Jordan has raised the price of gasoline and electricity for major mining firms, hotels and banks, to ease its worsening budget deficit that could reach $4 billion this year, officials said on Saturday.
May 27, 2012 11:47
China's record crude imports in February are most likely as high as they will go, at least for the coming months, as rising prices, refinery maintenance and slower economic growth curb demand.
March 12, 2012 4:23
Brent crude rose above $122 on Wednesday, snapping two days of losses, in line with gains across broader financial markets on expectations that cheap loans from the European Central Bank will spur buying of riskier assets.
February 29, 2012 1:47
Iran will take payment from its trading partners in gold instead of dollars, the Iranian state news agency IRNA quoted the central bank governor as saying on Tuesday.
February 29, 2012 1:45
Oil-producing members of the Group of 20 leading economies said on Saturday they would take measures to avoid a rise in petroleum prices from hurting the world economy, an Italian government official said.
February 26, 2012 11:30
Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what industry sources said appeared to be a bid to tame runaway crude prices.
February 25, 2012 12:17
The International Monetary Fund (IMF) flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies.
February 25, 2012 12:14
Supply-demand mismatch in Saudi may cause you to pay even more rent for your house and office space. Banque Saudi Fransi’s John Sfakianakis gives us an overview
May 10, 2011 5:20
Increase in supply likely to continue downward price trend, say industry professionals.
June 22, 2010 2:52
Knight Frank’s Global House Price Index is out.
June 18, 2010 7:46
Budget surplus for first quarter of the year hits almost $2.4 billion on high oil prices.
June 14, 2010 3:59
While every other investment is heading down, gold can only go up, it seems. Why is everyone buying the yellow metal, and should you jump on the bandwagon?
June 13, 2010 12:17
A new report from HC Securities said that oversupply persists and construction activity remains slow.
June 7, 2010 10:06
Global economic instability could lead to price drop, OPEC representative tells daily paper.
May 30, 2010 3:05
The property price index will provide real estate price data for Makkah, as well as other cities in the KSA, and neighboring countries.
May 25, 2010 9:54