Saturday 30 August 2014
 
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oil earning

New Iran sanctions to 'lock up' oil earnings

The US has aggressively ramped up its use of financial sanctions this year on Iran, but a measure that takes effect in February could have the most dramatic impact yet, the Treasury Department's top sanctions official said. St

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Opec to earn $1.25 trillion from oil

Opec's earnings from oil exports are expected to reach a record $1.251 trillion this year, about $73 billion more than previously estimated, the US government's top energy forecasting agency said. Net oil export earnings from the Organizat

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Opec to earn $1.25 trillion from oil

Opec's earnings from oil exports are expected to reach a record $1.251 trillion this year, about $73 billion more than previously estimated, the US government's top energy forecasting agency said. Net oil export earnings from the Organizat

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GCC to earn $636bn from oil this year

Gulf Cooperation Coucil (GCC) states are projected to earn $636 billion in oil revenues this year, a report said. The group earned $364 billion from oil in 2007, Al Shall Economic Consultants of Kuwait said in its weekly report. GC

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