UAE business activity at 11-month high in May
Growth in business activity in the United Arab Emirates' non-oil private sector edged up to an 11-month high in May, a purchasing managers' survey showed on Tuesday.
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Growth in business activity in the United Arab Emirates' non-oil private sector edged up to an 11-month high in May, a purchasing managers' survey showed on Tuesday.
June 5, 2012 11:45ADNOC has notified Asian buyers that it will supply its four main grades - Murban, Lower Zakum, Umm Shaif and Upper Zakum - at contractual volumes in July, the sources said.
June 5, 2012 11:28"As long as it hovers around $100, it is the right price," he told a news conference. "My expectation is it will hover between $80-$100 depending on the situation - it could be more than that," the UAE's economy minister Sultan bin Saeed al-Mansouri said on Monday.
June 4, 2012 5:41OPEC's reference crude oil basket price fell more to $97.44 a barrel on Friday, from $101.06 a barrel the previous day, OPEC said on Monday.
June 4, 2012 5:33