“Colour me bright” won’t just be a phrase this summer courtesy Bold Solids from 109°F. It’s time to look ahead and step out in a lively, bold spirit as fierce colours continue to rule the catwalks and sidewalks ...
Tags: Apparel, international trends in
India and Iraq have expressed keen interest in setting up refineries and petrochemical plants in Iraq. According to an official statement issued in New Delhi, Union Minister for Petroleum and Natural Gas M Veerappa Moily led a ...
Tags: Petrochemical Plants, Textile
OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil
The premium of second-month cash Brent to front-month cash Dubai widened to $4.08/barrel Tuesday, the first time the spread has breached $4/b since early-March as a combination of a rising Brent complex and lower fuel oil cracks have ...
US commercial crude stocks fell 9.87 million barrels to 373.92 million barrels for the reporting week ended July 5, Energy Information Administration data showed Wednesday. The latest decline marks the sharpest two-week draw in US crude ...
Tags: Crude Stocks, Crude imports
According to the data provided by the Turkish Statistical Institute (TUIK), in May this year Turkey's total wire rod exports amounted to 64,523 metric tons, falling 12.3 percent month on month and down 44.6 percent compared to May 2012, ...
Tags: Wire Rod
Ukrainian steel pipe and wheel producer Interpipe has announced the putting in place of a local support team to work on the ground in the southern Iraqi city of Basra following the receipt of approval from South Oil Company (SOC), one of ...
According to the data provided by the Turkish Statistical Institute (TUIK), in May this year Turkey's rebar (including round bar) exports amounted to 749,927 metric tons, increasing by one percent year on year and up 3.3 percent from the ...
Tags: Rebar Exports, Mineral
According to the statistics provided by the Turkish Steel Pipe Manufacturers Association (CEBID), in the first half of this year Turkey's steel pipe exports maintained its uptrend on a limited scale against the backdrop of the sluggish ...
Tags: Steel Pipe, Mineral
The leaders of the world's leading gas exporting nations are due to meet in Moscow Monday for the second summit of the Gas Exporting Countries Forum to discuss the future of the gas market amid uncertainties over the supply and demand ...
Tags: Gas Exporting
Crude oil futures settled slightly higher Tuesday as a pipeline shutdown in Alberta, Canada, and escalating tensions in the Middle East lent the complex a bullish note, amid rising equities markets. NYMEX August crude settled 14 cents ...
Tags: Crude Futures, Crude oil
Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy
OPEC's role in supplying global oil markets has not been diminished by the surge in oil production in the United States, though trade patterns willshift as a result of the shale boom in North America, the head of the International Energy ...
Global oil prices are unlikely to drop below $100/b until 2025, supported by OPEC's market management efforts and crude demand growth in Asia, Leonid Fedun, vice president of Lukoil said Tuesday, presenting key findings of the company's ...
Tags: Oil Prices, OPEC's market
The US saw its biggest ever yearly rise in oil production last year as its booming shale oil industry continues to transform the global oil market, BP said Wednesday. At the same time, global proven oil reserves continue to grow and are ...