Saturday 30 August 2014
 
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Exports

Saudi crude exports fall as domestic demand rises

Saudi crude exports fell in June to their lowest levels in almost three years as oil use in the country's power sector rose and local refineries processed high volumes, official data showed.   The top oil exp

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Iran's oil exports lower in July

Iran's oil exports slipped for a second month in July, yet sales remained above the limit set by the West under an interim deal aimed at curbing Iran's nuclear programme, according to sources who track tanker shipments. Iran and

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Saudi non-oil exports down 5pc in May

Saudi Arabia's imports fell an annual 5 per cent in May, the seventh drop in a row, while non-oil exports dropped 5.1 per cent, their first fall since March 2013, data from the Central Department of Statistics and Information showed on Wedne

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ME to play key role in Taiwan growth

The Middle East region has a significant role to play in Taiwan's dynamic and export-driven economy, said a top official of the Asian country. With foreign trade a major thrust of Taiwan's development, the Middle East is w

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Opec oil output slips by 70,000 bpd in June

Opec's oil output has fallen in June from May's three-month high, a Reuters survey found on Monday, as fighting in Iraq closed its largest oil refinery and technical problems slowed its southern exports. The slight decline

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With grip on oilfields, Kurds unveil new Iraq plan

Iraq's self-ruling Kurds have outlined plans to swiftly ramp up oil exports now that their forces have seized control of Iraq's main northern oil fields, a move that could tear up the settlement holding Iraq together since the fall of Sa

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With grip on oilfields, Kurds unveil new Iraq plan

Iraq's self-ruling Kurds have outlined plans to swiftly ramp up oil exports now that their forces have seized control of Iraq's main northern oil fields, a move that could tear up the settlement holding Iraq together since the fall of Sa

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Iraq vows steps against Kurdish exports

Iraq's oil minister on Monday condemned the export of pipeline crude from Iraqi Kurdistan and threatened the region and Turkey, its point of export, with severe measures. "What happened in my view was the biggest mistake

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Western Australia exports to UAE hit $925m

Western Australia, the gateway to the rest of Australia and also the powerhouse driving the country's economy, said its trade with the UAE has soared to Dh3.4 billion ($925 million) in 2013. Currently 57.1 per cent of the trad

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Iran's oil exports surge above West's sanctions cap

Iran's crude oil exports have surged to their highest in 20 months, far exceeding a 1 million barrel-per-day limit set by the West under an interim deal on curbing Tehran's nuclear program. The International Energy Agency&

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