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This is not a drill: oil-consuming nations find temporary relief in emergency stockpile

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
 
Through thick and thin: Arab Spring may not affect oil firms

Through thick and thin: Arab Spring may not affect oil firms

While oil companies remain vigilant, most are not worried about the effects of Arab Spring and are positioning themselves for regime change and inevitable losses, according to a Reuters report.

June 16, 2011 2:15
 
Murky Waters: Is Saudi’s increased supply sullying OPEC stability?

Murky Waters: Is Saudi’s increased supply sullying OPEC stability?

With a deadlock decision at last week’s OPEC, Saudi’s increasing output, no matter what. That’s got us feeling like there’s more to the GCC’s story of keeping inflation at bay.

June 12, 2011 2:41
 

Iran says Saudi crude increase will not change market

Mohammad Ali Khatibi told the Iran newspaper that the three countries that supported an output increase -- Saudi Arabia, Kuwait and the United Arab Emirates -- had done so under U.S. pressure.

June 11, 2011 3:46
 
Give me a clue: UAE’s petrol crisis gets even more mysterious

Give me a clue: UAE’s petrol crisis gets even more mysterious

It’s bad enough to not have easy access to petrol in an oil-producing country…but why the silent treatment?

June 7, 2011 4:01
 
Oil’s not well: are we reaching the breaking point in the sector?

Oil’s not well: are we reaching the breaking point in the sector?

Something’s gotta give during this week’s OPEC meeting as GCC favours increased production even as global demand falters. Could this stalemate be causing the absence of petrol in the UAE?

June 7, 2011 3:19
 
Digging for trouble: Iraqi tribes pose new challenge for oil firms

Digging for trouble: Iraqi tribes pose new challenge for oil firms

Marsh tribesmen want a share in Iraq's oil wealth; Oil firms moving in, some farmers resisting; Compensating landowners is new obstacle facing companies

May 30, 2011 10:04
 
Yemen conflict costs state up to $5bn

Yemen conflict costs state up to $5bn

Minister says aid should not be linked to politics; Vital oil sector hit hard by conflict; Foreign donors seek change of leadership

May 29, 2011 12:29
 
Oil and stockmarkets likely to delink this year

Oil and stockmarkets likely to delink this year

Oil/equities tight correlation set to break down; High oil restrains growth, demand, hits company profits; End of quantitative easing to speed delinking of assets

May 26, 2011 1:21
 

Apicorp 2010 net profit jumps 62 per cent

Arab Petroleum Investment Corp looks for opportunities in shipping, tank farms, as well as refining and related infrastructure investments as it hopes to double its direct investment portfolio by 2014.

May 9, 2011 1:48
 
Got gas? ‘Cause Emarat doesn’t and they won’t share why

Got gas? ‘Cause Emarat doesn’t and they won’t share why

Roll your eyes at the headline, smirk even. But it’s no laughing matter if you’ve got somewhere to go and no fuel to help take you there and no proper explanation why.

April 20, 2011 12:16
 
Finding favour in oil benchmark battle

Finding favour in oil benchmark battle

Malaysia's Petronas, Delta Air Lines adopt Brent for hedging; ICE Brent volumes cut NYMEX WTI advantage in past few weeks; Goldman Sachs says switch to Brent is "smart" for investors

April 11, 2011 12:39
 
Bahrain BFX to launch conventional trade after delay

Bahrain BFX to launch conventional trade after delay

Originally planned to launch on March 7, BFX seems finally set to launch in two weeks with the bourse to remaining in Bahrain despite recent unrest.

April 6, 2011 2:46
 
Oil near 2-1/2-year peak on Middle East, weak dollar

Oil near 2-1/2-year peak on Middle East, weak dollar

Central bankers claim no influence on oil prices but history says otherwise. Meanwhile, the Euro hits 14-month high as Libyan rebels call on NATO for more strikes.

April 6, 2011 2:38
 
Oil finds $100 floor on Saudi politics, output cost

Oil finds $100 floor on Saudi politics, output cost

Saudi set $75 a barrel "fair price" when economy weak while Bullish Goldman sees marginal output cost as $100 a barrel. Meanwhile, Former Saudi oil minister says oil prices could leap to $200-$300 a barrel if Saudi Arabia is hit by serious political unrest.

April 5, 2011 12:18
 
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