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Energy

eni-gas

Italy’s Eni discovers huge gas field off Egyptian coast

31/08/2015(0)
Italian energy group Eni says it has found one of the world’s largest natural gas fields off Egypt’s coast. The company said the area was 1,450m (4,757 feet) beneath ... Read More
qatar-exports

Qatari trade surplus falls in July due to oil and gas price volatility

31/08/2015(0)
Qatar’s trade surplus fell last month, largely because of tumbling oil and gas prices. It dipped 1.4 per cent from June to 14.3 billion Qatari riyals (Dh14.4bn) and plunged 55.6 per ... Read More
oil-well

Why So Much Oil Price Volatility? Blame The Speculators

31/08/2015(0)
Oil prices crashed last week only to rebound at lightning speed. On August 28, oil prices surged 10 percent, the largest one-day gain in seven years. So, what happens ... Read More
ussia's President Vladimir Putin, and China's President Xi Jinping

China’s Economic Woes Jeopardize Putin’s Pipeline, Energy Trade Between Russia, China

28/08/2015(0)
For the past decade, Russian President Vladimir Putin has been putting plans in place to free Russia from energy dependency on European markets with a series of projects that ... Read More
oil

Oil markets extend gains after biggest daily climb in six years

28/08/2015(0)
Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude ... Read More
UAE stock market

UAE shares rise sharply in line with US and oil price recovery

27/08/2015(0)
UAE shares rose sharply on Thursday morning, on the back of US and Asian stock markets, and a rebound in the price of crude oil. Dubai’s headline index surged ... Read More
factory petro-hemicals

Why Saudi Arabia Won’t Cut Oil Production

27/08/2015(0)
Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of ... Read More
oil - petrol - A man fills up his car

Oil recovers but still ends near 6-1/2-year lows

26/08/2015(0)
 U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. ... Read More
saudi-arabia

Oil’s Drop Puts Spotlight on Saudi Arabia

25/08/2015(0)
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping ... Read More
factory petro-hemicals

Oil Price Collapse Triggers Currency Crisis In Emerging Markets

24/08/2015(0)
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies ... Read More
Broker Cyprus TopFX