 |
Saudi cement sales down 7pc, inventories on riseThe total cement sales in Saudi Arabia fell 6.8 per cent year-on-year (y-o-y) to 47 million tonnes in the first 10 months from 50.2 million tonnes for the same period last year, said a report. The clinker production too slightly decline More… |
|
Saudi cement sales down 7pc, inventories on riseThe total cement sales in Saudi Arabia fell 6.8 per cent year-on-year (y-o-y) to 47 million tonnes in the first 10 months from 50.2 million tonnes for the same period last year, said a report. The clinker production too slightly decline More… |
 |
Oil prices edge up on falling stocks reportCrude oil prices edged up in early trading on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the year and into 2016. Industr More… |
 |
Oil edges down buoyed by lower US crude stockOil prices edged down on Friday after rising more than two per cent in the previous session, buoyed by lower US crude inventories and geopolitical tension in the Middle East. US crude futures are in their longest winning streak si More… |
 |
Brent rises towards $106 after US dataBrent futures rose towards $106 a barrel on Wednesday after investors in Asia latched on to a fall in US oil product inventories, which revived hopes of an improvement in US demand and helped crude recover from a steep fall overnight. More… |
 |
Oil up from 4-month low; Greece, euro in focusOil rose on Tuesday from a dive to a four-month low in the previous session as the euro gained against the dollar ahead of a confidence vote in Greece aimed at avoiding a messy default of its sovereign debt. US crude for July delivery rose More… |
 |
Oil in technical rebound; eyes dollar, stocksOil rose on Wednesday in a technical rebound and as the dollar held near a 10-week low against a basket of currencies after the US government pledged to cut spending while investors await weekly stocks data. US crude inventories probably r More… |
 |
Oil edges above $75 supported by weak dollarOil got support from a weaker dollar on Wednesday to trade slightly above $75, shrugging off an industry report showing surprise gains in US inventories. The outlook for oil demand remained sluggish after the Federal Reserve on Tuesday sto More… |
 |
US crude falls near $74 on slowdown fearsUS crude futures fell to near $74 on Tuesday, extending losses for a second day, as expectations of higher crude inventories fed fears of a slowdown in global economic growth. Investors took profit on oil after equities slid on skepticism More… |
 |
Oil falls towards $76, lower shares weighOil fell on Tuesday, pressured by a decline in European stock markets and a sharp drop in US housing starts but prices found some support from expectations of lower crude inventories. European shares declined, dragged lower by weakness in More… |
