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Largest gas exporters to discuss over long-term contracts and fair gas prices
World’s largest gas exporters leaders, among which the Iranian President Mahmoud Ahmadinejad, Algerian leader Abdelaziz Bouteflika and the head of Libya’s National Transitional Council, Mustafa Abdul Jalil, participated at their first summit on Tuesday in the capital of Qatar, Doha, two days after a ministerial meeting of the 12-nation Gas Exporting Countries Forum (GECF) took place.
read more... 15/11/2011
Daily – oil up on meeting close of the U.S. policymakers
U.S. and Brent crude oil futures soared on Wednesday following the announcement that the U.S. Federal Reserve’s policymakers closed a two-day meeting, leaving monetary policy on hold and giving a brighter economic forecast.
read more... 03/11/2011
Daily – oil mixed on increase in domestic crude stocks
Crude oil futures were mixed on Tuesday on released industry data that indicated an increase in domestic crude stocks by 2.7 million barrels previous week, much higher than predicted and as euro zone discords shut risk markets ahead of Wednesday’s European leaders meeting.
read more... 26/10/2011
Daily – gas at a new high level
U.S. and Brent crude oil futures were mixed on Thursday on optimism that German and French leaders will find a solution to come out of the European crisis, but no resolution will be adopted before the second meeting next week.
read more... 21/10/2011
Russia and Ukraine seek a resolution for gas dispute
During a meeting between Russian and Ukrainian Presidents, Dmitry Medvedev and Viktor Yanukovych late on September 24, the countries discussed about a prior gas deal between the two partners, at which Ukraine tried to persuade Russia to change the terms of a gas supply deal between the two ex-Soviet nations, saying that it is paying too much under the current deal.
read more... 26/09/2011