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  • oil market

    Column-Amuay, Isaac ambush complacent oil market

    Oil products markets are facing a potentially devastating one-two punch after a summer of complacency over falling fuel inventories looks primed to blow up in traders' faces.

    August 28, 2012 12:00
  • Turkey's Ceyhan export terminal

    Fire shuts Iraqi crude oil pipeline to turkey

    A fire on a pipeline carrying about a quarter of Iraq's oil exports forced the closure of the link on Monday and halted loading at Turkey's Ceyhan export terminal, security and shipping sources said on Monday.

    August 27, 2012 5:11
  • islamic finance

    Pakistan’s Islamic Insurance Rules In Limbo After Court Hearing

    Pakistan's conventional insurance firms will have to wait a few more weeks to learn if they can open takaful, or Islamic insurance, windows after a state court on Thursday adjourned a case challenging new regulations for the sector.

    August 19, 2012 8:07
  • airberlin1

    Air Berlin to sell planes as finances crumble

    Aims to strongly improve earnings this year; Expects a profit from sale of 8 planes; Still seeks return to profit in 2013; Shares down 1.2 percent

    August 15, 2012 5:10
  • stanchart

    StanChart works on joint deal with us agencies

    Negotiations accelerate with other agencies after NY deal; Bank plans collective deal; Slump in share price had pushed bank to strike deal; Role of regulators called into question by shareholders; Shares rise 4.7 percent in London on Tuesday

    August 15, 2012 5:08

    Brent steady above $113 ahead of key Europe, U.S. data

    Asian shares steady in ranges before U.S., euro zone numbers; U.S. crude stocks seen down on lower imports, falling for third week; Brent looks neutral in $113.14-$114.68 range

    August 14, 2012 12:00
  • Guided-missile destroyer USS Porter(DDG 78) is seen in this handout picture after a collision with the Japanese owned bulk oil tanker M/V Otowasan in the Strait of Hormuz

    Strait of Hormuz open after tanker, US navy ship collide

    An oil tanker collided with a U.S. Navy ship near the Strait of Hormuz on Sunday but no one was hurt and shipping traffic in the waterway, through which 40 percent of the world's seaborne oil exports pass, was not affected, officials said.

    August 13, 2012 11:30