Thursday 1 September 2016
 
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gasoline

Iran eyes 70pc expansion of refining capacity

Iran plans to increase its refining capacity for crude and condensate by more than 70 per cent within the next four years in a move aimed at reducing gasoline imports, Gulf Times Qatar quoted a top official as saying. The

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Iran eyes 70pc expansion of refining capacity

Iran plans to increase its refining capacity for crude and condensate by more than 70 per cent within the next four years in a move aimed at reducing gasoline imports, Gulf Times Qatar quoted a top official as saying. The

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Bapco, Greenergy to set up gasoline blending hub

Bahrain Petroleum Company (Bapco), an operating company wholly owned by nogaholding, has formed a strategic joint venture with Greenergy, a large-scale blender of gasoline in the United Kingdom. The joint venture, Bahrain Gasoline

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Bapco, Greenergy to set up gasoline blending hub

Bahrain Petroleum Company (Bapco), an operating company wholly owned by nogaholding, has formed a strategic joint venture with Greenergy, a large-scale blender of gasoline in the United Kingdom. The joint venture, Bahrain Gasoline

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UAE raises May gasoline, diesel prices

The UAE will raise domestic prices for gasoline and diesel in May after global oil prices increased, the ministry of energy said on Thursday. The price of a litre of octane 95 gasoline will rise to Dh1.67 ($0.46) at the start of n

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Oil up 1.1pc, at 2016 highs on weak dollar

Crude oil futures rose half a dollar in early Asian trading on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month's bull-run could soon run out of steam.

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Oil up 1.1pc, at 2016 highs on weak dollar

Crude oil futures rose half a dollar in early Asian trading on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month's bull-run could soon run out of steam.

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Qatar to let fuel prices fluctuate in subsidy reform

Qatar will allow its domestic gasoline and diesel prices to fluctuate in response to changes in global markets as it seeks to reduce waste of fuel and save money for the state budget. Currently, local fuel prices are fixed at low

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Brent set to rise as oil glut begins to clear: report

The oil market is now poised to rebalance in the next six quarters and Brent crude price is likely to rally to $47 per barrel by mid-year, according to a new report by Bank of America Merrill Lynch. The report titled ‘Global

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Looming gasoline glut pulls down crude prices

Crude oil prices fell in early Asian trading on Tuesday on signs of weakening gasoline demand, long a pillar of support for struggling fuel markets, in both North America and Asia. Front month US West Texas Intermediate (WTI) crud

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