Wednesday 1 April 2015
 
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Bahrain increases industrial use gas prices

Companies will pay more for gas from today (April 1), the National Oil and Gas Authority (Noga) announced yesterday. Readjusted diesel prices were given the green light by Bahrain’s Cabinet at its weekly session on January 1

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Once-bullish fund managers start to capitulate on oil prices

Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and E

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Once-bullish fund managers start to capitulate on oil prices

Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and E

More…

QTA warns hotels against increasing prices

Qatar Tourism Authority (QTA) has issued a warning to hotels in the country against attempts to increase prices exorbitantly to cash in on the increased inflow of tourist, according to a report. Some hotels had increased prices by

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Oil falls more than $1 as Mideast supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen. Goldman Sachs said the bombing of Yemen would have little effe

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Mideast OFS spend to recover as oil prices rise

Middle East and Asia, the onshore dominated regions, is set to see a recovery in expenditure as oil prices rise, due to the sensitivity of onshore driving activity to changes in oil price, according to a recent forecast. The Dougl

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Tank industry to discuss oil storage issues

The price of a barrel of US oil which was averaging $104 nearly 12 months back, is around $44 per barrel - a major change by anyone’s reckoning. The effects of this price slump on the tank industry have been significant. Oil trade

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Tank industry to discuss oil storage issues

The price of a barrel of US oil which was averaging $104 nearly 12 months back, is around $44 per barrel - a major change by anyone’s reckoning. The effects of this price slump on the tank industry have been significant. Oil trade

More…

Bahrain cbank warns borrowing in the face of oil price

The Central Bank of Bahrain (CBB) has warned that borrowing in the face of oil price drop and the absence of a plan to reduce deficit, will have an adverse impact on the kingdom’s economic stability. With increased governmen

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Oil plunge 'won't affect projects' in Bahrain

Bahrain’s Energy Minister Dr Abdulhussain Mirza has said that short-term volatility in oil prices will not affect the kingdom’s future power projects. He was speaking as he attended the inauguration of Bahrain Informat

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