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Month: February 2016

Category:
  • Prices

Brent Gains as Premium to U.S. Oil Rises to Highest in 3 Months

Brent crude in London advanced, widening its premium over West Texas Intermediate to the highest in almost 3 months as swelling stockpiles weigh on U.S. prices. Futures for April in Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices mixed as market ponders whether crude has bottomed out

Brent crude futures edged up on Monday after already making up ground last week as indications mounted of the market bottoming out, but analysts warned that downward risk remained and Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Syria rebels say attacks by army and Russian planes threaten truce

The Syrian opposition warned on Sunday that attacks by the army, backed by Russian warplanes, threatened a U.S.-Russian deal for a cessation of hostilities with collapse and endangered future peace Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Iran

Rouhani allies win most Tehran seats in clerical body: final results on IRNA

Iranian President Hassan Rouhani casts his vote during elections for the parliament and Assembly of Experts, which has the power to appoint and dismiss the supreme leader, in Tehran February Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

Syrian government forces regain road from Islamic State: monitor

Syrian government forces regained control of a key road to the northern city of Aleppo after making advances against Islamic State fighters on Monday, a monitoring group and state television Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Iran

Iran Sells South Pars Condensate to Hanwha in Challenge to Qatar

Iran sold a light hydrocarbon liquid pumped from its South Pars fields to South Korea’s Hanwha Total Petrochemicals Ltd., as the removal of sanctions help it challenge producers of similar Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Iran

Moderates Win Majority in Tehran in Iranian Elections

Allies of Iran’s President Hassan Rouhani, a relative moderate in the ultraconservative clerical regime, have won 15 of the 16 seats in Tehran in the Assembly of Experts election , Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Kuwait
  • Oman
  • Qatar
  • United Arab Emirates

Arab States Face $94 Billion Debt Crunch on Oil Slump, HSBC Says

Gulf Cooperation Council countries may struggle to refinance $94 billion of debt in the next two years as the region faces slowing growth, rising rates and rating downgrades, according to Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Iraq

Twin suicide bombing kills 70 in Baghdad’s deadliest attack this year

he death toll from two suicide blasts in Baghdad’s mainly Shi’ite district of Sadr City rose to 24 with more than 60 others wounded, police and medical sources said on Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Foreign Assets Approach Four-Year Low After January Drop

Net foreign assets held by Saudi Arabia’s central bank fell below $600 billion in January for the first time since July 2012 as the government of the world’s largest oil Continue Reading

Posted On : 29 Feb 2016 Published By : Tom Whipple

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