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Euro Snaps 2-Day Gain Against Dollar On Debt Crisis
The euro snapped a two-day advance against the dollar amid speculation the European Central Bank may need to…
Saudi Aramco To Double Gasoline Imports
Saudi Arabian Oil, the biggest exporter of crude, will more than double its gasoline imports this month and next to…
Iran Discovers 3 New Gold Mines
Iran announced on Wednesday that it has discovered three new gold mines with 16 tons of proven net gold reserves,…
Iran Bans Imports From 100 EU Companies
Iran reportedly plans to ban imports from European companies as part of its counter-sanctions against the European…
Iran Halts Oil Exports to Germany
Iran has cut oil exports to Germany one day after halting crude sales to Spain as part of its counter-sanctions…
Gold Higher As Spain Concerns Eased
Gold inched up on Thursday, tracking modest gains in the euro as worries about Spain's debt restructuring eased…
Oil Price Hover Above $101 Amid Higher US Crude Supply
Oil prices hovered above $101 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more…
Aker Solutions Wins Surface Wellhead Contract In Egypt
International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr…
Iran’s Oil Production to Decline 500.000 bbd: EIA
Iran's crude oil production is expected to fall by about 500,000 barrels per day by the end of this year due to a…
Japan P&I Club Sets Rules On Iran Oil Voyages
Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to…
