Tuesday 24 May 2016
 
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Exports

Oil falls as Iran firm on export rise

Brent crude prices fell for a fourth consecutive session on Monday as investor focus returned to global supply, with Iran insisting on a rise in oil exports and US drillers slowing the reduction in rigs.   Global

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US softwood lumber exports to Mena down 40pc

The total exports of US softwood lumber to the Middle East and North Africa (Mena) region plunged to $20 million in 2015, down 40 per cent over the previous year, said a report. However, markets around the globe continue to demand

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Iran cuts crude prices vs Saudis, Iraq in market share fight

Iran has set its June official selling prices (OSPs) for heavier crude grades it sells to Asia at the biggest discounts to Saudi and Iraqi oil since 2007-2008, raising the stakes in its fight to regain market share.  

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China April exports, imports decline more than expected

China's exports fell more than expected in April, reversing the previous month's brief recovery, as weak global demand weighed on trade out of the world's second-largest economy. Exports fell 1.8 per cent from a year e

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China seizes biggest share of global exports

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports

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China seizes biggest share of global exports

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports

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Brazil farm, livestock exports to Mideast hits $724m

Total exports of agricultural and livestock products from Brazil to the Middle East amounted to $724.3 million in March 2016, up 46.3 per cent in comparison to figures from the same period last year, according to statistics released by the Brazi

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Saudi oil exports fall to 7.553mbpd in February

Saudi Arabia's crude oil exports in February fell to 7.553 million barrels per day (mbpd) from 7.835 mbpd in January, official data showed on Monday.   The world's largest oil exporter produced 10.220 mbp

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Saudi Arabia lifts cement, steel export ban

Saudi Arabia has lifted a ban on exporting cement, a senior industry official was quoted as saying on Tuesday, while an industry source indicated a similar ban on steel has also been eased. The relaxing of the bans comes as the ki

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Oil steady as Iraqi exports up

Oil steadied at around $40 per barrel on Thursday as a surprise fall in US inventories the previous day was offset by an increase in exports from Iraq, underlining global oversupply. Brent futures were at $39.89 at 0757 GMT, up 5

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