Tag Archives: Oil Price

Sasol shares climbed as much as 4 percent in Johannesburg trading. the most since March 31. and were 3.9 percent higher at 386.50 rand as of 10:05 a.m. local time.

Tehran seeks to raise gas production capacity to 1 billion cubic meters per day by March 2018 on the back of bigger supplies from South Pars.

India’s plan to merge some state-held oil enterprises could reduce inefficiencies in the sector.

Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.

Qatari banks. whose $50 billion external liabilities dwarf central bank reserves. may need more aid if the crisis deepens.

Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.

The US shale oil output will make up more than half of the 1.5 mb d in non-OPEC supply growth forecast for the next year.

Almost 60% of businesses expect to expand this year. Bank of Scotland report finds.

An extraordinary metal that is vital to the electric car boom is facing a critical shortage.

SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.