Oil rises, Mideast tension offsets Saudi pledge

June 22, 2008 on 11:17 pm | In Business News | No Comments

PERTH (Reuters) - Oil rose 30 cents on Monday as escalating tensions between Israel and Iran countered the impact of Saudi Arabia’s promise to pump more oil and a vow by Nigerian militants to halt attacks on oil facilities in the delta.

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Oil rises, Mideast tension offsets Saudi pledge

Asian stocks tumble

June 22, 2008 on 10:29 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks tumbled to multi-month lows on Monday amid fears that more bad news could be lurking in the global financial sector, but oil prices held steady above $135 a barrel after Saudi Arabia said it was ready to increase output.

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Asian stocks tumble

Oil dips on Saudi assurances, Nigeria ceasefire

June 22, 2008 on 8:38 pm | In Business News | No Comments

PERTH (Reuters) - Oil was slightly lower on Monday after Saudi Arabia said it was ready to increase oil output capacity and Nigerian militants announced a unilateral ceasefire, with Middle East tensions putting a floor under the price.

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Oil dips on Saudi assurances, Nigeria ceasefire

Property asking prices up 0.1 percent

June 22, 2008 on 7:12 pm | In Business News | No Comments

LONDON (Reuters) - Asking prices for homes in England and Wales stood 0.1 percent higher on a year ago in June, with the rate of …

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Property asking prices up 0.1 percent

AMEC shortlisted for UAE nuclear project

June 22, 2008 on 8:36 am | In Business News | No Comments

LONDON (Reuters) - Engineer and project manager AMEC Plc has been shortlisted to manage a big nuclear programme in the United Arab Emirates.

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AMEC shortlisted for UAE nuclear project

Halliburton quits Expro fight

June 22, 2008 on 8:06 am | In Business News | No Comments

LONDON (Reuters) - U.S. oil services firm Halliburton said it has ended talks to buy UK rival Expro after its target refused to open an auction and opted for a 1.8 billion pound rival bid.

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Halliburton quits Expro fight

Brown to open energy markets to overseas investors

June 22, 2008 on 8:01 am | In Business News | No Comments

JEDDAH, Saudia Arabia (Reuters) - Prime Minister Gordon Brown pledged on Sunday to open Britain’s energy markets to foreign investors in a “new deal” designed to promote clean energy and end a conflict of interest between oil producers and consumers.

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Brown to open energy markets to overseas investors

Darling urges pay restraint

June 22, 2008 on 5:19 am | In Business News | No Comments

LONDON (Reuters) - Chancellor Alistair Darling called on Sunday for pay awards to be kept in check to ensure they did not add to inflationary pressure in the UK economy.

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Darling urges pay restraint

Brown to open energy markets

June 22, 2008 on 5:08 am | In Business News | No Comments

JEDDAH, Saudi Arabia (Reuters) - Prime Minister Gordon Brown will pledge on Sunday to open energy markets to foreign investors in a “new deal” designed to end the conflict of interest between oil producers and consumers.

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Brown to open energy markets

Oil powers seek tonic to record prices in Jeddah

June 22, 2008 on 3:54 am | In Business News | No Comments

JEDDAH, Saudi Arabia (Reuters) - The world’s top energy policy makers meet in this Red Sea city on Sunday for emergency talks on halting oil’s unrelenting rally, but divided views over the cause of recent gains emerged early.

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Oil powers seek tonic to record prices in Jeddah

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