Oil prices to ease further this year – Shell CEO
Oil price to weaken in H2 with demand, easing political tensions; Recovery in demand, prices seen in 2013; Enough oil supply to deal with impact of Iran sanctions
June 5, 2012 11:41
IEA cuts 2012 oil demand growth forecast yet again
Global oil demand will grow by less than 1 percent in 2012, the International Energy Agency (IEA) said on Friday, cutting its oil growth demand forecast for a sixth consecutive month due to a weak global economy.
February 11, 2012 6:13Iran official sees West’s troubles curbing oil price
Iran says international crude oil prices will not rise with the onset of the cold season due to the continuing global economic slump, state broadcaster IRIB quoted an official on Saturday as saying.
September 17, 2011 3:38IEA cuts oil demand growth f’cast on economic woes
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September 13, 2011 11:50
This is not a drill: oil-consuming nations find temporary relief in emergency stockpile
IEA’s decision to dip into its emergency oil stock was settled only three hours before being announced, following the ‘failed OPEC meeting’. Will its intended shockwave really create an impact?
June 29, 2011 11:52
Double trouble
John Kemp, Reuters market analyst, believes that bubbling oil prices could herald the start of a second downturn. In this analysis he asks: Are we facing the dreaded double dip?
February 24, 2011 2:52IEA raises 2010 oil demand growth, trims 2011
Overall global oil demand will still be higher next year.
November 12, 2010 11:53Gulf crude to be in demand
Fallout from BP’s oil disaster will put region in the driving seat.
July 5, 2010 9:32BP says 2009 oil use drop biggest since 1982
Global oil consumption fell by 1.2 million barrels a day last year, but is likely to rise on strong demand in emerging economies, UK’s BP said.
June 10, 2010 9:46Opec increases 2010 oil demand forecast
Opec said in a report on Wednesday that oil demand will grow at 900,000 barrels per day in 2010.
March 10, 2010 4:39
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Tumblr officially off the market
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
A major step for Turkey
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26