Sunday 20 April 2014
 
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Inventory

Emirates Yoo to expand portfolio

Emirates Yoo (www.emiratesyoo.com), the first interactive online travel resource by Kuoni  Group, has quadrupled its inventory offering and is now looking to add flights and car rentals to its portfolio in the coming months. In add

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Oil supply enough to meet shortages: Saudi

The oil market has enough supply and prices are at a favourable level, Saudi Arabia's oil minister said on Tuesday, affirming the willingness of the world's top crude exporter to meet shortages. Saudi Arabia pumped oil at

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Gold demand 'likely to wane in second half'

The first half of 2013 was the period in which gold exchange traded funds, with their day-to-day transparency, became an increasingly important price maker, rather than a price taker, as an ever more unsettled professional gold market responded

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Oil near $100 still a threat to economy: IEA

Oil prices near $100 a barrel are still a threat to a slowing global economy that is likely to consume less fuel than the International Energy Agency (IEA) had forecast, the IEA's executive director said on Tuesday. Brent crude this week d

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Brazilian firm eyes GCC orange juice market

BrazArtis, a leading import-export company in Brazil, has started a massive campaign aimed at boosting the exports of its frozen concentrated orange juice (FCOJ), cold pressed orange oil (CPOO) and D’lemonene to the Gulf region. This endea

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Brent falls below $115 on US inventory gain

Brent fell by 0.3 per cent on Wednesday to below $115 on indications that higher fuel prices were weighing on consumer confidence in top user the US, where crude inventories rose more than expected last week. Brent crude for May declined 3

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Oil hovers above $91 ahead of US stocks data

Oil held above $91 a barrel on Thursday, ahead of US weekly inventory data expected to show a drawdown in crude stocks for the fourth consecutive week due to an abnormally icy winter. US crude for February delivery edged up 18 cents to $91

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Oil near $90 as crude, gasoline stocks drop

Oil prices rose on Wednesday to  hover just below $90 a barrel, supported by data showing a  drop in US oil and gasoline inventories, a winter cold snap  in the United States and Europe amid thin trading volumes. US crude fo

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US wholesale sales fall after one year

US wholesale sales fell unexpectedly for the first time in more than a year, lifting inventories to their highest level in 11 months, a government report showed yesterday. Analysts said a slackening in demand would now lead businesses to t

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Oil rises above $82 ahead of Opec meet

Oil prices extended overnight gains and rose above $82 a barrel on Wednesday, supported by a weaker dollar and expectations that producer group Opec will keep oil output cuts in place at a meeting later in the day. An industry report that

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