Iraqi Govt Accuses Kurdish Region of Smuggling Oil
The Iraqi government on Monday accused the northern semi-autonomous region Kurdistan of smuggling oil out of the…
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Oil
Iraqi Kurdistan’s Oil Exports Halted Over Pay Dispute
Tensions between Baghdad and the Kurdish region have risen since October last year when Exxon Mobil announced a…
Argentina Warns Banks off Falkland’s oil links
The Argentine government has threatened British and American banks with legal action over giving advice or even…
Natural Gas Controversially Hikes Starting from April 1st
The decision for a price hike in natural gas that stunned Turkish consumers came from Energy Minister Taner…
US Has no Right to Impost Unilateral Sanctions Against Iran: China
China has rejected new US sanctions on Iranian oil imports by other countries saying that Washington has no right…
Oil Price Rise Boosts Saudi Stock Exchange
Saudi shares opened higher on Saturday led by gains in petrochemical stocks after oil prices posted on Friday the…
US to Impose Fresh Oil Sanctions on Iranian Oil Buyers
US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a…
Oil Firms on Weakened Dollar and Improved US Consumer Sentiment
Brent crude futures rose on Friday following three straight lower settlements, heading for a 14 percent quarterly…
Gold Climbs as Dollar Index Reaches One-month low
Gold prices rose on Friday as the dollar fell to a one-month low against a basket of currencies, including the…
Saudi Arabia to Act to Push Down Oil Prices
Saudi Arabia will act to bring down oil prices, Saudi oil minister Ali Naimi said on Thursday as France signaled…