Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.
News ID: 8278 Publish Date : 2020/01/10
Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iranian military commander in Iraq.
News ID: 8234 Publish Date : 2020/01/06
Saudi Arabia’s Tadawul All Share Index (TASI) as well as other key Middle East stock exchanges were down on Sunday after the US' assassination of Iran’s top general triggered a new round of tensions between Washington and Tehran.
News ID: 8231 Publish Date : 2020/01/05
Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks” after a US airstrike on key Iranian and Iraqi military personnel.
News ID: 8191 Publish Date : 2020/01/03
Sulphur production in North America will likely be lower in 2020 than 2019, but slower phosphate demand growth and plentiful global availability will weigh on prices.
News ID: 8173 Publish Date : 2019/12/31
Former Iranian Ambassador to Russia Mehdi Sanayee stressed that relations between the two countries have flourished in all areas in recent years.
News ID: 8044 Publish Date : 2019/12/22
The graphite electrodes prices globally are on a free-fall for over the past one year amid excess supply and poor downstream demand. As per SteelMint's analysis, the electrode prices have plunged by almost 67% y-o-y basis (ex-China). This includes both HP as well as UHP grades.
News ID: 8021 Publish Date : 2019/12/18
The London-based Legatum Institute, which compared the Prosperity Index of 167 countries, found that Iran’s score has improved from 46.7 in 2009 to 48.3 in 2019.
News ID: 7987 Publish Date : 2019/12/16
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi said the country does not aim to leave the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), despite reducing its commitments under the accord.
News ID: 7763 Publish Date : 2019/12/04
Iranian Deputy Foreign Minister Seyed Abbas Araqchi said on Saturday that the negative effects of the US unilateral sanctions have been cushioned, adding that Tehran is going to use new mechanisms to bolster economic ties with friendly countries.
News ID: 7628 Publish Date : 2019/11/30
Emirates Global Aluminium (EGA), the largest aluminium producer in the Middle East is supporting the downstream consumers of its metal to engage with the Aluminium Stewardship Initiative.
News ID: 7558 Publish Date : 2019/11/26
Visiting Iranian Energy Minister Reza Ardakanian held a bilateral meeting with his Russian counterpart, Alexander Novak, about a $5 billion loan that Moscow plans to give Tehran to implement infrastructure projects in the Islamic Republic.
News ID: 7538 Publish Date : 2019/11/22
Building on the success of its first two e-magazines “Aluminium LeaderSpeak 2019”and “Aluminium Industry 4.0: Drivers & Change Makers”, AlCircle has launched its region focused e-magazine on the topic “Aluminium Middle East: Focus 2020”.
News ID: 7523 Publish Date : 2019/11/21
Iran’s ambassador to the United Nations slammed the Israeli regime and the US as the main obstacles to the establishment of a Middle East Zone Free of Nuclear Weapons.
News ID: 7495 Publish Date : 2019/11/19
Iranian Energy Minister Reza Ardakanian said he would travel to Moscow to hold talks with senior Russian officials about a $5 billion loan from the country.
News ID: 7494 Publish Date : 2019/11/20
French tubular steelmaker Vallourec expects Brazilian demand to pick up in the fourth quarter, while oil and gas demand in the US is expected to decline.
News ID: 7484 Publish Date : 2019/11/15
The managing director of Iran’s Jey Oil Refining Company said the company, the biggest exporter of bitumen in Iran and the Middle East, is exporting the product to 19 countries.
News ID: 7330 Publish Date : 2019/11/09
Indian state-controlled refiner IOC is expected to increase production in the coming months at its new 700,000 t/yr polypropylene (PP) plant at Paradip in east India's Odisha state.
News ID: 7290 Publish Date : 2019/11/06
Opec anticipates a global refining surplus of nearly 4mn b/d in 2024, a substantial increase from the excess it flagged a year ago, and it has more than doubled the amount of refinery capacity it expects will close as a result.
News ID: 7231 Publish Date : 2019/11/05
The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) said Russia is slated to give the Islamic Republic a loan of €1.2 billion in form of LC (Letter of credit) to construct a major power plant in Iran’s southern city of Sirik.
News ID: 7104 Publish Date : 2019/11/01
