http://www.zawya.com/commoditiesen-usCopyright 2012 Zawya Ltd. All rights reserved.Tue, 14 Feb 2012 03:23:00 GMT3114476http://www.zawya.com/commoditieshttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20120214032346/Saudi_ministry_halts_cement_exports The Ministry of Commerce and Industry has stopped export of cement and clinker to meet growing local demand and stabilize prices, its spokesman Ahmed Al-Abdali said.Tue, 14 Feb 2012 06:55:29 GMTArab News ZAWYA20120214032346Openhttp://www.zawya.com/story.cfm/sidZAWYA20120214033649/Irans_NIOC_assets_surpass_200_billionThe National Iranian Oil Company's assets have exceeded $200 billion, according to a report recently released by the Oil Ministry.Tue, 14 Feb 2012 06:47:35 GMTTehran Times ZAWYA20120214033649Openhttp://www.zawya.com/story.cfm/sidZAWYA20120213034219/Steel_output_on_rise_in_IranMore than three million tons of steel ingots were produced by Khuzestan Steel Company during March 21, 2011-Feb. 8, 2012, said the company's managing director.Mon, 13 Feb 2012 07:44:05 GMTIran Daily ZAWYA20120213034219Openhttp://www.zawya.com/story.cfm/sidZAWYA20120213015507/Oil_price_pressures_political_risk_factorsThe global economic crisis has seen the price of oil torn in all directions, as poignantly highlighted by the exceptionally 2008-2009 cycle. The current constellation of market drivers promises another installment of volatility.Mon, 13 Feb 2012 06:14:30 GMTArab News ZAWYA20120213015507Openhttp://www.zawya.com/story.cfm/sidZAWYA20120212035305/Irans_mineral_industrial_exports_up_on_last_yearIran's mineral and industrial exports are up on last years figures and are expected to top $30 billion by the end of this calendar year (March 20), according to the vice president for planning affairs.Sun, 12 Feb 2012 06:47:33 GMTTehran Times ZAWYA20120212035305Openhttp://www.zawya.com/story.cfm/sidZAWYA20120212032400/Fed_chiefs_testimony_inspires_precious_metals_marketsThe testimony from Fed Chairman Ben Bernanke to the Federal Open Market Committee (FOMC) has been the major inspiration for the precious metals market last week.Sun, 12 Feb 2012 05:17:25 GMTEmirates 24|7 ZAWYA20120212032400Openhttp://www.zawya.com/story.cfm/sidZAWYA20120211050456/Jindal_Shadeed_firms_up_plans_for_500m_pelletising_project_at_SoharJindal Shadeed Iron and Steel is targeting a 2015-16 time frame for the launch of a new iron ore pelletising plant as part of its rapidly expanding steel project at the Port of Sohar. Sat, 11 Feb 2012 07:27:34 GMTOman Daily Observer ZAWYA20120211050456Openhttp://www.zawya.com/story.cfm/sidANA20120210T211011ZHZP41/Oil_prices_slide_on_Europe_debt_fearsWorld oil prices dived on Friday as dealers booked profits in the midst of weak Chinese economic data and fresh problems over a Greek bailout deal.Sat, 11 Feb 2012 06:55:04 GMTAFP ANA20120210T211011ZHZP41Openhttp://www.zawya.com/story.cfm/sidZW20120210000121.4/Sanctions_start_to_affect_Irans_oil_shipping_ahead_of_embargoThough a full European embargo on Iran's crude oil won't be in force until mid-year, a ban on new insurance and shipping on Iranian oil is throwing spanners in the trade as shippers join some oil majors in stopping their dealings with Tehran. Sat, 11 Feb 2012 06:22:16 GMTZawya Dow Jones News ZW20120210000121.4Openhttp://www.zawya.com/story.cfm/sidANA20120210T112552ZHXB01/IEA_shaves_oil_demand_forecast_sanguine_on_Iran_sanctionsThe IEA trimmed its forecast for oil demand growth because of gloomy economic prospects, but said on Friday that markets were taking in their stride tougher international sanctions on Iran.Fri, 10 Feb 2012 13:02:27 GMTAFP ANA20120210T112552ZHXB01Openhttp://www.zawya.com/story.cfm/sidZAWYA20120210123549/Platts_Survey_OPEC_pumps_3087_million_barrels_of_crude_oil_per_day_in_JanuaryCrude oil output from the Organization of the Petroleum Exporting Countries (OPEC) rose to 30.87 million barrels per day (b/d) in January from 30.83 million b/d in December. Fri, 10 Feb 2012 12:58:19 GMTPress Release ZAWYA20120210123549Openhttp://www.zawya.com/story.cfm/sidANA20120210T111826ZHXA02/Oil_prices_slide_as_IEA_slashes_demand_forecastWorld oil prices fell sharply on profit-taking Friday after the International Energy Agency slashed its demand forecast and amid delays to a Greek bailout deal, analysts said.Fri, 10 Feb 2012 11:22:51 GMTAFP ANA20120210T111826ZHXA02Openhttp://www.zawya.com/story.cfm/sidANA20120210T090249ZHWN04/IEA_trims_oil_demand_forecast_sanguine_on_Iran_sanctionsThe IEA trimmed its forecast for oil demand growth because of gloomy economic prospects, but said on Friday that markets were taking tougher international sanctions on Iran in their stride.Fri, 10 Feb 2012 10:05:58 GMTAFP ANA20120210T090249ZHWN04Openhttp://www.zawya.com/story.cfm/sidANA20120210T055144ZHWC09/Euro_softens_in_AsiaThe euro softened against major currencies in Asian trade Friday after eurozone finance ministers put off a decision on a new bailout to save Greece from bankruptcy.Fri, 10 Feb 2012 07:13:52 GMTAFP ANA20120210T055144ZHWC09Openhttp://www.zawya.com/story.cfm/sidANA20120210T055724ZHWC26/Oil_prices_lower_on_Greek_debt_concernsOil prices were lower in Asian trade Friday as a bailout deal for debt-strapped Greece was once again delayed, analysts said.Fri, 10 Feb 2012 07:13:21 GMTAFP ANA20120210T055724ZHWC26Openhttp://www.zawya.com/story.cfm/sidANA20120209T124446ZHSZ48/Oil_prices_rise_despite_weak_demand_outlookCrude prices rose on Thursday, with Brent hitting six-month highs in part due to hopes of a Greek debt deal -- helping to offset a slight cut in OPEC's oil demand growth forecast.Thu, 09 Feb 2012 12:48:11 GMTAFP ANA20120209T124446ZHSZ48Openhttp://www.zawya.com/story.cfm/sidANA20120209T113309ZHSR00/OPEC_cuts_2012_oil_demand_forecastThe OPEC oil cartel on Thursday cut its 2012 forecast for growth in global oil demand owing to persistent economic weakness in Europe and the United States, and higher oil prices.Thu, 09 Feb 2012 12:17:46 GMTAFP ANA20120209T113309ZHSR00Openhttp://www.zawya.com/story.cfm/sidANA20120209T080123ZHRV69/S_Korea_oil_refiner_inks_20year_deal_with_Saudi_AramcoSouth Korean oil refiner S-Oil said Thursday it had signed a 20-year supply deal with Saudi state oil giant Aramco, as Seoul tries to secure stable energy sources amid sanctions on Iranian crude. Thu, 09 Feb 2012 08:52:09 GMTAFP ANA20120209T080123ZHRV69Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209044220/SYPUSD_exchange_rate_increases_by_087The SYP/USD opened the week's trade at SYP 57.81and closed at 58.32, recording a 0.087 % rise, while the Euro started off the weekly trading against the SYP at 76.47 and closed at 76.88 with an increase of 0.53 %.Thu, 09 Feb 2012 07:39:40 GMTSANA (Syria Arab News Agency) ZAWYA20120209044220Openhttp://www.zawya.com/story.cfm/sidANA20120209T054634ZHRO24/Crude_prices_higher_in_Asian_tradeCrude prices edged higher in Asian trade Thursday on hopes that protracted talks over a Greek debt deal were set for a conclusion, analysts said.Thu, 09 Feb 2012 07:36:14 GMTAFP ANA20120209T054634ZHRO24Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032529/Saudi_nets_about_25trn_from_oil_sales_in_42_yearsSaudi Arabia has netted a whopping sum of nearly $2.5 trillion from oil exports over the past 42 years and more than half of the income has been earned in the past 11 years, according to official data.Thu, 09 Feb 2012 06:34:32 GMTEmirates 24|7 ZAWYA20120209032529Openhttp://www.zawya.com/story.cfm/sidANA20120208T063027ZHNJ58/Euro_mixed_amid_hopes_for_Greek_debt_dealThe euro inched lower against the dollar in Asian trade Wednesday after gaining ground on hopes for a Greek debt deal, while it strenghthened on the yen after worse-than-expected Japanese economic data.Wed, 08 Feb 2012 13:21:25 GMTAFP ANA20120208T063027ZHNJ58Openhttp://www.zawya.com/story.cfm/sidANA20120208T124109ZHOU94/Oil_prices_rise_furtherCrude oil prices extended gains on Wednesday as traders reacted to a forecast that global demand is set to grow and hopes for a Greek debt deal, analysts said.Wed, 08 Feb 2012 13:05:24 GMTAFP ANA20120208T124109ZHOU94Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208044901/New_ministry_plan_to_combat_rising_prices_in_KSAThe Ministry of Commerce and Industry plans to tackle rising prices by forcing importers to place price tags, which include only a small profit, on their products, before they can receive their government subsidies.Wed, 08 Feb 2012 09:24:26 GMTThe Saudi Gazette ZAWYA20120208044901Openhttp://www.zawya.com/story.cfm/sidANA20120208T054724ZHNH80/Oil_prices_mixed_in_Asian_tradeCrude prices were mixed in Asian trade Wednesday as traders reacted to a forecast that global oil demand is set to grow amid hopes for a Greek debt deal, analysts said.Wed, 08 Feb 2012 08:54:44 GMTAFP ANA20120208T054724ZHNH80Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208030953/Why_buying_gold_in_Dubai_will_be_like_going_to_the_groceryGold and diamond jewellery retailers are now opening small kiosks to cater to busy customers and tourists. Taking a cue from supermarket chains that have opened their miniature versions, BRR Jewellery, a relatively new entrant into the retail gold jewellery business in Dubai, has started what it calls BRR Gold Express to sell gold to people on the go.Wed, 08 Feb 2012 07:14:01 GMTEmirates 24|7 ZAWYA20120208030953Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208033800/Iran_to_start_producing_premium_gas_oil_next_monthProducing high quality gas oil, meeting the Euro-5 standards, will start next month at the Tehran refinery, the National Iranian Oil Production and Distribution Company's managing director said on Tuesday.Wed, 08 Feb 2012 06:38:45 GMTTehran Times ZAWYA20120208033800Openhttp://www.zawya.com/story.cfm/sidANA20120208T030302ZHND67/Oil_higher_on_hopes_of_stronger_demand_Greek_dealCrude prices were higher in Asian trade Wednesday as traders reacted to a forecast that global oil demand is set to grow and hopes of a Greek debt deal, analysts said.Wed, 08 Feb 2012 05:17:08 GMTAFP ANA20120208T030302ZHND67Openhttp://www.zawya.com/story.cfm/sidANA20120208T033218ZHNE72/Euro_holds_steady_on_hopes_for_Greek_debt_dealThe euro held steady in Asia on Wednesday after gaining ground on hopes for a deal on Greek debt restructuring while the yen edged down after worse-than-expected economic data from Japan.Wed, 08 Feb 2012 05:16:40 GMTAFP ANA20120208T033218ZHNE72Open