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Indian Rupee Falls to Two-Month Low
The Indian rupee fell for a fourth consecutive session this morning, falling to its weakest level in eight weeks,…
Brent Falls Below US$124 On China Manufacturing Data
Brent crude dropped below US$124 a barrel on Thursday, after weak Chinese manufacturing data sparked concerns that…
Kuwait And Japan Eye New Energy Cooperation
Kuwaiti Oil Minister Hani Hussein and a top official of Arabian Oil Company, Ltd., on Tuesday agreed to explore new…
Halting Oil Purchase from Iran is out of Question: Turkey
Turkey Energy Minister Yildiz Tanner says his country will continue to buy Iran’s crude oil unless new supply…
Euro Jumps on Debt Crisis Worries Eased
The euro on Wednesday rose to its highest level in nearly five months against the yen and also gained ground on the…
Kuwaiti Oil Prices Down 80 Cents
The price of Kuwaiti crude dropped 80 cents to settle at USD 122.60 per barrel on Tuesday, in comparison to USD…
Aussie dollar downs on BHP comments
The Australian dollar has fallen on concerns that Chinese demand for iron ore may weaken. On Tuesday, the…
Fuel Prices hike in China Second Time in Two Months
China, the world’s largest oil consumer after the U.S., increased gasoline and diesel prices for the second time in…
Russia not to limit grain exports in 2012: Putin
The Russian Government will set no limits on grain exports in 2012, Prime Minister Vladimir Putin said during a…
India’s NALCO sells Aluminum at $165 /T Premium
Indian state-run National Aluminium Co Ltd (NALCO) sold 2,100 tons of aluminum billets at close to $165 per ton…