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Spain's economy grows at fastest quarterly rate since 2007

Jul 31, 2014 at 01:52 | Source: BBC

The Spanish economy grew at its fastest pace over the last three months since the end of 2007, according to Spain's statistics office. But falling prices show the country is facing a deflation threat after it emerged from a two year recession la...

China imposes airline-like restrictions on bus passengers in Xinjiang capital

Jul 26, 2014 at 03:15 | Source: FirstPost

BEIJING (Reuters) - China has banned bus passengers in the capital of western Xinjiang region from carrying items ranging from cigarette lighters to yogurt, state media said on Friday, in the latest effort by authorities to prevent violent attacks.Th...

WTI Crude Falls to 1-Week Low on Rising U.S. Fuel Supply

Jul 25, 2014 at 19:59 | Source: Bloomberg

West Texas Intermediate crude fell to a one-week low on speculation that increasing U.S. fuel inventories will prompt refineries to reduce processing rates. Brent oil was steady as fighting continued in eastern Ukraine. U.S. gasoline supplies rose to...

WTI Crude Declines After U.S. Gasoline Supplies Rise

Jul 24, 2014 at 16:00 | Source: Bloomberg

West Texas Intermediate swung between gains and losses after U.S. government data showed crude supplies at the delivery point for New York contracts shrank to the lowest level since 2008. Brent was steady in London. Futures were little changed in New...

Typhoon Rammasun shuts down Phillipine capital, four dead

Jul 16, 2014 at 10:57 | Source: FirstPost

Manila: Typhoon Rammasun shut down the Philippine capital on Wednesday as authorities said the first major storm of the country's brutal rainy season claimed at least four lives and forced hundreds of thousands to evacuate.Wind gusts of up to 250 kil...

WTI Set for Third Weekly Drop as Supply Risks Ease

Jul 11, 2014 at 12:00 | Source: Bloomberg

West Texas Intermediate headed for a third weekly drop as Libya boosted its crude output and gasoline stockpiles expanded in the U.S., the world's biggest oil consumer. Brent was steady in London. Futures were little changed in New York and p...

WTI Set for Third Weekly Drop as Supply Risks Ease

Jul 11, 2014 at 12:00 | Source: Business Week

West Texas Intermediate headed for a third weekly drop as Libya boosted its crude output and gasoline stockpiles expanded in the U.S., the world's biggest oil consumer. Brent was steady in London. Futures were little changed in New York and p...

WTI Set for Third Weekly Drop as Supply Risks Ease; Brent Steady

Jul 11, 2014 at 08:00 | Source: Bloomberg

West Texas Intermediate headed for a third weekly drop as Libya boosted its crude output and gasoline stockpiles expanded in the U.S., the world's biggest oil consumer. Brent was steady in London. Futures were little changed in New York and p...

WTI Set for Third Weekly Drop as Supply Risks Ease; Brent Steady

Jul 11, 2014 at 08:00 | Source: Business Week

West Texas Intermediate headed for a third weekly drop as Libya boosted its crude output and gasoline stockpiles expanded in the U.S., the world's biggest oil consumer. Brent was steady in London. Futures were little changed in New York and p...

WTI Crude Oil Has Record Long Slump as Supplies Expand

Jul 10, 2014 at 15:59 | Source: Bloomberg

West Texas Intermediate crude headed for a record-long slump as government data showed an expansion in supplies where the oil is stored and demand for gasoline weakened. Brent, Europe's benchmark, slid in London. Futures declined as much as 0...

WTI Falls in Record Losing Run on Gasoline Supplies; Brent Drops

Jul 10, 2014 at 10:01 | Source: Bloomberg

West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world's biggest oil user. Brent dropped in London. Futures declined as...

WTI Falls in Record Losing Run on Gasoline Supplies; Brent Drops

Jul 10, 2014 at 10:01 | Source: Business Week

West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world's biggest oil user. Brent dropped in London. Futures declined as...

Egyptian Premier Defends Decision to Increase Fuel Prices

Jul 06, 2014 at 03:52 | Source: Bloomberg

Egypt's premier defended gasoline-price increases of as much as 78 percent as necessary to fix an ailing economy and strike at a subsidy system past administrations have avoided to escape public backlash. The increase, which also affects othe...

Egyptian Premier Defends Decision to Increase Fuel Prices

Jul 06, 2014 at 03:52 | Source: Business Week

Egypt's premier defended gasoline-price increases of as much as 78 percent as necessary to fix an ailing economy and strike at a subsidy system past administrations have avoided to escape public backlash. The increase, which also affects othe...

Egypt Raises Fuel Prices by as Much as 78% to Aid Budget

Jul 06, 2014 at 02:00 | Source: Bloomberg

Egypt raised gasoline prices as much as 78 percent in a step the government defended as necessary to fix an ailing economy and strike at a subsidy system past administrations have avoided to escape public backlash. The increase, which also affects ...

Egypt Raises Energy Prices by as Much as 78% to Cut Spending

Jul 05, 2014 at 18:01 | Source: Bloomberg

Egypt cut fuel subsidies to raise prices at the pump by as much as 78 percent, a move resisted by previous governments amid fears of public backlash. The increase, which affects the price of refined fuels including gasoline, diesel and natural gas, w...

Egypt Raises Energy Prices by as Much as 78% to Cut Spending

Jul 05, 2014 at 18:00 | Source: Business Week

Egypt cut fuel subsidies to raise prices at the pump by as much as 78 percent, a move resisted by previous governments amid fears of public backlash. The increase, which affects the price of refined fuels including gasoline, diesel and natural gas, w...

Sri Lanka accused of turning blind eye to violence

Jul 05, 2014 at 12:01 | Source: Business Week

ALUTHGAMA, Sri Lanka (AP) — The attackers stormed in close to midnight, tearing through town with gasoline bombs and clubs before carting away piles of cash and jewelry they stole from Muslim families in this tiny corner of Sri Lanka. The onslaught...

State refiners import petrol on refinery outages - sources

Jul 02, 2014 at 23:45 | Source: FirstPost

NEW DELHI (Reuters) - State-refiners have taken the unusual step of importing petrol as maintenance outages at some plants have created shortages of refined products in a number of regions, industry sources said.Hindustan Petroleum Corp Ltd (HPCL) (H...

U.S. DOE Weekly Petroleum Status Report for June 27 (Text)

Jul 02, 2014 at 22:01 | Source: Bloomberg

U.S. crude oil refinery inputs averaged over 16.2 million barrels per day during the week ending June 27, 2014, 546,000 barrels per day more than the previous week's average. Refineries operated at 91.45% of their operable capacity last week....

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