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Yemen has set the official selling price of its Masila crude for loading in October at a premium of $0.13 a barrel to dated Brent, down 39 cents from the previous month, its government said late on Monday.
August 7, 2012 11:00
Kuwait's crude price formula is loosely linked to that of Saudi Arabia's Arab Medium grade.
July 11, 2012 12:00
Dubai has set its official differential to Oman futures for September at parity, down from a premium of 10 cents a barrel from the previous month, the Dubai Department of Petroleum Affairs said on Thursday.
June 28, 2012 4:46
State-run Saudi Aramco has set its May contract price for propane at $810 a tonne, down $180 from the April level, an industry source said on Tuesday.
May 1, 2012 9:37
Yemen has set the official selling price of its Masila crude for loading in June at a premium of $1.63 a barrel to dated Brent, down 92 cents from the previous month, its government said late Monday.
April 10, 2012 2:48
Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said.
March 26, 2012 4:17
Western sanctions have so far failed to deter Iran from pursuing its nuclear programme and their unexpected and unintended side-effects are producing a new collection of challenges.
March 24, 2012 3:58
Saudi Arabia can't easily relieve Barack Obama's fuel price misery. Una Galani talks about why options for the world’s biggest oil supplier to rein in runaway crude are all imperfect.
March 21, 2012 2:48
Top oil exporter Saudi Arabia sought to soothe fears about high oil prices, saying on Tuesday that world supplies were well in excess of demand and that crude at $125 a barrel was not justified given the anaemic state of the world economy.
March 21, 2012 1:51Oil prices fell on Monday, snapping four days of gains as worries over supplies from the Middle East eased and investors focused on the health of the global economy and fuel demand.
March 12, 2012 2:04
Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.
March 8, 2012 3:27Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.
March 8, 2012 3:27
Etihad Etisalat Co (Mobily) is set to deliver another year of double-digit revenue growth following strong performance last year on improved post-paid sales, Riyad Capital said and raised its price target on the stock by 12 riyals to 74 riyals.
February 6, 2012 2:44Iran's Foreign Ministry believes that if the West seriously considered blocking Tehran's ability to export oil, the global price of crude would more than double, Foreign Ministry spokesman Ramin Mehmanparast was quoted as saying on Sunday.
December 4, 2011 1:43
Bahrain's telecoms regulator has issued notices to Bahrain Telecommunications Co (Batelco) and Saudi Telecom Co unit Viva, accusing them of anti-competitive pricing on international calls to Asia.
September 6, 2011 4:13
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
