Arab Oil Price Rise Boosts Saudi Stock Exchange Yomna Yasser Mar 31, 2012 0 Saudi shares opened higher on Saturday led by gains in petrochemical stocks after oil prices posted on Friday the…
forex news US to Impose Fresh Oil Sanctions on Iranian Oil Buyers Yomna Yasser Mar 31, 2012 0 US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a…
forex news Oil Firms on Weakened Dollar and Improved US Consumer Sentiment Administrator Mar 30, 2012 0 Brent crude futures rose on Friday following three straight lower settlements, heading for a 14 percent quarterly…
forex news Gold Climbs as Dollar Index Reaches One-month low Administrator Mar 30, 2012 0 Gold prices rose on Friday as the dollar fell to a one-month low against a basket of currencies, including the…
forex news Saudi Arabia to Act to Push Down Oil Prices Yomna Yasser Mar 29, 2012 0 Saudi Arabia will act to bring down oil prices, Saudi oil minister Ali Naimi said on Thursday as France signaled…
MENA News GCC bank provisions soar 59% in Q4 Amwal Al Ghad English Mar 29, 2012 0 Banks in Gulf oil producers are pushing ahead with a drive to build up loan loss provisions in the wake of the 2008…
forex news Saudi Arabia to Provide Yemen Two-Month Fuel Supply Yomna Yasser Mar 28, 2012 0 Saudi Arabia is to give Yemen refined oil products to cover its needs for two months. The kingdom has repeatedly…
Industry & Trade Apache’s Production In Egypt Up 3% Amwal Al Ghad English Mar 27, 2012 0 Apache Corporation said Monday it has increased production in Egypt's Western Desert thanks to the development of…
forex news Officials Confirm ExxonMobil Operations in Kurdistan Yomna Yasser Mar 25, 2012 0 Government officials in the Kurdistan Region say that American oil giant Exxon Mobil continues to work in the…
forex news EU Allows Iran Oil Insurance For Now Yomna Yasser Mar 24, 2012 0 The European Union agreed on Friday to exempt until July 1 some insurance on Iranian oil shipments headed for…