Tuesday May 13, 2008
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Latest Israel Mideast Oil News

  • » Do we need more oil? 13 May 2008 11:53 GMT
    ... Record oil prices and a slowdown in advanced economies ... demand despite growth in China and the Middle East, the IEA forecast on Tuesday, saying stockpiling ...

  • Enodis says adjusted pretax profit up 6 percent 13 May 2008 11:31 GMT
    ... Coca-Cola says its ties to Olympic Games are ... over. As President Bush returns to the Middle East the prospects for peace look dim with ... were willing to take on risk as oil prices fell for the first time in ...

  • US dollar mostly higher, gold down in European morning trading 13 May 2008 11:31 GMT
    ... Coca-Cola says its ties to Olympic Games are ... over. As President Bush returns to the Middle East the prospects for peace look dim with ... were willing to take on risk as oil prices fell for the first time in ...

  • Oil exporter Norway's greenhouse gas emissions hit record high 13 May 2008 11:31 GMT
    ... Coca-Cola says its ties to Olympic Games are ... over. As President Bush returns to the Middle East the prospects for peace look dim with ... were willing to take on risk as oil prices fell for the first time in ...

  • Terra Firma set to cut more EMI jobs 13 May 2008 11:31 GMT
    ... Coca-Cola says its ties to Olympic Games are ... over. As President Bush returns to the Middle East the prospects for peace look dim with ... were willing to take on risk as oil prices fell for the first time in ...

  • Emirates Group posts new record profits 13 May 2008 11:30 GMT
    ... to send requests to all PR contacts. The Emirates ... notching a new profit record despite soaring oil prices and challenging business conditions in the ... for Emirates by the boom in the Middle East, especially the thriving travel industry of tourism ...

  • Oil falls below $124 after IEA demand downgrade 13 May 2008 11:15 GMT
    ... LONDON (Reuters) - Oil fell below $124 a barrel on Tuesday ... emerging countries led by China and the Middle East remained strong. But investors wondered how long ...

  • Bush to Visit Mideast 13 May 2008 11:10 GMT
    ... President George W. Bush President George W. Bush heads to the Middle East Tuesday where he will continue pushing for ... to Washington, Mr. Bush will travel to oil-rich Saudi Arabia for discussions with King Abdullah ...

  • Bush heads back to Mideast amid fading peace hopes 13 May 2008 10:52 GMT
    ... President George W. Bush heads back to the Middle East on Tuesday facing broad skepticism over his ... coax King Abdullah to help curb record oil prices, an appeal likely to fall on ...

  • A rallying greenback? Welcome news beyond U.S. borders 13 May 2008 10:52 GMT
    ... May 13, 2008 at 6:00 AM EDT A funny ... created a mess for a clutch of oil-rich Middle East countries, including Saudi Arabia, Qatar and the ...

  • China threat. What threat? 13 May 2008 10:52 GMT
    ... By Henry Rosemont China's unprecedented industrial growth over the ... Kaplan issued the dire warning that "The Middle East is just a blip. The American military ... order to keep sea lanes secure for oil deliveries necessary for the economy. It would ...

  • Just blame it on China and India 13 May 2008 10:52 GMT
    ... Just blame it on China and India By Sreeram ... because of the increased input costs of oil, petrol, diesel, kerosene and fertilizers. To what ... what extent is American destabilization of the Middle East, especially the crippling war on Iraq, a ...

  • IEA cuts world oil demand forecast, may trim more 13 May 2008 10:51 GMT
    ... World oil demand will rise less than expected in ... in 2008, led by China and the Middle East, said the IEA. Weaker oil demand growth ...

  • COMMENTARY: Biofuel Production Causing Ecological Damage, Food Shortages 13 May 2008 10:51 GMT
    ... COMMENTARY: Biofuel Production Causing Ecological Damage, Food Shortages ... Ecological Damage, Food Shortages By Christopher Calder Oil price increases have not shrunk the human ... Colorado shale alone than in the entire Middle East before drilling began in 1908. Making hydrogen ...

  • U.S. Indicts Top International Arms Dealer for Conspiracy to Kill Americans, Terrorism 13 May 2008 10:51 GMT
    ... U.S. Indicts Top International Arms Dealer for Conspiracy to ... world, including Africa, South America and the Middle East. In 2004, as a result of his ... especially with the task of protecting Colombia's oil fields and facilities As described in the ...

  • COMMENTARY: The Alcohol Cure 13 May 2008 10:51 GMT
    ... By Clifford D. May Scripps Howard News Service "We ... not have the harmful environmental impact that oil spills bring. Were America to lead, the ... of the money now going to the Middle East would instead go to the United States ...

  • COMMENTARY: The Country Built by American Consumption 13 May 2008 10:51 GMT
    ... May 18, 2007 COMMENTARY: The Country Built by American ... this “The Country Built By American Consumption.” Oil-rich Dubai, one of the seven United Arab ... desert. Like so many other oil wealthy Middle East countries, Dubai spends all of its oil ...

  • JSE weaker on metal prices  13 May 2008 10:16 GMT
    ... STOCKS opened weaker on today, led south by miners ... gold and platinum are coming off the boil and the rand is quite firm on ... The London-based Financial Times reported today that Middle East-based telecoms firm Etisalat is interested in MTN, ...

  • Oil below $124 after IEA demand downgrade 13 May 2008 10:16 GMT
    ... Oil below $124 after IEA demand downgrade Oil ... emerging countries led by China and the Middle East remained strong. But investors wondered if that ...

  • IMF warns Gulf of inflation threat 13 May 2008 10:15 GMT
    ... BRIGHT FUTURE: According to the IMF, rising prices are ... report on Regional Economic Outlook for the Middle East and Central Asia, the IMF said that ... their strong performance as emerging markets, with oil-exporting countries seeing growth pick up to 6.25%. ...

  • Gulf inflation to climb 3% this year 13 May 2008 10:15 GMT
    ... Gulf inflation to climb 3% this year INFLATIONARY PRESSURE: ... Inflation is a key challenge across the oil-exporting region, where governments which link their currencies ... to January to 9.5%. (Reuters) TOP IN MIDDLE EAST POLITICS & ECONOMICS ...

  • Inflation threat seen as limited to food, energy 13 May 2008 09:57 GMT
    ... In the past, consumers often dealt with higher fuel and ... warned yesterday that central bankers in the Middle East and Central Asia aren't doing enough to ... to contain inflation. The IMF noted that oil-exporting countries with currencies tied to the U.S. ...

  • Bush tempers upbeat optimism about Mideast peace 13 May 2008 09:57 GMT
    ... a year. As the president prepares a Mideast trip this week, his second in four ... director of George Washington University's Institute for Middle East Studies. In November, when Bush convened nearly ... will bring up the effect that high oil prices are having on the U.S. and ...

  • White House Press Briefing by Dana Perino - May 12, 2008 13 May 2008 09:57 GMT
    ... By admin - Posted on May 13th, 2008 May ... be used as a pawn in the Middle East, and that for the future of the ... to do to moderate the price of oil -- MS. PERINO: I think that -- ...

  • If you can't beat the price of oil, invest in it 13 May 2008 09:56 GMT
    ... Motorists zoom past a Petro-Canada station in Toronto ... in April. Money managers recommend investing in oil producers like Petro-Canada that don’t hedge their ... by a hurricane or disruption in the Middle East, it’s likely oil prices will remain high. ...


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