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Crude Oil Markets

US standing in Caspian drips away

The standing of the United States in Central Asia is plunging as new geopolitical realities play out following the Georgia-Russia conflict. US efforts to court countries in the key oil pipeline region have been bluntly snubbed...

Diesel costs set to come down in Dubai again

Dubai oil retailers - Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat - have decided to cut the price of diesel by 50 fils a gallon at the pumps effective from October 12, oil...

Sticky situation: Fate of oilsands players seen as a question of timing

CALGARY - Shrivelling oil prices will continue to knock down the price of fuel, while the oilpatch is bracing for rocky times as profit margins narrow and credit becomes tougher to come by. Crude o...

Tumbling crude a benefit to consumers, but cause for concern in oilpatch

CALGARY - Shrivelling oil prices will continue to knock down the price of fuel, while the oilpatch braces for rocky times as profit margins narrow and credit becomes tougher to come by. Crude oil e...

Gulf Wealth Funds 'Swell To $2trn'

Gulf oil producers controlled a staggering $1.7 trillion (Dh6.23trn) in foreign assets at the end of 2007 and the investments are projected to surge above $2trn at the end of this year, semi-official estimates showed Friday.

Is There A Foreign Force Waging War Against the US Economy? (Part One)

Is There A Foreign Force Waging War Against the US Economy? (Part One) Dr. Walid PharesIn the fog of economic mayhem ravaging American and international economies, experts are having a hard time determining the root causes of...

Will Russia Be the Next Islamic State

Consider this, Russia has all the high tech military toys, nukes a Muslim population that is growing more religious and more Wahhabi by the moment. And if current radicalization trends hold, Russia may become a war theater...

Here Comes the Sun

Forbes Magazine dated October 27, 2008 The price of oil has retreated from its dizzying June peak, and energy stocks have taken a pounding. On Sept. 23 Spain's energy secretary, Pedro Marín, proposed raising the cap on how many...

Why exporters aren’t cheering the rupee’s fall

We run companies. We do not know how currency markets operate. Volatility doesn’t help us because we do not know how to hedge on a daily basis. M. Rafeeque Ahmed, Chairman, Farida Group As the head of a company that exports...

Shocked by the harsh realities

Insight Down South By SEAH CHIANG NEE The man in the street finds it hard to understand why electricity charges have gone up when the price of oil - to which the gas for generating power is tied - has come down. DAZED by months...