Global business and business to business trading has not suffered much from the ongoing Jasmine Revolution, despite fears that oil will push up to $120 per barrel. As rebels have taken control of important oil ports, the price of crude has dropped. If the rebel offensive can successfully navigate through Sirte, Gadhafi’s hometown, hopes are [...]

As the Arab world continues its revolution and Qaddafi grows more and more irate watching power slip through his fingers like sand, economies are growing nervous. Oil just hit $100 a barrel. Saudi Arabia is ready to make up for the shortfall, as it talks to European oil companies. High oil business prices are poised [...]