(EnergyAsia, July 3, Tuesday) — World oil reserves fell for the first time since 1990 as oil companies struggled with limited resources, rising costs and increasingly nationalistic government policies, said BP in its latest Statistical Review of World Energy. World oil reserves fell to 1,208.2 billion barrels at the end of 2006 from 1,209.5 billion…
MARKETS: World oil reserves down. Russia makes another asset grab. BP says no worries.
Posted on July 2, 2007 by EnergyAsia