Int’l Energy Forum for Latest World Oil Issues kicks off
The 13th International Energy Forum is launched in Kuwait, on Tuesday, with the participation of more than 80…
Browsing Tag
Oil
Kuwaiti Oil Prices hike 29 Cents to $123.16 pb: KPC
The price of Kuwaiti crude rose by 29 cents to $123.16 per barrel yesterday, in comparison to USD 122.87 per barrel…
UAE Markets in the Red on Euro Zone Woes
Local markets followed global bourses into the red this morning on continued fears about the fallout of the…
Rupee Nears Its Lowest Within A Month
India's rupee fell to the lowest level in more than a month on speculation foreign funds will cut purchases of…
Koreans develop Abu Dhabi oil fields
South Korea has signed a multi-billion dollar deal with Abu Dhabi National Oil Company (Adnoc) to develop three new…
Oil rises on NYMEX electronic trading
Prices of crude oil futures contracts rose in the U.S. electronic trading on the New York Mercantile Exchange…
Egyptian Companies to extend in Arab, International Oil Markets
Minister of Petroleum and Mineral Wealth Abdallah Ghorab stressed that the Egyptian companies will be extended in…
Iraq is capable of producing 6.5mbpd of crude oil by 2015
International Energy Agency said on Wednesday that Iraq is capable of more than doubling its crude oil production…
U.S. Oil falls as the concerns about Saudi’s supplies decrease
The prices of crude oil futures’ contracts in the U.S. decreased by about 2% on Friday, as a result of decreasing…
China’s Unipec buy 100,000 barrel of Libyan oil daily for 2012
The Chinese Company “Unipec” has agreed to buy about 100,000 barrels of crude oil per day from Libya under a term…
