Oil bulls cheered by the prospect of $100 oil beware. A rally in prices may be short-lived.
Oil Price Spike Could be Short-lived
Canada’s Barrick Gold Corporation has announced that it has reached an agreement on creating a share-for-share merger between Barrick and Randgold Resources Limited, in a major deal worth US$18.3bn
Source: African Review
Barrick Gold and Randgold Resources agree to US.3bn merger
Shell-led LNG Canada proposes to export as much as 26 million tons per year to Asia.
Shell Exec Says Canada Pipeline Debacle Won't Affect LNG Decision