Search Results for: oil
World Bank is forecasting Industrial Commodities Prices to Surge in 2017
February 2nd, 2017
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude ...
Greece, Israel, Italy, Cyprus to discuss natural gas pipeline
February 2nd, 2017
Government representatives from Italy, Greece, Cyprus and Israel plan to meet in February to discuss a natural gas pipeline from the east Mediterranean fields to Greece and Italy, according to a report in Globes, a business daily. Israel energy minister ...
Iran prepares to stop using the dollar as anger builds over Trump ban
February 1st, 2017
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited after Washington included the country in a list of seven ...
FTSE up on miners, pharmas after Tuesday’s Brexit debate
February 1st, 2017
London shares opened on a positive note with miners, pharmas and utilities leading blue chips higher amid ongoing concerns about the US’ controversial travel ban and after UK parliamentarians’ Brexit debate yesterday. Soon after the open, FTSE 100 was ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
How Gulf stock markets are in early Monday; Saudi Arabia’s index fell
January 30th, 2017
Major Gulf stock markets were weak in early trade on Monday in response to soft global equities and crude oil prices, although Dubai courier firm Aramex soared on a fourth-quarter earnings beat. Saudi Arabia’s index fell 0.1 percent after ...
Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap
January 30th, 2017
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders digested the tensions sparked by Donald Trump’s order halting some ...
Venezuelan authorities arrest 4 bitcoin miners
January 27th, 2017
Venezuelan authorities have arrested four people allegedly involved with a cryptocurrency-mining operation based in a small city about an hour and a half’s drive from Caracas, according to local media reports. Three men and one woman with ages ranging ...
Yen Extends Slump on BOJ Move, Asian Stocks Advance: Market Wrap
January 27th, 2017
Mexican peso slides for second day, gold’s decline contines Greenback still set for monthly drop despite recent gains The yen extended its biggest decline in a week and Japanese bonds rose as the nation’s central bank stepped in to ...
Qatar’s real estate market shows steady recovery
January 26th, 2017
Qatar’s real estate prices have shown a steady recovery during the final quarter (October-December) of 2016 compared to the previous quarter (July-September 2016) which witnessed a steady decline in the price index, after hitting a record low for the ...
