| Egypt >> 10/31/2011 - Africa was the continent most affected by the global financial crises although it had nothing to do with their causes, said Deputy Prime Minister and Finance Minister Hazem el-Biblawi. The global fina... |
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Egypt >> 10/29/2011 - American oil and gas company Apache Corp (APA.N) plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI)... |
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Algeria >> 10/27/2011 - Algeria's energy ministry has recommended to the president that energy laws be changed to make it more attractive for foreign firms to invest in oil and gas projects, an energy official said. Algeria'... |
| Oman >> 10/24/2011 - UK oil giant BP has lined up a $15 billion investment into of Oman in recognition of the potential of its gas sector and as part of a significant push into gas in the Middle East. This was disclosed b... |
| Syria >> 10/23/2011 - Dana Gas is not in talks with the Syrian government about investing in the country, the chief executive officer of the United Arab Emirates-based company said. UAE press reports in early October said ... |
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Austria >> 10/20/2011 - The World Bank (WB) index for non-energy commodities dropped further by 2.5% m-o-m in September (-1.6% in August) due to a strong fall in base metal and agricultural prices. The energy commodity index... |
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Austria >> 10/20/2011 - In the light of strong market turbulence and the growing risk of a global recession, there was a major slowdown in investment into commodities. After falling by 0.1% in August, open interest volume (O... |
| Libya >> 10/20/2011 - The Nymex WTI curve remained in contango, but the curve flattened slightly in September. The intra-month spread over the first sixteen consecutive months fell to around 20¢. The spread between the sev... |
| United Arab Emirates >> 10/20/2011 - The Dated Brent-Dubai spread increased $1.32 to average $6.82/b in September, offsetting the drop of the previous month. The increase was attributed to tight North Sea supplies, particularly lower pro... |
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Russia >> 10/20/2011 - China's economy is slowing, but the authorities will try to maintain strong growth. Slower growth in China has also cast doubt on the pace of the global expansion. Growth has slowed gradually from 10.... |
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India >> 10/20/2011 - The Indian economy grew by 7.7% in the 2Q11, which has been the slowest growth rate of the economy for the last 18 months. Many observers had expected lower economic growth in 2011 due to a considerab... |
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Russia >> 10/20/2011 - The Russian economy grew by 3.4% on an annual basis in 2Q11, down from 4.1% in 1Q11. The slowdown has been attributed to the global financial turmoil. Although industrial output growth has also declin... |
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Japan >> 10/20/2011 - Contrary to the expectation that developing Asian economies will accelerate growth together with the Japanese recovery from the natural disaster because of trade ties, they in fact slowed down in the ... |
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South Africa >> 10/20/2011 - The African Development Bank (AfDB) has cut its 2011 estimate for African growth amid concerns that a global economic slowdown will hit regional trade. According to the bank, growth may be as low as 3... |
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Kuwait >> 10/20/2011 - Inflation in Kuwait climbed to 4.6% on an annual basis in August, as published by the Central Statistics Office. Consumer price inflation gained 0.1% m-o-m in July. It also recorded 4.6% y o-y, its sm... |
| Austria >> 10/20/2011 - The OPEC Reference Basket was volatile in September, moving within a wider range of around $102-$112/b as market sentiment was dominated by economic uncertainties around the globe, particularly in Eur... |
| Austria >> 10/20/2011 - Crude oil futures witnessed two distinct trends in September. Prices in the first half of the month showed some recovery before they weakened significantly within the second half of the month amid bea... |
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Japan >> 10/20/2011 - In August, commercial oil stocks in Japan reversed the build experienced last month and fell by 1.4 mb to stand at 176.2 mb. At this level, Japanese commercial oil stocks stood at 4.6 mb or 2.7% above... |
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Japan >> 10/20/2011 - Japanese oil demand has been hit strongly by the earthquake which reduced the country’s oil demand in the second quarter by 0.15 mb/d y-o-y. Crude oil burning in power plants in lieu of damaged nuclea... |
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Japan >> 10/20/2011 - The tragic events that hit Japan in the first half of 2011 have had a serious and lasting effect on the economy, pushing it back into a decline. As the timing of the recovery now seems embedded in a g... |
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