Brent and U.S crude oil prices increased more than 1.0 percent to $110 a barrel on Wednesday, rebounding from a two-day decline after Israel launched an offensive against Palestinian militants in Gaza, increasing fears about tensions in the Middle East disrupting supplies.
read more... 15/11/2012
Brent crude oil firmed above $112 on Friday following economic reforms announced in Spain which have temporarily eased investor concerns about Europe’s debt crisis, while the intensification of tensions between Israel and Iran also backed oil prices.
read more... 28/09/2012
During a meeting between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu on Monday, the Russian gas giant, Gazprom agreed to open a subsidiary in Israel that will help to develop large offshore gas reserves.
read more... 27/06/2012
NYMEX and Brent crude oil futures increased for a fifth consecutive session on Tuesday, supported by a rebound in equities and on news that U.S. government broke up an alleged plot bomb Israeli and Saudi Arabian embassies in Washington.
read more... 12/10/2011
Egypt ‘s oil ministry declared that the Egyptian pipeline that carries gas to Israel and Jordan is expected to be operational by the end of the week following an explosion on July 4, caused by militants.
read more... 11/07/2011