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Saudi faces oil pricing dilemma as Iran raises output

Top oil exporter Saudi Arabia faces a dilemma when setting its monthly export prices this week, as rival producer Iran ramps up crude shipments into an already oversupplied market.   Export prices set by state oi

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Bapco product exports hit record high

Bahrain Petroleum (Bapco) has said its product exports for last year were 92.4 million barrels, the highest since 2010. A statement by the company quoted deputy chief executive for refining and marketing and environment, health and safety comm

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Arab states import $226m machinery from Brazil

Arab countries imported $226.31 million worth of machinery last year from Brazil, compared to $211.43 million in 2014, registering a seven per cent growth, according to recent statistics.   The Arab-Brazilian Cha

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Arab states import $226m machinery from Brazil

Arab countries imported $226.31 million worth of machinery last year from Brazil, compared to $211.43 million in 2014, registering a seven per cent growth, according to recent statistics.   The Arab-Brazilian Cha

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Algeria's energy export volumes dip in Jan-Sept 2015

Algeria's overall energy export volumes dropped in the first nine months of 2015, declining 2.8 percent due to a fall in output and a sharp rise in domestic consumption, the energy ministry said.   Overall en

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Iran may export LNG to Iraq, Oman

Iran has received a request for the export of liquefied natural gas (LNG) to Iraq, and final negotiations with Oman are underway to sign a contract to supply gas from Jask terminal in southern Iran, a senior official said in a report.

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Iran may export LNG to Iraq, Oman

Iran has received a request for the export of liquefied natural gas (LNG) to Iraq, and final negotiations with Oman are underway to sign a contract to supply gas from Jask terminal in southern Iran, a senior official said in a report.

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Saudi may lift cement, steel export curbs

Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website Al-Eqtisadiah quoted a customs department official as saying on Sunday. Saudi government

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Saudi may lift cement, steel export curbs

Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website Al-Eqtisadiah quoted a customs department official as saying on Sunday. Saudi government

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Revival of Opec export quotas 'very difficult’: Iran

Iran said on Friday that the removal of Opec’s quotas system was a historic mistake and its revival will be very difficult, state news agency IRNA quoted Oil Minister Bijan Namdar Zanganeh as saying on Friday.  

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