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  • U.S.-crude-ends-lower-as-Spain-rating-cut-pressures

    Saudi crude exports fell by 121,000 barrels per day in April

    Saudi crude exports fell to 7.583 million barrels a day (bpd) in April, down by 121,000 bpd from March, despite production rising to 10.102 million, according to the latest official data published by the Joint Data Initiative (JODI).

    June 18, 2012 11:45
  • CNPC says Iraq's Halfaya oilfield in operation

    CNPC says Iraq’s Halfaya oilfield in operation

    State-owned China National Petroleum Corp said the first phase of Iraq's Halfaya oilfield had started operating and had a production capacity of 100,000 barrels per day.

    June 18, 2012 11:25
  • Arab-monetary-fund-in-65-million-loan-to-Egypt

    Arab monetary fund in $65 million loan to Egypt

    The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.

    June 18, 2012 10:41
  • commodities

    Egypt’s GASC says has 6-month wheat supply

    Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international sources and was looking to issue a new international wheat tender for delivery in the start of August.

    June 13, 2012 5:56
  • Abu-Dhabi

    Abu Dhabi’s IPIC 2011 net profit slumps to $44.7 million

    Abu Dhabi's International Petroleum Investment Company (IPIC) reported a net profit of $44.7 million on Wednesday, down from $1.3 billion in the prior-year period, as market volatility and currency exchange risks weighed on profitability.

    June 13, 2012 5:48
  • veg-oil-production-plant

    Egypt’s FIHC seeks sunflower oil, soyoil in tender

    Egypt's state-owned Food Industries Holding Company (FIHC) is looking to buy 30,000 tonnes of sunflower oil and 30,000 tonnes of soyoil in a tender, a Cairo-based trader said on Wednesday.

    June 13, 2012 5:48