Qatar Petroleum In ‘Serious Talks’ To Invest In Mostorod Refinery
Qatar is in “serious talks” about investing in Egypt’s Mostorod oil refinery project, the head of Qatar…
Browsing Tag
Oil
Saudi Shares Dips To Two-Month Low On Oil, Europe Debt Concern
Saudi Arabia’s shares slumped for a second day after oil dropped to a 2012 low on concern that Europe’s debt crisis…
Russia Shares 2nd Day Fall, Lukoil Retreats
Russian shares headed for the biggest drop in a week after oil prices slid to the lowest level this year.…
Turkey Boosts Iranian Oil Imports In March
Turkey has sharply increased its crude oil imports from Iran, dismissing the US-led oil embargo on the Islamic…
Gold Falls To 4-Month Low On Greece Unstability
Gold dropped to a four-month low on Wednesday, pressured by a weaker euro as investors fretted about the political…
Dubai’s DFM General Index 1.38% Lower
The Dubai Financial Market (DFM) General Index declined 1.38% to 1,560.28 Sunday. A sharp drop in oil prices,…
Libya’s Agoco Cuts Oil Output Over Protests
Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd)…
Iran To Increase Forouzan Oilfield Output By 10%
National Iranian Offshore Oil Company (NIOOC) plans to increase production at the Forouzan Oilfield by 10 percent…
Saudi TASI 1.27% Lower Driven By Oil Price Fall
The Tadawul All-Share Index (TASI) lost 1.27% Saturday, ending at a three-week low at 7,450.26 points. Market…
Russia Stock Market Falls For 2nd Week
Russian stocks sank for a second week, erasing the benchmark index’s gain this year, as concern the global economic…