china wholesale market

Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: January 24, 2015
SAUDI ARABIA. King Salman will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share.
Posted: January 23, 2015
INTERNATIONAL. Oil prices rose after the death of Saudi Arabia's king added to the uncertainty in global oil markets, although the new ruler indicated immediately there would be no policy change.
Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
Posted: January 23, 2015
UAE. The tech accelerator, to be launched by Masdar Institute and BP, will help fledgling UAE innovators to bring their ideas to market.
Posted: January 22, 2015
UAE. Costs of production have fallen significantly over the past few years, and solar now makes sense from an economic point of view.
Posted: January 22, 2015
UAE. GCC bond markets remain stable, against increasing volatility in EM; ECB set for QE amidst Swiss currency turmoil; Swiss Franc volatility set to continue.
Posted: January 22, 2015
UAE. "We expect the banks to be a bit more conservative in extending new loans," S&P's Timucin Engin, said. The drop in oil revenue "will hurt deposits" in a market still recovering from the financial crisis.
Posted: January 21, 2015
UAE. Insufficient government policy frameworks, price competitiveness and poor grid infrastructure are barriers to cleantech industry development, says EY report.
Posted: January 21, 2015
INTERNATIONAL. Investors have regained a muted risk appetite, turning to U.S. equities, bonds and real estate; Value seen in oil and energy stocks - but it seems too soon for investors to have made a move.
Posted: January 19, 2015
INTERNATIONAL. Precious metals saw the biggest gains of the week with both silver and gold dislocating further from the ongoing rise of the dollar.
Posted: January 18, 2015
SAUDI ARABIA. Net income dropped to 4.36 billion riyals (US$1.16 billion) from 6.16 billion riyals a year earlier, the Riyadh-based company said. Sales slipped 10% to 43.4 billion riyals.
Posted: January 16, 2015
UAE. ACWA Power will sell electricity from the plant to Dubai Electricity & Water Authority at 5.85 cents per kilowatt-hour, a price that will be "the lowest by far" for solar power globally and among the cheapest from other sources.
Posted: January 14, 2015
UAE. Regional commitment to spending on oil and gas projects is unlikely to change, even in light of the significant drop in oil prices, according to PwC's latest industry snapshot.
Posted: January 14, 2015
INTERNATIONAL. The world is drastically out of synch both in terms of economic and monetary policy going into 2015 and faces an unprecedented cocktail of geopolitical risks.
Posted: January 14, 2015
INTERNATIONAL. "If Iran suffers from declining oil prices, know that other oil-producing countries such as Kuwait and Saudi Arabia will suffer more than Iran," Rouhani said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 24, 2015
QATAR. Deflation is starting to spread into lower global consumer prices, depressed wages and, to a lesser extent, softer asset prices. Unless an appropriate fiscal response is found, this disinflationary dynamics is likely to continue in 2015 and possibly beyond.
date:Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
date:Posted: January 23, 2015
INTERNATIONAL. New Oliver Wyman report says financial services returns now hover around the 7% average of utilities.
QATAR. Deflation is starting to spread into lower global consumer prices, depressed wages and, to a lesser extent, softer asset prices. Unless an appropriate fiscal response is found, this disinflationary dynamics is likely to continue in 2015 and possibly beyond.
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