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Oil hits $100 mark



Oil prices have reached $100 per barrel, almost reaching the peak point of $101.70 set in 1980 during the war between Iraq and Iran.

Analysts say the high price is the result of a combination of things - geopolitical turmoil, weak US dollar and tight energy stockpiles.

Troubles in Nigeria also raised the price of oil. Attacks of the rebels in Nigeria drive away workers and investors from the oil-rich region.

Slow output of oil from the OPEC has also helped to rise the price by nearly 58%. OPEC is the source of a third world's oil, kept the output of oil steady in December, rather then increasing it as oil consumer countries urged.

Tagged as news oil dollar nigeria opec


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Apple is delaying its Apple TV launch

Apple Inc. has delayed until March the launch of its gadget for streaming video and other content from computers to TVs, but the company would not explain why. The company had said in January the $299 Apple TV set-top box would be available this month. Apple TV is designed to move digital content from a user's computer to a TV set and is anticipated to be a highly competitive product in the growing crop of offerings that deliver Internet-based videos to the television.

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Tagged as apple tv tv technology apple launch


Have You Seen Me?

Google NY office is searching for a runaway python. 1-meter long python Kaiser was lost on 1 April, brought to the building by one of the employees. He was last seen on the fourth floor.All office workers were notified not to touch the python and not try catch it.First python on the loose was considered a bad Fool's Day joke, but the company has confirmed, that it is all serious.

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Tagged as python runaway funny google

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Comments1 comments
Jan 4 04:57 am

in Pakistan its 100 Rs per litter and and 1 rs = 67

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