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  • UAE-business-activity-at-11-month-high-in-May

    UAE business activity at 11-month high in May

    Growth in business activity in the United Arab Emirates' non-oil private sector edged up to an 11-month high in May, a purchasing managers' survey showed on Tuesday.

    June 5, 2012 11:45
  • Brent-crude-price-rise-kipp

    Brent crude rebounds above $99 on dollar, G7 talks

    G7 to hold emergency talks on euro debt crisis; Euro debt crisis remains a pressure point for market; Euro edges up further from last week's 2-year low

    June 5, 2012 11:37
  • saudi aramco

    Asia naphtha-Saudi Aramco sells Ras Tanura spot

    Saudi Aramco has sold around 55,000 tonnes of June naphtha at about $25 a tonne above Middle East quotes on a free-on-board (FOB) basis, down nearly 20-25 percent from a previous spot sale in reflection of slower demand, traders said on Tuesday.

    June 5, 2012 11:33
 
 
  • Egypt-bars-brokerages-from-trading-foreign-stocks

    Egypt bars brokerages from trading foreign stocks

    Egypt's markets watchdog has told local financial institutions they can no longer trade foreign securities, saying it exposes investors to risks that Egyptian authorities are unable to monitor.

    June 5, 2012 11:25
  • Lukoil-led group wins Iraq oil block bid

    Lukoil-led group wins Iraq oil block bid

    Lukoil leads group on bid for key oil block; First, second day see few tenders; Iraq plans fifth energy bidding round

    May 31, 2012 5:41
  • OPEC-output-hits-new-high

    OPEC basket price down to $102.75 on Wednesday

    The reference basket comprises 12 crudes: Algeria's Saharan Blend, Angola's Girassol, Iran Heavy, Iraq's Basra Light, Kuwait Export, Es Sider from Libya, Nigeria's Bonny Light, Qatar Marine, Saudi Arabia's Arab Light, Murban from the UAE, Venezuela's Merey and Oriente from Ecuador.

    May 31, 2012 5:40
 
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