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Wed, 07 Jan 2009 | 17:29 GMT
 
Top Commodities News

  • Oil prices firm before US energy report


    Oil prices recovered some lost ground on Wednesday as traders awaited the latest weekly snapshot of US energy stocks, a key indicator for the market. AFP - 07Jan 13:26GMT
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  • Oil prices slip before US energy report


    Oil prices fell Wednesday on profit-taking as traders awaited the latest weekly snapshot of crude inventories in key energy consumer the United States. AFP - 07Jan 10:30GMT
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  • Oil Prices Mixed In Asian Trade


    Oil prices were mixed in Asian trade Wednesday after recent rallies, analysts said. New York's main futures contract, light sweet crude for February delivery, was down one cent to 48.57 dollars a barrel, after falling 23 cents to 48.58 at the close of trading Tuesday on the New York Mercantile Exchange. AFP - 07Jan 04:39GMT
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  • UAE MoE strengthens co-ordination with suppliers to reduce prices


    The UAE Ministry of Economy will strengthen its co-ordination with the suppliers of various essential commodities to ensure that the prices are reduced, as and where possible, and in line with international trends, said H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy. Press Release - 06Jan 12:02GMT
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  • Oil prices rally above 50 dollars as gas row escalates


    Oil prices rose back above 50 dollars here on Tuesday as the energy market was shaken by disruptions to gas supplies across Europe, already troubled by a cold snap. AFP - 06Jan 10:40GMT
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  • DGCX Achieves Record Growth In 2008


    The exchange recorded 26% year-on-year growth with 1.14 million contracts, valued at US $57.5 billion, traded in 2008. Average daily volume touched just over 4,500 contracts in 2008, an increase of 28% compared with 2007. Press Release - 06Jan 10:38GMT
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  • Kuwaiti crude up, above USD 42 mark


    Kuwaiti crude per barrel made a good up of USD 2.79 Monday to reach USD 42.02, said Kuwait Petroleum Corporation Tuesday. KUNA (Kuwait News Agency) - 06Jan 08:15GMT
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  • Oil Prices Fall In Asia After Monday Rally


    World oil prices fell in Asian trade on Tuesday after rising sharply the previous day amid an intensification of Israel's conflict with Hamas, analysts said. AFP - 06Jan 04:28GMT
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  • Oil Prices Rise As OPEC 'Eyes' Special Meeting


    Oil prices rose back above 47 dollars on Monday as the Israeli-Palestinian conflict raged on and major crude producer Iran said OPEC would hold a special meeting next month. AFP - 05Jan 13:34GMT
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  • VideoSaudi ARAMCO To Raise Crude Oil Selling Prices


    (Arabic) Saudi Arabian Oil -ARAMCO- has increased its official crude oil selling prices to USA and Asia. Al-Arabiya - 05Jan 10:18GMT
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Jeffrey Rhodes, CEO at International Assets in Dubai, discusses possible scenarios for gold this year.
Dubai Eye - 06 Jan 2009

 
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Market Metrics
Gold $/oz 
845.20
Silver $/oz 
11.02
Platinum $/oz 
985.70
Palladium $/oz 
192.55
Gold $/oz
XAU=X
Bid 845.20
Ask 845.20
Pct Change
 - 2.33%
Net Change
 - 20.20
YTD Change
 - 4.35%
» Charting 16:45 GMT 07Jan
Silver $/oz
XAG=X
Bid 11.02
Ask 11.02
Pct Change
 - 3.50%
Net Change
 - 0.40
YTD Change
 - 2.22%
» Charting 17:15 GMT 07Jan
Platinum $/oz
XPT=X
Bid 985.70
Ask 985.70
Pct Change
+ 2.37%
Net Change
+ 22.80
YTD Change
+ 5.29%
» Charting 17:15 GMT 07Jan
Palladium $/oz
XPD=X
Bid 192.55
Ask 192.55
Pct Change
+ 3.24%
Net Change
+ 6.05
YTD Change
+ 2.04%
» Charting 19:25 GMT 06Jan
 
 
Zawya Select
ZawyaSelect
Qatar
High Price
Prices of essentials, mainly food items of daily use, remain high in the country much to the discomfort of the common man despite the fact that local inflationary pressure is easing due to the global recession.
 

 
Oil In 2009
Oil prices, which hit record highs above $147 this year before plunging under $33, risk slumping more in 2009 as recession curbs the world's appetite for energy.
 

 
Oil & Gas
OECD's Squeeze
World demand for oil will end the year at an average of 85.83 million barrels per day (bpd), a year-on-year decline of 700,000 bpd, according to figures from Organisation of Petroleum Exporting Countries (Opec).
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Nafais Holding Kuwait 291
2 Saudi Printing and Packaging Company Saudi Arabia 249
3 Privatization Holding Company Kuwait 223
4 Arab International Company for Education and Investment Jordan 216
5 Suez Canal Company For Technology Settling Egypt 189
» View Full List
 
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