News

  • 28 November 2011

    Brent crude rises on Iran, Syria supply concerns

    Brent crude gained 40¢ to stand at $109.40 this morning, its single biggest rise in a month after initial losses were triggered by concerns about supply shortages from Iran and...

  • 27 November 2011

    Oil prices rise on IMF eurozone aid

    Oil markets were boosted this morning by investor optimism that Italy may get financial help from the International Monetary Fund (IMF).

  • 24 November 2011

    Yemen rejects Nexan’s PSA Masila extension

    The Government of Yemen has rejected Canada-based Nexan's application to extend its production sharing agreement (PSA) on block 14 (Masila), which will expire on 17 December 2011.

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