Register for our free newsletter

Latest News

  • Sultan Qaboos

    Omanis protest in sign of renewed discontent

    Dozens of Omanis demanding jobs have staged peaceful protests in the industrial town of Sohar, witnesses said, in a sign of renewed discontent more than a year after waves of demonstrations died down.

    July 2, 2012 10:14
  • Qatar-keeps-July-crude-supply-to-Asia-steady

    Qatar keeps august crude supply to Asia steady

    Qatar, one of OPEC's smallest producers, has notified at least one Asian buyer that it will supply Marine and Land crude at full contracted volumes for August, unchanged from July levels, a trade source said on Monday.

    July 2, 2012 10:12
  • Brent-crude-ends-lower-on-Spanish-credit-woes

    Dubai June crude average drops to $94.44 a barrel

    Dubai crude oil quoted by price-reporting agency Platts averaged $94.44 a barrel for June, down $12.87 from May, traders said on Monday.

    July 2, 2012 10:11
  • Asia Naphtha-ADNOC

    Abu Dhabi keeps August term crude sales steady to Asia

    Abu Dhabi National Oil Co (ADNOC), the main exporter for OPEC member the United Arab Emirates, will supply full contractual crude oil volumes to Asia in August, steady with July, industry sources said on Monday.

    July 2, 2012 10:10
  • Qatar-plans-to-spend-49-billion-in-2012-13

    Qatar to issue up to $4 billion in sukuk

    Qatar plans to issue up to $4 billion in Islamic bonds, or sukuk, through two companies that the Gulf state will set up through a decree issued by the Crown Prince, local daily Al Watan newspaper said on Monday.

    July 2, 2012 10:09
  • Iran Nuclear Programme

    Iran vows to confront “malicious” embargo

    Sanctions take effect on Sunday; Central Bank says has $150 billion foreign reserves; Hague says sanctions toughest measures against Iran

    July 1, 2012 5:21
  • Iranian Oil Minister Rostam Qasemi

    Iran urges emergency OPEC meet as price drops

    Iranian Oil Minister Rostam Qasemi urged OPEC's secretary general to call for an extraordinary meeting amid falling oil prices, Iranian Oil Ministry's website SHANA said on Saturday.

    July 1, 2012 10:06