Friday 29 May 2015
 
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Saudi's summer oil demand for power generation to climb

Saudi Arabia's demand for oil products could increase by up to 20 per cent this summer from last year as soaring temperatures stoke demand for power generation, but new refineries will limit the need for imports, traders and analysts said.

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China's Iran oil imports up 15pc on year in March

China's crude imports from Iran rose 15 per cent in March from a year ago to a 10-month high, although still below the purchases expected from the Islamic republic's largest oil client.   China's impo

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Bahrain imports up 15pc in March

Bahrain's overall imports soared by 15 per cent last month compared with January and February, a report said. National origin exports registered an increase of 15 per cent in February compared with January, but remained stable

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China's exports shrink 15pc in shock fall

China's export sales contracted 15 per cent in March while import shipments shrank for the third consecutive month, a shock outcome that deepens concern about sputtering Chinese economic growth. The tumble in exports - the wor

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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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India skips Iran oil imports in March under US pressure

India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to US pressure to keep its shipments from Tehran within sanction limits during the last month of negotiations on a preliminary nuclear d

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India owes Iran $8.8bn for oil

India owes about $8.8 billion for oil imports from Iran, India's trade minister said on Friday, as economic sanctions imposed over Tehran's nuclear programme have cut its access to the global banking system and hit its oil revenue.

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S Korea's February Iran crude imports down 50pc

South Korea's imports of Iranian crude oil dropped 50 per cent in February from a year earlier, and the country's oil shipments from the Opec country in the first two months of this year met international sanction requirements.

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China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

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China exports up 49pc in February

China's exports, denominated in the yuan currency, jumped 48.9 per cent in February from a year earlier, the official Xinhua news agency said on Sunday, citing official data. Yuan-denominated imports in February fell 20.1 per

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