coalition in Libya over the weekend and leaving behind Friday's 0.34% fall in prices.
In January of this year the country consumed 106,137,303 million gallons of fuel, more than 5,025,765 gallons more than the year before. In January, the consumption of propane gas (LPG) was 31.7 million gallons; premium gasoline was 7.7 million gallons, regular consumption in gallons was 16.6 million, and regular diesel was 17.8 million and premium diesel was 2.8 million.
More... (http://www.dr1.com/index.html#4)