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Oil Price

Sydney’s RTA builds M2 exit lanes for $200 oil

This is a M2 construction work update for calendar week 14/2011. Contractors have started to build exit lanes for $200 oil just as 3 parties are now fighting for oil in Libya: Gaddafi, rebels from Benghazi and Europeans under NATO. The daily volume at stake is 1.6 mb/d, more than 3 times Australian production. The [...]