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Oil and Gas Refining

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  • Shares in Tokyo dropped following the deadly March 11 earthquake and tsunami

    Jittery traders sold pretty much everything Monday as the tragedy in Japan roiled global markets, but longer-term investors were looking at the move as a natural pullback likely to create opportunities.

  • What Currencies Will Benefit From High Oil Prices? Monday, 14 Mar 2011 | 1:36 AM ET
    Dollars and Yen

    Oil prices are driven by a supply shock rather than increased demand due to a stronger world economy, so investors in currencies look to "risk" rather than "macro" factors, David Bloom, global head of foreign exchange research at HSBC, wrote in a market note.

  • Tensions Running High in Saudi Arabia Friday, 11 Mar 2011 | 9:06 AM ET

    Tensions are high in Saudi Arabia in expectations of protests akin to the ones that have swept across the Arab World. CNBC's Yousef Gamal El-Din reports.

  • Reports of police firing on protestors in the Saudi Arabian city of Qatif evoke a possible nightmare scenario for the disruption of oil from a country that sits atop the world's largest proven oil reserves.

  • The unrest in the Middle East is coming in waves. The tidal wave it has created at the pump is taking a big bite out of consumers wallets. We hear about our nation's untapped oil reserves but with the "no new wells" policy there is no hope it can be explored.