Thursday 2 April 2015
 
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EU 'cannot maintain protection against China imports'

European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential warning from the EU's own lawyers, who say the bloc should not ignore changes to global trade rules set to favour Beiji

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Saudi may raise crude OSPs for second month in May

Top oil exporter Saudi Arabia is expected to raise prices for most grades it exports to Asia for a second straight month in May as firm refining margins supported demand in the region.   The Opec producer last mo

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China a big buyer of Yemen oil as export risks rise

Oil prices have surged on growing conflict in Yemen, though trade sources said there was ample crude supply in global markets to replace any drop in exports to buyers such as China as long as the conflict did not cause broader disruption.

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Kuwait trade surplus shrinks 44pc in Q4

Kuwait's foreign trade surplus narrowed 44 per cent from a year earlier to KD3.33 billion dinars ($11.1 billion) in the fourth quarter of 2014, data from the Central Statistical Bureau showed on Monday. Exports decreased to KD

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Iran ready to boost oil exports

Iran is ready to boost its oil exports by up to 1 million barrels per day (mbpd) when Western sanctions over its nuclear programme are lifted, the official Irna news agency quoted Oil Minister Bijan Zanganeh as saying. &n

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Poor quality steel from China 'dumped in Saudi’

Chinese producers are supplying huge quantities of unsafe steel products to projects in Saudi Arabia due to lack of effective controls by the government, a report said. China’s exports of steel to Saudi Arabia amounted to ab

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Kurdish oil deal with Baghdad unravels as tensions rise

A four-month-old oil deal between Iraq and the semi-autonomous Kurdistan region is close to unravelling after payments from Baghdad dried up, prompting Arbil to threaten to sue buyers and ramp up independent oil exports.  

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Kurdish oil deal with Baghdad unravels as tensions rise

A four-month-old oil deal between Iraq and the semi-autonomous Kurdistan region is close to unravelling after payments from Baghdad dried up, prompting Arbil to threaten to sue buyers and ramp up independent oil exports.  

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US softwood lumber export to Mena reaches $27.4m

The overall export of US softwood lumber in 2014 increased 26 per cent over the previous year with total exports to the Mena region reaching $27.4 million. The top five markets for American softwoods in the region last year were Egypt (

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US softwood lumber export to Mena reaches $27.4m

The overall export of US softwood lumber in 2014 increased 26 per cent over the previous year with total exports to the Mena region reaching $27.4 million. The top five markets for American softwoods in the region last year were Egypt (

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