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The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companies In a decade dominated by the rise of China, the expansion of the internet and the...
Robin Pagnamenta, Energy Editor The chief of the Opec oil cartel said that oil-producing countries should be compensated for lost revenues if UN climate talks in Copenhagen next month reach a deal that cuts the use of oil. In...
CME Group Inc., the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for a new physically delivered Gulf Coast sour crude oil futures contract. Trading will...
What city contributed most to the making of the modern world? The Paris of the Enlightenment and then of Napoleon, pioneer of mass armies and nationalist statism? London, seat of parliamentary democracy and center of finance?...
The claim that biofuels are a threat to food security comes from multinational oil companies, who fear that biofuels are a threat to their business, alleged Jose Bellini, coordinator for agrobusiness of the Brazilian...
HOUSTON, Nov 20 (Reuters) - Gasoline in West Coast refined products markets changed contract periods to December on Friday, traders said. Los Angeles ethanol-blend, unleaded CARBOB gasoline for December was in a bid-offer...
FRANKFURT - The United Arab Emirates has no plans to drop its peg from the US dollar, its Central Bank chief said on Friday, while the recent rise in the price of oil has pushed it above the bank's internal forecasts.
GLOBAL economic indicators may be improving but companies are still hesitant to embrace this uptick, particularly those in the freight and logistics industry which have witnessed a gloomy scenario through the major part of the...
HELPING clients exploit the very last drop of oil by using its expertise and knowledge in marginal fields production used to be what Uzma Bhd did – until now, that is. The oil and gas services provider bought a 35% stake in...
DUBAI - Saudi Arabia is all but certain to adopt the Dubai Mercantile Exchange's Oman crude oil futures contract as its benchmark one day, oil traders say. Now the main question is when, not if, it makes the switch.
