‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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Kuwait Petroleum posts October LPG prices

The Kuwait Petroleum Corporation (KPC) has announced new October prices for liquefied petroleum gas (LPG), which consists of propane and butane, Kuna has reported. Propane will be sold for $575 per metric tonne, $10 higher than its price in September, while Butane will be sold for $595 per metric tonne in October, KPC has said. […]

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Kuwait Petroleum posts October LPG prices

The Kuwait Petroleum Corporation (KPC) has announced new October prices for liquefied petroleum gas (LPG), which consists of propane and butane, Kuna has reported. Propane will be sold for $575 per metric tonne, $10 higher than its price in September, while Butane will be sold for $595 per metric tonne in October, KPC has said. […]

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Kuwait Petroleum posts October LPG prices

The Kuwait Petroleum Corporation (KPC) has announced new October prices for liquefied petroleum gas (LPG), which consists of propane and butane, Kuna has reported. Propane will be sold for $575 per metric tonne, $10 higher than its price in September, while Butane will be sold for $595 per metric tonne in October, KPC has said. […]

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Kuwait Petroleum posts October LPG prices

The Kuwait Petroleum Corporation (KPC) has announced new October prices for liquefied petroleum gas (LPG), which consists of propane and butane, Kuna has reported. Propane will be sold for $575 per metric tonne, $10 higher than its price in September, while Butane will be sold for $595 per metric tonne in October, KPC has said. […]

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Masdar, GE Consumer in smart home JV

Masdar City and GE Consumer & Industrial have announced the launch of a pilot program that will investigate the reduction of peak power demand through the use of smart home appliances. The pilot residences in the Masdar Institute building will be equipped with a Home Energy Manager (HEM) and European-style and size demand response-enabled refrigerators, […]

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Masdar, GE Consumer in smart home JV

Masdar City and GE Consumer & Industrial have announced the launch of a pilot program that will investigate the reduction of peak power demand through the use of smart home appliances. The pilot residences in the Masdar Institute building will be equipped with a Home Energy Manager (HEM) and European-style and size demand response-enabled refrigerators, […]

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Masdar, GE Consumer in smart home JV

Masdar City and GE Consumer & Industrial have announced the launch of a pilot program that will investigate the reduction of peak power demand through the use of smart home appliances. The pilot residences in the Masdar Institute building will be equipped with a Home Energy Manager (HEM) and European-style and size demand response-enabled refrigerators, […]

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Masdar, GE Consumer in smart home JV

Masdar City and GE Consumer & Industrial have announced the launch of a pilot program that will investigate the reduction of peak power demand through the use of smart home appliances. The pilot residences in the Masdar Institute building will be equipped with a Home Energy Manager (HEM) and European-style and size demand response-enabled refrigerators, […]

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ADNOC cuts September crude oil prices

Abu Dhabi National Oil Co (ADNOC), has said it has lowered official selling prices for September for all its crude grades, Bloomberg has reported. September price for Lower Zakum has been reduced to $68.85 a barrel, while Umm Shaif was posted at $68.60 and Upper Zakum at $67.35 a barrel. Related Posts:Technical Analysis of Daily […]

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ADNOC cuts September crude oil prices

Abu Dhabi National Oil Co (ADNOC), has said it has lowered official selling prices for September for all its crude grades, Bloomberg has reported. September price for Lower Zakum has been reduced to $68.85 a barrel, while Umm Shaif was posted at $68.60 and Upper Zakum at $67.35 a barrel. Related Posts:Technical Analysis of Daily […]

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ADNOC cuts September crude oil prices

Abu Dhabi National Oil Co (ADNOC), has said it has lowered official selling prices for September for all its crude grades, Bloomberg has reported. September price for Lower Zakum has been reduced to $68.85 a barrel, while Umm Shaif was posted at $68.60 and Upper Zakum at $67.35 a barrel. Related Posts:Technical Analysis of Daily […]

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ADNOC cuts September crude oil prices

Abu Dhabi National Oil Co (ADNOC), has said it has lowered official selling prices for September for all its crude grades, Bloomberg has reported. September price for Lower Zakum has been reduced to $68.85 a barrel, while Umm Shaif was posted at $68.60 and Upper Zakum at $67.35 a barrel. Related Posts:Technical Analysis of Daily […]

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