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Russia offers gas, oil swap deals to IranRussian Energy Minister Alexander Novak said Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration. Moscow has bo More… |
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Barclays launches live Mena currency swapsBarclays has announced the launch of the first live and electronic execution of interest rate swaps on multiple Mena currencies. Accessible through Barclays trading platform BARX, via Bloomberg, clients can either click-and-trade or reques More… |
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Iran in talks to increase oil swapsIran is in talks to increase oil swap deals with its northern neighbours, oil ministry news agency Shana quoted the director of state oil company NIOC as saying. Ahmad Qalebani, director of state-run National Iranian Oil Company, said Iran More… |
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Iron ore derivative volumes hit new recordThe volume of iron ore derivative contracts cleared using The Steel Index (TSI’s) iron ore price index hit a new record of over 6.6 million tonnes in August registering an increase of over 50 per cent on the previous monthly record set in July. More… |
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Dubai EFS jumps to highest since Opec cutExchange of Futures for Swaps (EFS) for May jumped to $2.50 a barrel on Thursday, the highest level since December 2008 when Opec producers began record supply curbs, traders said. This raised the issue of whether Asian refiners would redu More… |
