Gas ($1.25 / MBTU)
2- Ethane ($1.57 / MBTU)
3- Propane (0.80 * average previous-month-price of a ton of Propane in Japan subtract shipping and insurance price from Ras Tanourah to Japan)
4- Butane (0.80 * average previous-month-price of a ton of (...)
Gas ($1.25 / MBTU)
2- Ethane ($1.57 / MBTU)
3- Propane (0.80 * average previous-month-price of a ton of Propane in Japan subtract shipping and insurance price from Ras Tanourah to Japan)
4- Butane (0.80 * average previous-month-price of a ton of (...)
such as renewables and natural gas. This is because price
instability undermines the viability of energy policies - of both producers
and consumers - that are aimed at increasing the share of renewables in the
energy mix, and enhancing energy (...)
Marlink, the global provider of maritime satellite communications, has teamed up with Red Sea Marine Services (RSMS), the Jeddah based ship management company working closely with the Al-Bakri Group of companies.
RSMS provides a wide range of (...)
Gold futures slumped to start the week, as traders cashed out of the perceived refuge asset to cover losses in other markets as Europe's debt crisis seemed poised to take a turn for the worse.
The most actively traded gold contract, for December (...)
bred and imported sheep in Jeddah has gone up by over 50 percent with the approaching summer holidays and Ramadan, traders say.
Cattle trader Awwadh Al-Rasheedi said the rise in sheep prices was due to the increased costs of barley and that (...)
month high Friday, threatened US economic gains just after the government said the US unemployment rate fell to 8.9 percent in February.
The Labor Department said the economy added 192,000 jobs last month. That suggests more people will be driving (...)
$80 per barrel is an appropriate price for oil: because it encourages additional supply without damaging consumers.
Ladies and gentlemen, after a period of turmoil and economic downturn, recovery is well underway in most parts of the world, (...)
time highs and silver hit the highest level for 30 years during a shortened trading week as commodities ended a record-breaking year in rampant style.
It has been a remarkable 2010 for trading of raw materials, with gold futures also striking a (...)
made clothes will increase by 50 percent at the start of the new Hijri year (Dec. 7) as exporting countries raised costs and also due to new customs regulations introduced recently in the Kingdom.
There will initially be a 20 percent price rise (...)
party car insurance for private cars has dropped by more than 20 percent in the past two days, from SR350 to SR275, and has led to overcrowding at offices of companies offering new premiums.
The reduction indicates that a price war is about to (...)
0.9
Real oil GDP 6.2 -0.8 0.5 4.8 -10.3
Real non-oil GDP 5.2 5.1 4.7 4.3 3.3
Nominal GDP (in billions of U.S. dollars) 316 357 384 469 377
Consumer price index 0.6 2.3 4.1 9.9 4.5
Fiscal and Financial variables (In percent of GDP)
Central (...)
Retirees in Jeddah are to get their own designated areas in parks and public gardens to spend their leisure time away from the noise and pollution of the inner city, the mayoralty in Jeddah has announced.
According to Zahra Al-Mu'bi, head of the (...)
month highs, Saudi Oil Minister Ali-Naimi suggested Wednesday that OPEC will opt to keep production steady at its upcoming meeting.
Even before he spoke, the recent jump in oil prices was working against OPEC members advocating for even costlier (...)
price environment, the trend is often to focus on survival instead of expansion. If we place a low priority on preparing for the future, that lack of action can come back to haunt us through supply shortages and another round of high (...)
fundamental factors, such as the flow fo speculative investments into commodities.
Today we meet in London at the opposite end of the price spectrum; the price of oil has plummeted by more than $100 to under $50 per barrel in just a few months. (...)
made medical drugs.
He explained that the Ministry is currently implementing a project to develop primary health care into family medicine and community, universally known as family doctor instead of Primary health care under the slogan (Family (...)
taking Friday, a day after hitting an all-time high of $111 per barrel because of a sliding dollar and choppy world stock markets, traders said.
New York's main oil contract, light sweet crude for delivery in April, shed 50 cents to $109.83 per (...)
prime home loans.
The disruptions have reverberated around the world as banks have reduced lending and raised credit standards, leading to tighter credit markets.
Johnson told reporters that difficulties in the U.S. financial sector have impacted (...)
LIVED IF THE BACKDROP OF ROCKY WORLD POLITICS REMAINS A THREAT TO RELIABLE ENERGY SUPPLY.
AROUND A QUARTER OF OPEC PRODUCER NIGERIA'S PRODUCTION REMAINED SHUT IN BECAUSE OF MILITANT UNREST, AND THE DISPUTE BETWEEN IRAN, THE WORLD'S FOURTH LARGEST (...)
year high and silver set a 23-year peak Tuesday.
"The ultimate deterrent for the oil market is when the price becomes too expensive for people to fill their tanks," said Ian Henderson, fund manager at JP Morgan Fleming.
"I think they will continue (...)
PAID INDEX FELL TO 60.5 IN MARCH FROM 64.8 IN FEBRUARY, WHILE THE JOBS COMPONENT FELL TO 54.6 FROM 58.2, AND NEW ORDERS ROSE TO 59.5 FROM 56.2.
'THE MARKET WAS LOOKING FOR CONFIRMATION THAT THERE MIGHT BE A BROAD SLOWING OF THE ECONOMY UNDER WAY, (...)
chip losers, Centrica fell 3.5 percent after posting a record annual profit but warning of tough year ahead.
On the upside, Thomson led gainers with a 5.9 percent rise after its core earnings beat expectations and the company predicted a return to (...)