Iran says sanctions threat jeopardises nuclear talks
Fresh U.S. sanctions due on June 28; EU states to impose oil shipment ban in July; Iran wants sanctions lifted as goodwill gesture
May 29, 2012 6:22-
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Asia Crude-Chinaoil offers June Basra Light in rare tender
Chinaoil, the trading arm of state-owned PetroChina, offered Basra Light for June loading in a rare tender, traders said on Tuesday.
May 29, 2012 6:17 -
OPEC basket price rose to $105.01 on Monday
OPEC's reference crude oil basket price rose to $105.01 a barrel on Monday, from $104.59 the previous day, OPEC said on Tuesday.
May 29, 2012 6:10
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South Korea April Iran crude imports up 42 percent Y/Y -KNOC
Imports over 250,000 bpd Iran crude in April vs. term 200,000 bpd; Jan-April Iran crude imports at 208,700 bpd, down 10 pct yr/yr; Saudi, Kuwait, UAE, Qatar plug the gap with higher supplies; South Korea's total crude imports down 3.7 pct in April y/y
May 29, 2012 12:15 -
Powerful ‘Flame’ cyber weapon found in Iran
Most complex piece of malicious software yet found; Speculation may grow over countries wielding cyber weapons; Virus targeted mainly in Middle East
May 29, 2012 12:13 -
Iraqi Kirkuk crude exports slightly down in June
Exports of Iraqi Kirkuk crude oil are expected to be about 417,000 barrels per day (bpd) in June, a preliminary loading programme showed on Monday.
May 29, 2012 11:51
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Oger Telecom gives South Africa unit $180 million to boost network
Oger Telecom, 35-percent owned by Saudi Telecom, will inject $180 million into its South African subsidiary Cell C to improve the coverage and quality of the unit's network, the Dubai-based firm said.
May 28, 2012 5:44 -
Orasom Telecom says court upholds fine on Algerian unit
It said the court of appeal confirmed a judgement against Orasom Telecom Algerie (OTA) that consisted of fines of 99 billion Algerian dinars, worth about $1.3 billion.
May 28, 2012 5:32 -
U.S. crude up $1 at $91.86 per barrel
U.S. crude futures rose a dollar on Monday to $91.86 per barrel supported by renewed fears that a dispute over Iran's nuclear programme could disrupt oil supplies.
May 28, 2012 5:26
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Brent crude rises above $107; Greece, Iran eyed
Greece opinion polls support pro-bailout government; Euro off 2-year lows, Greece euro exit fears ease; Lack of progress in Iran nuclear talks
May 28, 2012 10:55 -
Wall Street week ahead: US data, Europe woes to set tone
Investors will grapple this week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.
May 28, 2012 10:54 -
France Telecom acquires 94 percent of Egypt’s Mobinil -bourse
France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market.
May 28, 2012 10:46
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Egypt Central Bank lowers reserve requirement on deposits
The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent.
May 27, 2012 5:19 -
Egypt’s two contenders for president vie for votes
First-round results expected by Tuesday; Early tallies favour Islamist and Mubarak associate; Brotherhood seeks broad alliance against Shafiq; Stock market drops on fear of polarising runoff.
May 27, 2012 5:18 -
Signs of Tunisian recovery-IMF official
Signs of revival in Tunisian economy; Tourism, foreign investment coming back; No request for IMF financing
May 27, 2012 12:12
