Oil Prices To Rise If Iran Halts Exports to OECD: IMF
The International Monetary Fund (IMF) warns crude prices could rise by 20 to 30 percent this year if Iran halts oil…
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US Sanctions On Iran’s Oil To Eliminate Economic Rivals: FM Spokesman
Iran's Foreign Ministry Spokesman Ramin Mehmanparast says one of the main reasons behind the US sanctions against…
Egypt’s Wheat Reserves Surge 35%; Q1/2012
Ali Sharaf El Din, Chairman of the Chambers of Cereal & Its Products of the Federation of Egyptian…
Gas Sector Tax Economically Unjustified: Putin
Gazprom’s shares shed 1.5% following the Russian Prime Minister’s statement that the tax burden on the gas sector…
Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves
Rosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop the Arctic's…
Oil Falls For Second Day Amid Iran Nuclear Talks
Oil fell a second day after the first international talks in 15 months on Iran’s nuclear program yielded an…
EU Carbon Records Biggest Decline In Two Weeks As Power, Gas Drop
European Union carbon permits dropped the most in almost two weeks before auctions this week by Austria, Germany…
Jordan To Import More Fuel Oil As Pipeline Disruption Continues
Jordan Petroleum Refinery Co is importing more fuel oil and gasoil for power generation, as continued attacks on a…
Egg Prices High As Easter Approaches
Easter is a pleasant day for people of all ages to enjoy springtime, outdoor activities and certain authentic foods…
Saudi Arabia Determined To Push Down Oil Prices: Naimi
Top oil exporter Saudi Arabia is determined to bring down high oil prices and is working with fellow OPEC members…