Mixed crude oil in Asia (AFP)

Singapore (AFP) — gas prices were involved in trade in quiet Christmas evening in Asia, came off highs year buoyed by upbeat consumer confidence figures in u.s., analysts said.

The main contract in New York, light sweet crude for delivery in February, and shed 13 cents to $ 91.38 per barrel after hitting $ 91.63 intraday trading on Thursday, the highest level since October 2008.

Brent North Sea rough for delivery in February 18 Advanced to 94.43 cents US dollars. The price was $ 94.54 lspkit to intraday trading-level also last Thursday, I saw at the beginning of October 2008.

Prices bots are supported as u.s. consumers confidence between advanced to six-month highs, signaling more fuel demand ", the Bank Commonwealth of Australia, said in a report.

A survey of the University of Michigan released late Thursday showed confidence in the world's largest oil consumer, the user hit highs six months December.

An index is located at this month's reply to a consumer, compared to the level of 74.5 71.6 of November.

"Consumer confidence improved December level best its six months and its second highest level since the beginning of 2008," said the report of the survey.

"A space was due to improved employment expectations that consumers are more willing to spend, to adopt the chances of a more global economy ratings for."

Consumer confidence in the economic recovery of the u.s. increases the likelihood that people spend more, fuelling growth, as well as energy demand.


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Oil exports from Iraq's Kurdish, North to renew (AP)

Cairo — Iraq's recently appointed Minister of oil said Saturday as the country's oil export from the northern Kurdish region self-ruled shortly resume as part of a policy of national oil exporting country.

Some Kurds want more control over their crude oil rich region in Baghdad has argued that the oil is a national resource, under the control of the Central Government.

Iraqi Kurds signed despite oil more tens of two transactions with Western companies that are not valid by Baghdad. Exports were detained for several months after they started in June 2009 amid disagreement over the payments.

' Abd al-Karim Elaibi told Associated Press be resumed export Kurdish area in the coming days. "some" is not set date or elaborate on how to export to be part of the nation's export strategy.

Earlier this month, the predecessor of Elaibi, Hussain Al-Shahristani, said dispute on private companies accounted for the costs of equipment and how other expenses for reimbursement is inhabited, clearing the way for export.

Al-Shahristani, which currently holds the post of Vice President for energy and the new Government of Prime Minister Nouri al-Maliki said the notes were Kurds Dec 2.6 committed export 150,000 barrels today by next year.

Iraq plans to increase exports to 2.25 million barrels per day in 2011, up from 1.9 million in the present. The current oil exports account for nearly all foreign exchange earnings of Iraq.

The increase is psychologically important for Iraq as it financially, in fact.

Oil rich nation, was the birthplace of the Organization of petroleum exporting countries, has struggled to increase its oil production and exports after years of sanctions wars left much of the sector is essential to malfunction.

With the ouster of Saddam Hussein in 2003 to the attention of the invasion led to the United States turned again into revamping the sector.

Two tricks licensing international oil last year opened the door for international oil companies to re-enter the market in Iraq. Between the tasks they had taken the new seismic surveys were fields that were awarded — appreciate the efforts that contributed to raising the general reserve.


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Oil rises high 2 near us as hmirim spring (AP)

Singapore – gas prices rose to annual fresh highs near 91 a barrel Thursday in Asia like a hrali had the u.s. stock market optimism that improve on demand.

Benchmark for delivery in February rose high 90.79 barrel, the highest since October 2008, the oil was up to 8 cents to 90.57 barrel today Singapore time in electronic trading on the exchange of the New York scene. Contract rose 66 cents to settle at $90.48 on Wednesday.

Dhow Jones industrial average index and THE S & P 500 both rose to their highest levels since Wednesday April 2008 after trading Department said the economy in the u.s. rose at an annual rate in the third quarter of 2.6 percent, an increase from its previous estimate is easy.

"A very crude price is connected to the direction of the markets and the global recovery hmirim" capital advisors, Zander said in a report. "When hmirim rise, it tends to mean confidence is up and is thus more power."

Crude was also buoyed by falling u.s. bots supplies, which offer may be increased on demand. Information management of the Department of energy energy said Wednesday that supplies bots dropped by 5.3 million barrels last week and the week before. EIA said last week dropped 14.6 million barrels delivered in the previous week, the largest drop in 8 years.

"The market in which his cock in well over two years," said Barclays Capital report. "At the beginning of the year, even the most optimistic view on the market of oil does not expect ??????? of upside surprises on demand, such a drawdown of inventories faster."

Baahrim Nymex trading, heating oil contracts in January rose 0.6 percent $2.53 gallon, gasoline and other contracts ¢ 0.1 to $2.43 ????? and natural gas dropped ¢ 0.4 to 4.11 per 1,000 cubic meters.

In London, Brent crude rose 4 cents to 93.69 barrel exchange of the ICE futures trading.


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Oil hits a new high 26-month (AFP)

London (AFP) — gas prices hit a record 26-month by Friday, lifted by freezing weather and the u.s. popular before pulling low registry space before going on the holiday of Rosh Hashanah.

At about 0430 GMT London Brent North Sea bots for delivery in February Lspkit 94.74 dollars per barrel – the highest point since October 2008.

A contract was later dollars 93.86, down 39 ¢ from Thursday's closing level.

The main contract in New York, light sweet crude for delivery in February, he rallied 1.03 dollars to 91.51 on Thursday, when he hit a similar 91.63 peak 2008. A vibrant Exchange of New York closed on Friday.

"Today, due to a lack of economic news and most of the markets closed Christmas break, storage will be fine attention to any potential goes to the movements of the currency," said analyst Sucden Myrto Sokou.

"As we approach the year end, crude oil prices in recent hrali shows the basic strength on the market.

"In General, it seems that there is a strong outlook for the market of oil, crude oil prices continues their upside momentum and support very blocking strong over 90-dollar-per-barrel."

This week, icy weather conditions throughout Europe, the countries of the northeastern United States — he said what forecasters last until the end of the year – raised prices because it increases the demand for heating oil.

Market also spiked higher following the news of the day of u.s. crude reserves as ascending demand a deep consumer of oil in the world.

U.s. Stocks slumped 5.3 million barrels bots week to 17 December, more than double the market expectations of 2.3 million barrels drop, reflecting the demand for strengthening bachlla largest in the world.

"Cold weather in Europe has increased demand for distillate fuel, we have seen good demand here in the u.s. too, due to cold weather," said Andy Lipow oil Lipow Associates.

"Increasing demand of oil in the world, in the short term weather cold that contributes to why," he said.

Some of the economic data released on Thursday in the United States showed a stabilisation of the claims of the housing market, improve, a rise in consumer spending, further bolstering trade.

The market was also supports data week impressive demand from China.

Chinese oil consumption data for November released Tuesday in a "high record of 9.33 million barrels a day (mdb)," Barclays Capital said in a report.

Level was "??"??????? 1.145 mbd (14 percent) year on year growth rate of the year on year since February this year, most powerful, he said.

"Fourth quarter has seen demand growth acceleration of Chinese oil again."

The market is also weak madolr support, which enables oil decreases dollar cheaper for buyers through stronger currencies. In turn, which tends to stimulate demand and prices.


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Oil near 2 high risk appetite, cold (Reuters)

London/Singapore (Reuters)-oil floating around its higher levels than the two Friday, supported by cold weather around the globe, the appetite for risk assets and signals from OPEC it won't stop the hrali.

In Europe, benchmark Brent ICE bots for February close 48 ¢ $93.46 Friday after hitting 94.74 barrel, the highest level since October 2008.

Contracts bots of benchmark global in the u.s., which hit high 26-month of $91.63 Thursday, Friday, with floor trading NYMEX closed for Christmas.

Brent, trading at a premium to u.s. crude, has surged due partly to severe cold snap in continental Europe, and the United Kingdom.

Cloudy stuck in thousands of holiday travelers in Europe on Friday, threatens to prolong the chaos all airlines and train additional improve fuel demand.

Analysts said the oil may continue its global demand hrali strong inventories fall in 2011, which promises to be a strong year for risk assets such as confidence about the global economic recovery selects.

Reuters Jefferies CRB index of 19-merchandise (CRB) closed on Thursday its highest level since October 2008.

"With the continuous commodity index the new publication of all time highs, the S & P that supports breadth, it is difficult not to keep our bullish commodity and capital markets outlook heading into the first quarter of 2011," Barclays Capital said in a note.

"The last brought us all tourism barrel within range for Brent Botot."

OPEC sees a need for more oil

Of the most influential OPEC oil Minister Ali al-Naimi, Saudi Arabia, said on Friday he was still happy with the price of oil of 70 $-$ 80 per barrel and there was no need for extra OPEC meeting before the next scheduled one in June.

OPEC ministers are meeting in Egyptian Arab capital in this weekend that they should discuss oil production and prices, but no formal decision on the output is met.

Minister of oil united Arab Emirates said he wanted to better comply with OPEC cuts output group agreed in late 2008, and added to the current price does not reflect the basics. That chimed with the standing of OPEC oil that demand remains fragile and vmtoochim blame for hrali.

Speaking in Cairo, only the new Minister of oil in Iraq said Škrtel can meet prior to July if market conditions change, but then added that if the decision was taken to be "about price. It's designed to market conditions. "

"There are a limited number of appointments OPEC to limit its market interference," Abdul Karim Luaibi told Reuters.

Inflationary concerns

The climb of the oil more than 30 percent lower than in May of this year has revived concerns prices again could influence economic growth for fuel import countries.

The Finance Minister of South Korea warned on Friday that the buyer's fifth-largest crude oil domestic inflationary pressures in the coming year.

In India, the Government is expected to decide next week raise fuel prices mode set to cushion domestic oil retailers [ID: nSGE6BM06Q]

China, the second largest energy user in the world, raised prices of gasoline, diesel outline records on Wednesday as intended to encourage refiners to increase supply meet demand.

The Government said the companies transport forwarding ?????? rise to the population. Higher prices of goods helped raise the Chinese consumer inflation high 28 November.

(Additional reporting by Peng Seng Lee; editing by highlighting and Thomas Sue)


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Zinc-oxide Nanostructure production made easy

Zinc-Oxide NanostructureTwo scientists on a way who broke method to produce no sea-urchins for expedite work capacity and the efficiency of photovoltaïque to support. For Elias and Laetitia Philip of scientists of the Empa Mechanics of materials & Nanostructures laboratory have success in their products are not the sea urchins was made ready for solar cell be technology. New method to generally difficult procedures, more so when the goal is to lend materials new characteristics as well as new practices. Two scientists from Thun used materials do not cost a bomb and achieved these results by utilisant instrumentation at the cost of any too much time and money.


Sea-urchins spheres of polystyrene.
These nano-structure which sounds like sea urchins who who made by a method pile easily accessible. Polystyrene Microspheres of formed two pattern on deposits of semiconducting Zinc-oxide nano-wires to be formed on the basis of substrats. Hole "-to structure and Dos entered on all sides were formed which appear to be just like waters urchins.


Method of heth.
Experience the universellement ont as basic material is a polystyrene economic and easily available materials and once to the nano-thread completed, the polystyrene were removed with only Zinc-oxide nano-thread structure ready to package used in solar cells. Pound also cost competitive Method and simple.


To say the process.
Macerate process has developed success for Elias. The status quo conductivité boules polystyrene and électrolytique property, and has been successful in getting Zinc oxide déposé densément onto the surface of the polystyrene microspheres, and regular nano-Fils on time loaded at's underlying accord substrate. Dos that increase area within konsiderableman.


Used sea urchins.
These nano-surface-chadwon'-tankou structurées '' have the potential to see used in electronic and optoelectronic devices, in the special lasers, light-émettant diodes, package solar cells and detailed field-Dec.


Search team.
Swiss federal Office of energy supports the project to develop extremely dry amortisseurs (ETAs) for solar cells of nano structure and Laelatia Philip and Elias to do part of research team who are at work on Zinc oxide nano-structure. Research results to be reported in advance material focused a lot of great popularity and acquise that he had chosen to appear on the inside front cover paper board.


Expectations for the State.
Of researchers hope that surface nano-structurées '' '' would have effective light dispersion very well. Absorbante a larger amount of Sun and conversion more rayonnées electric energy power more effectively. The team good surface disc structurées this increased efficiencies of photovoltaïque who support significantly.


 


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OPEC ministers meet Arab as disposable oil price us $ (Reuters)

Cairo (Reuters)-OPEC ministers began arriving in Cairo Arab Thursday ahead of expected calls broach how high oil price of economy of the world can meet the bots like jumped higher annual over 91 a barrel.

Full Conference organization selected earlier this month to make a change to the policy export countries oil output has stuck since December 2008.

Since the oil must maintain a week more hrali 30 percent this year of low hit in May and this high scale of $91.63, hilly in two years.

Organization of Arab exporting countries (OAPEC), one of the Arab members of OPEC including exporter top Saudi Arabia, which has traditionally been viewed as a moderate price, as well as non-OPEC countries Tunisia, Egypt, Syria, Bahrain.

Ministers began arriving on Thursday when the meeting on Saturday when they will not take any formal decision on the output but you can still discuss production and price.

"$ 100 is a fair price for the time being," the most senior official oil of Libya Ghanem Shokri told Reuters the arrival in Cairo. He said that it is too soon to talk oil output changes.

Analysts say it is a strong defence encourages ???????? OPEC oil production, although the first of all by an official pumping restrictions agreed, rather than through policy change.

"I think we are going to see production more because oil is above us," said Patrick Armstrong is based on the London investment managers of Armstrong.

"The market can easily go to $ 100 because we're starting to see more assist allocation in order to maintain the real value of investment portfolios, but think we are going to see scenarios's spikes."

Ali Saudi Arabian Oil Minister Al-Naimi said at the beginning of November the consumers looking for a price range of $ 70-$ 90.

Later, he be reiterated the view this pre-this must be kept for two years to 70 $ $ 80 was the best range for producers to consumers, ensuring sufficient earnings to generate investment supply new avoiding harm economic which could break your demand.

Divergent price aspirations

But the other group pressed at the price higher, argue as regards relief, u.s. dollar (DXY) feeble that htiishr spaces between financial markets mean nominal oil price power.

Quito's earlier this month, OPEC Secretary Abdullah Al-Badri said that opec to base any change in the policy on a foundation of supply and demand rather than price alone.

"If he goes to 100 due to speculation, will not move," said OPEC Badri.

Agreed to cut of OPEC output record of 4.2 million barrels per day in December 2008 leaves much room for informal matches.

Its members have only delivered around half their cuts of the promised additional quantity was, in Reuters survey.

OPEC is stuck in the closest to the restrictions of its output the first part of 2009 when she works hard to shore up the market had crashed down just above 30 a barrel after beating the record June 2008 of almost US $ 150.

Oil demand is expected to increase next year is expected to take a completely new high power, but analysts are still careful to draw the distinction between the current market began at the beginning of a long Bull Run-decade culminated in 2008.

Where the rate of growth in demand next year in 1.5 million bpd, Reuters poll showed, only half of the peak in 2004, according to the international energy Bureau, data of 3 million bpd.

At the same time, spare capacity OPEC saving on any number of barrels million, inventory, crude oil, the world's largest consumer in the United States are still above the levels of the year before, even after this week reported a sharp decline.

(Writing by Barbara Lewis; editing by Tom Pfeiffer William Hardy)


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Report: Alaska pipeline not on long-term projects (AP)

JUNEAU, Alaska – Federal analysts believe will not be cost-effective to build a major natural gas pipeline in Alaska for the next 20 years, at least according to a report recently by the energy information administration of the USA.

Study finds domestic energy markets through 2035, high construction costs for rates and lower natural gas wellhead, in terms of 2009, like making a line still during this time. The report represents what Benneche Agency analyst calls its "best of Joe guess what is likely to result."

Two of the pipeline, the Alberta Canada, based on the TransCanada Corp., gas pipeline of Alaska Denali-The, they pursue proposals to bring gas from the North of Alaska to markets in North America or overseas 2020. Cost estimates for different options have ranged from 20 billion 41 billion for a long time to expand into Canada.

TransCanada is ExxonMobil Corp. promote line and up to 500 million in support from doing this as part of signature .Gov. then Sarah Palin Alaska Gasline Inducement Act. Denali working with BP and ConocoPhillips.

Benneche said Wednesday projections call the average price in the lower 48 wellhead to improve the point at which the project financial sense around 2033. After construction, the line can be serviced by 2036 or 2037, he said.

"It's not like we took it" image total energy, Benneche said.

For years, Alaskans have hoped for a pipeline as a way to help shore up revenue from oil production rejects, create jobs and provide a more reliable source of energy. .Gov. light Parnell has expressed optimism the chances of a line, given that they are all now TransCanada Vdnali negotiating with gas producers, and are designed to secure the delivery obligations.

Widely believed a same only one pipeline, if one opens the rule. Officials said their consider factors such as long term gas prices, provide tax rates predictions in evaluating moving forward.

The decision is going to be "up to the companies," said Larry Persily, manages federal natural gas pipeline projects to Alaska.

He said that the report does not worry or overwhelm it. For example, its sales projections do not include proposed changes to federal law or regulations governing, for example, gas shale gas can produce on-demand, create more impressive, Alaska gas Persily said.

A team of Alaska gas line believes that a separate report to the State Commission on outlook gas development project "support of the gas line," said Marc Morones, program manager of the Alaska Gasline Inducement Act.

TransCanada spokesman did not immediately return a call Wednesday. Dover Denali was out of the Office.


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