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Jordan-hikes-gasoline

Jordan hikes gasoline, power prices to ease budget deficit

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 oil demand as good as it gets – Clyde Russell

China oil demand as good as it gets – Clyde Russell

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 rises above $122; ECB loan may spur buying

Brent rises above $122; ECB loan may spur buying

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 to accept payment in gold from trading partners

Iran to accept payment in gold from trading partners

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 producers tell G20 they will help avoid price pain-Italy

Oil producers tell G20 they will help avoid price pain-Italy

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
 
Saudi oil exports suge, seeks to sell more

Saudi oil exports suge, seeks to sell more

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
 
IMF sounds warning for global economy in rising oil

IMF sounds warning for global economy in rising oil

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
 
Rent in Saudi skyrockets as developers fall behind

Rent in Saudi skyrockets as developers fall behind

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
 

Demand for villas up as rents fall

Increase in supply likely to continue downward price trend, say industry professionals.

June 22, 2010 2:52
 

Dubai’s house prices make gains

Knight Frank’s Global House Price Index is out.

June 18, 2010 7:46