Financials and Investment News
| Austria >> 6/12/2012 - Trends in selected commodity markets The World Bank’s commodity price index continued to fall with the energy index plummeting 7.6% m-o-m in May, compared to a 3.5% fall in April. The non-... |
| Austria >> 6/12/2012 - OPEC Reference Basket The OPEC Reference Basket extended losses into a second straight month in May, to incur its biggest month-to-month decline since December 2008. It lost a significan... |
| Austria >> 6/12/2012 - Signs appear to be showing that the global economy is slowing further. From the Euro-zone crisis to a notable deceleration in the developing and emerging economies, the current challenges are manifold... |
| Austria >> 6/12/2012 - The OPEC Reference Basket fell for the second straight month in May to $108.07/b, representing a decline of $10.11 or 9.4%, the largest month-to-month loss since December 2008. Futures prices also fel... |
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Saudi Arabia >> 6/12/2012 - Growth in business activity in Saudi Arabia’s non-oil private sector rose to a ninemonth high in April, boosted by strong output and new orders, a survey has shown. The SABB HSBC Saudi Arabia PMI, whi... |
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India >> 6/11/2012 - Given India’s slowing economy, large public deficit and a rising subsidy bill, many had expected some hard measures of reform in the country’s fiscal year budget announced on 16 March by the finance m... |
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Australia >> 6/10/2012 - OECD Asia Pacific’s supply is projected to increase slightly, by 30 tb/d, to average 0.53 mb/d in 2012, flat from the previous month. Weather conditions affected output during the first quarter, yet p... |
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Russia >> 6/9/2012 - In his speech to parliament on 11 April, Vladimir Putin set out the priorities for his new presidential term: halting the decline in Russia's population; developing the Russian Far East; and creating ... |
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Saudi Arabia >> 6/9/2012 - Top oil exporter Saudi Arabia pumped 9.8 million barrels per day (bpd) of crude oil in May, cutting output by 300,000 bpd from the month before, an industry source said. The Saudi kingdom's oil produc... |
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India >> 6/7/2012 - Indian oil demand for March hit a strong 5.1% growth rate y-o-y. This was the second highest rate (after February) since November last year. Diesel oil demand grew the most, by 10%, adding another 0.1... |
| Egypt >> 6/7/2012 - Egypt has secured $3.7 billion in project financing to upgrade a facility to be operated by the Egyptian Refinery Company (ERC) in one of the country's largest ever inward investments. Prime Minister ... |
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China >> 6/6/2012 - China’s oil production is expected to increase by 80 tb/d to average 4.22 mb/d in 2012, unchanged from the last report. During the first quarter of this year, its supply declined by 90 tb/d, compared ... |
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Sudan >> 6/6/2012 - Africa’s oil supply is forecast to decrease by 0.24 mb/d to average 2.34 mb/d in 2012, representing a downward revision of 100 tb/d from the previous MOMR. This revision has come from former Sudan, wh... |
| Oman >> 6/6/2012 - The Omani economy benefited from the boom in oil prices, with the Gross Domestic Product (GDP) registering a rise of 22.7 per cent at the current prices in 2011. The Sultanate’s GDP rose to RO 27 bill... |
| United Arab Emirates >> 6/5/2012 - The head of the International Energy Agency warned the recent moderation in world oil prices remained fragile and that high prices still poised a threat to world economies. Brent oil prices sank under... |
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Russia >> 6/5/2012 - Total FSU oil production is expected to increase by 0.12 mb/d to 13.37 mb/d in 2012, indicating a downward revision of 20 tb/d from the last MOMR. This revision adjusts for preliminary production data... |
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Oman >> 6/4/2012 - Middle East oil supply is believed to drop by 0.18 mb/d in 2012 to average 1.51 mb/d, representing a downward revision of 30 tb/d from the previous month. This revision comes from Oman and Yemen, whil... |
| Iraq >> 6/4/2012 - Oil exports from Iraq's southern Basra terminals were still disrupted by a dust storm, with shipments cut to 1.41 million barrels per day (bpd) from 1.65 million bpd the previous day, a shipping sourc... |
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Saudi Arabia >> 6/4/2012 - Brent crude prices traded below $100 for the second straight session, pressured by fears of a global economic slowdown following weak U.S. and Chinese economic data. Brent crude for July delivery drop... |
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Azerbaijan >> 6/4/2012 - Oil production from Kazakhstan is forecast to average 1.62 mb/d in 2012, an increase of 20 tb/d over the previous year and showing a minor downward revision of 10 tb/d from the previous MOMR. This rev... |
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