Archive for the 'Oil Prices' Category

Voyager Petroleum Announces Factoring Agreement With BLN Capital Funding, LLC Through Fifth Third Bank

Friday, June 6th, 2008

HINSDALE, Ill., June 6, 2008 (PRIME NEWSWIRE) — Voyager Petroleum Inc. (OTCBB:VYGO) (Frankfurt:DXD) is pleased to announce that it has entered into a factoring agreement with BLN Capital Funding LLC, for up to $1 million in purchase order, inventory and receivables financing. Management believes this credit facility will provide the working capital necessary to generate additional revenue by accelerating production at the Detroit facility. The company is marketing its eco-friendly, re-processing method for reclaimed used oil and working diligently to inform regional automotive and industrial customers in the Midwest of its processing capabilities.

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Oil rises jump more than $10 to new record high

Friday, June 6th, 2008

shot up more than $10 to a new record above $139 Friday after a major investment bank predicted a spike to $150 in the coming weeks and rising tensions in the

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Oil crosses 137 dollars a barrel for first time

Friday, June 6th, 2008

crossed 137 dollars a barrel Friday for the first time in New York and London trade, jumping more than nine dollars as the market reacted to a sharp decline in the dollar.

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