Latest News
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IAEA Chief Positive On Iran
22/05/2012 -
Clashes Over Syria Reach Beirut
22/05/2012 -
KRG-Turkish Pipeline To Start Crude Exports 2013
22/05/2012 -
Iran’s Budget Revised Higher At $453bn
22/05/2012 -
Brent Rises Towards $108/B, As China Eyes Growth Stimulus
22/05/2012 -
G8 Raised Pressure On Iran, Putting Stocks On Standby
22/05/2012 -
Saudi Arabia Edges Russia As Biggest Oil Producer
21/05/2012 -
Mauritania, British Tullow Sign PSA
21/05/2012 -
Aramco To Start Operating Gas Facilities In Khursaniya
21/05/2012 -
Al-Sada: Qatar Producing Oil At Full Capacity
21/05/2012 -
IEA: Tighter Market For 2H12
21/05/2012 -
Turkey Warns Of Cyprus Bid Round Reprisals
21/05/2012 -
Bahrain Condemns Larijani’s Statement On GCC Union
21/05/2012 -
Eni Discovers Giant Gas Find Off Mozambique
21/05/2012 -
Al-'Attiya Heads UN Climate Talks
21/05/2012
Markets
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Crude Prices Fall Amid Stock Market Rout And Fears Of New Recession
Crude prices saw their third-largest decline this year on 18 August with WTI settling at $82.38/B and ICE Brent slipping to $106.99/B. The oil price drop occurred amid steep declines in the US and European stock markets where worries are mounting over European debt and fear is growing that the global economy could be slipping into another recession. read more
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WTI Remains In High $90/B Range As Markets Await US Debt Limit Plan
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Saudi Crude Price Changes A Mixed Bag For August Deliveries
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Crude Prices Rise On Improved US Economic Data
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Saudi LPG Prices Reduced For July
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Oil Prices Rally Despite Looming Release of IEA Stocks
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Oil Prices Fall Following IEA Crude Stock Release Announcement
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China’s Crude Oil Imports Remain Steady In May
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IEA Raises Short Term Demand Growth Forecast Slightly
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IEA Medium Term Forecast Sees Demand Growing By 1.2Mn B/D Annually For 2010-16
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WTI Slips Below $95/B Amid Concerns Over Global Economic Outlook
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Saudi Crude Prices Raised For Europe, Differentials Narrowed For US And Asia
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Japanese Crude Oil Imports Down To 3.567Mn B/D In April
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Oil Prices Rise After OPEC Fails To Agree Output Increase
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CGES Warns Of Mounting Pressure On OPEC To Raise Output
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OPEC Ministers To Debate 3Q Demand Amid Political Upheaval
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IEA Governors Urge Crude Producers To Increase Supply
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WTI Crude Price Remains Near $100/B As Economic Worries Gather
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IEA Reduces Demand Growth Forecast On Persistent High Prices
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EIA Trims Oil Demand Outlook, Reduces Forecast For OPEC Production
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Oil Prices Rally And Decline As Demand Doubts Grow
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Japanese Crude Oil Imports Fell To 3.783Mn B/D In March
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ESAI Says Implications Of Bin Ladin’s Death Unclear
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WTI Price Slides Below $100/B As Investors Sell Commodities Over Economic Worries
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Oil Prices Hold Steady Despite US Stock Build
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CGES Says High Crude Prices Risk Destroying Demand
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WTI Price Moves Back Above $110/B As US Inventories Slide, Market Seen Out Of Balance
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WTI Price Slips Below $110/B As Questions Arise Over ‘Demand Destruction’
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DME Reports Average Of 3,000 Contracts/Day Traded In 1Q 2011
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Saudi Crude Prices Mainly Reduced For May Deliveries
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WTI Price Exceeds $110/B As OPEC Sees ‘Little We Can Do’