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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…
France’s Total to raise Ichthys stake later in 2012: chief
French oil giant Total's (TOTF.PA) deal to buy a bigger stake in its $34 billion Ichthys liquefied natural gas…
Saudi Oil Sales to U.S. jump
Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to…
Oil Futures fall below $105 pb
Oil futures turned lower Thursday, after wavering between losses and gains, as traders mulled reports that the…