Latest News
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Rouhani Wants To Improve Relations With The US, Vows To Continue Nuclear Program
19/06/2013 -
Ahmadinejad’s Court Summons Ignites Backlash
19/06/2013 -
Putin Blasts West Over Arming Syrian Rebels
18/06/2013 -
Kuwaiti Court Upholds One-Vote Decree, Scraps Assembly
18/06/2013 -
Riyadh Hopes For Warm Ties With Tehran Under Rowhani
18/06/2013 -
Kuwait Court Dissolves Parliament, Orders New Elections
18/06/2013 -
Algeria's Sonatrach Seeks To Expand Its LNG Market To Asia: Yousfi
18/06/2013 -
Brent Dips Below $106/B As Focus Back On Demand, Stocks
18/06/2013 -
Sadara Chemical Company Signs $12.5Bn Financing Package
18/06/2013 -
Rouhani: I'm Proud Iranians Trusted Me To Serve
17/06/2013 -
Qatar's Emir Preparing To Transfer Power To His Son
17/06/2013 -
Jordan To Reportedly Import Gas From Israel After Egypt, Qatar Letdown
17/06/2013 -
Algeria's Arzew Ramps Up Output To Meet Demand
17/06/2013 -
Brent Slips From Near $105/B On Ample US Inventory, Weak Outlook
17/06/2013 -
Sipchem Affiliate Signs SR704m Loan For Jubail 'Greenfield' Plant
17/06/2013
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’