oil prices news
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Oil saving win-win drives Saudi solar power boom
Riyadh :: Saudi Arabia | 1 day ago
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Saudi energy officials have talked of becoming major solar players for years, but while China built 5,000 MW in 2012 alone, Saudi solar capacity is still insignificant. That is set to change, with an economic argument too strong to ignore. "Saudi
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UAE growth at fastest rate sinc...
Dubai :: United Arab Emirates | 4 days ago
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Economic growth in the United Arab Emirates accelerated to 4.4 percent in inflation-adjusted terms in 2012, the fastest clip since 2006, as activity picked up across all sectors, its statistics office said yesterday. Robust oil prices as well as
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The World's Biggest Producers Of Palm Oil Are Running Out Of Land
Kuala Lumpur :: Malaysia | 14 days ago
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The world is hungry for palm oil, but as the biggest producer countries run out of viable land for planting palm trees, the production landscape is shifting. The best growing conditions for palm trees exist in a tight band around the equator,
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World oil prices stable
New York City :: NY :: USA | 19 days ago
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World oil prices held firm on Friday as investors locked in profits after a strong rally following the European Central Bank's (ECB) decision to cut interest rates, and at the end of a rollercoaster week that was mostly driven by global economic data,
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Oil prices take breather in Asia after strong rally
Singapore :: Singapore | 20 days ago
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Oil prices took a breather in Asian trade today as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates. New York's main contract, light sweet crude for delivery in June, dropped 17
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US economy likely rebounded in first quarter
Miami :: FL :: USA | 28 days ago
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U.S. economic growth likely accelerated from January through March from a near-stall at the end of 2012, propelled by a revival in housing, steady consumer spending and increased stockpiling by businesses. Trading on the biggest exchange for
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GCC states need to adjust polic...
Doha :: Qatar | 1 month ago
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Qatar, among other hydrocarbon-exporting countries in the region, needs to adjust its policies in response to a possible lower global demand and decline in commodity prices. Ample buffers will help sustain high public spending of these countries to
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Oil prices rebound
London :: United Kingdom | 1 month ago
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World oil prices rebounded on Thursday as traders hunted for bargains after sharp falls caused by concerns over slowing Chinese economic growth and weak energy demand, analysts said. Brent North Sea crude for delivery in June jumped $1.08 to trade at
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Opec likely to cut supply to balance budgets: Apicorp
Manama :: Bahrain | 1 month ago
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April 18, 2013 , 7 : 46 am Manama: Opec will probably cut output if Brent prices keep trading below $100 a barrel because that's less than what many member countries need to balance their budgets, an inter-governmental Arab energy lender said.
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EDITORIAL: Maybe they should go back to flying carpets
Tehrān :: Iran | 1 month ago
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Maybe they should go back to flying carpets Posted April 16, 2013 at 12:01 a.m. Our first thought on reading that an Iranian inventor had devised a time machine that could project the user five to eight years into the future was that the inventor had
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