Browse related articlesCrude oil price fall continues
Middle East: Sunday, November 16 - 2008 at 10:36
The Chicago Board of Options Exchange is now seeing business in $30 a barrel (Dhs110.22), or options to sell oil at $30. Brent, against which 60% of the world's crude is priced, is now $53.85, while the Dubai Mercantile Exchange's Oman futures contract, which the previous week stood at $56.17 for the OSP, now sits at $48.30, anticipating a Far East economic slowdown from reductions in exports to Western consuming nations.
See Also
Also consider reading:
- » UAE output may fall 2.43m bpd
- » Opec may meet before December 17
- » Oil prices hit 20-month low
- » IAE to slash oil demand forecast
- » Gas giants to discuss cooperation
- » Dana Gas posts Q3 profits
- » Oil produces research IT strategies
- » Bahrain's refinery output increases
- » Abu Dhabi to discuss cooperation with Total
- » Pirates hijack Saudi tanker
Facebook
LinkedIn
Digg
StaffSunday, November 16 - 2008 at 10:36 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds