Wednesday 27 August 2014
 
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Supplies

Brent weakens below $103 on rising supply

Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. October Brent crude was down 13 cents to $102.50 a barrel by 1122 GMT. US crude

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Fires spark new safety warning in Bahrain

An alert has been issued over the potentially lethal consequences of overloading power supplies, following a spate of fires caused by short-circuits in Bahrain.   So far this

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Gulf Air could get 30pc fuel subsidy

Bahrain's national carrier, Gulf Air, could soon get a 30 per cent discount on fuel supplies.   The parliamentary co-ordination committee has endorsed a proposal in this regard submitted by MP Khalid Abdula&#

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Brent hits 4-month low on ample supply, Iran talks

Brent crude fell towards $104 a barrel on Thursday to a fresh four month low as plentiful supplies and continued progress in talks between Iran and the West over Tehran's disputed nuclear programme weighed on prices. Investors

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Brent crude oil hits 3-month high over tight supply

Brent crude oil rose towards $110 per barrel on Tuesday, reaching a three month high, due to lower inventories, firm demand and concern that turmoil in Egypt could disrupt supply. Brent crude gained 41 cents to $109.50 a barrel by

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UK gas stocks swell on LNG supplies from Qatar

UK stocks of liquefied natural gas have swollen over the last week, data from National Grid shows, after three big Qatari deliveries helped replenish low heating fuel supplies during the coldest March in over half a century. Brita

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Brent rises above $123 on China data

Brent crude rose above $123 on Monday after positive manufacturing data from China eased fears of a sharp economic slowdown in the world's second-largest oil consumer and continuing tension in the Middle East threatened crude supplies.  

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Major education exhibition opens

Gulf Educational Supplies and Solutions (GESS), a leading education exhibition, today opened its doors at the Dubai World Trade Centre alongside the Global Education Forum (GEF). The show is a key platform for industry professionals to so

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250 firms to take part in education supplies expo

More than 250 companies will be present at the Gulf Educational Supplies & Solution exhibition (GESS), which opens tomorrow (February 28) at the Dubai World Trade Centre.  The show, organized by F&E Education with the support

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Brent crude rises on tighter supply prospects

Brent crude edged up on Wednesday, rising for a second straight session on expectations of higher demand in the months ahead and tighter US inventories, but concerns about moderating economic growth in China and euro zone debt woes kept a lid on g

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