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Saudi Aramco Cuts Heavy, Medium Oil Supplies to Asia (Update1)

Published July 9, 2009, 3:15 am, Bloomberg

July 9 (Bloomberg) -- Saudi Aramco, the world’s largest state-owned oil company, deepened cuts in supplies of its Arab Heavy and Medium oil grades sold under term contracts to Asia in August, refinery officials said.

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Yesterday in Brief for July 9, 2009

Published July 9, 2009, 12:36 am, Interfax

Digest of headline news from July 8 to 11:30 a.m. Moscow time on July 9: BUSINESS & FINANCE *** RUSSIAN SHARE PRICES UP AS OIL STARTS CLIMBING Russian share prices rose when trading began on Thursday as oil prices suddenly corrected after yesterday's drop.

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(AFX UK Focus) 2009-07-09 06:41 South African Markets - Factors to watch on July 9

Published July 8, 2009, 11:07 pm, Interactive Investor

JOHANNESBURG, July 9 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.

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Plastics from silage – modern alchemy Austrian style

Published July 6, 2009, 4:49 am, Plastics and Rubber Weekly

A €3.2m bio-refinery that opened recently in Austria is claimed to be the first worldwide to convert silage – fermented high-moisture grass more typically used as cattle feed – into chemicals that can be used to produce plastics.

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TRIS Rating Assigns Company Rating to “BCP” at “BBB+/Stable”

Published July 6, 2009, 2:51 am, Tivarati.com

อินโฟเควสท์--TRIS Rating Co., Ltd. has assigned the company rating to The Bangchak Petroleum PLC (BCP) at “BBB+” with “stable” outlook. The rating reflects BCP’s s

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Iran Is Poised to Increase Price of Light Crude Oil (Update1)

Published July 5, 2009, 9:45 pm, Bloomberg

July 6 (Bloomberg) -- National Iranian Oil Co. is poised to increase the official selling price for its main Iranian Light crude oil to Asia in August to the highest in 13 months after Saudi Arabia raised prices yesterday.

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International Forecaster July 2009 (#1) - Gold, Silver, Economy + More

Published July 5, 2009, 9:36 pm, GoldSeek.com

The following are some snippets from the most recent issue of the International Forecaster. For the full 23 page issue, please see subscription information below.

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UPDATE: Asian Shares Mostly Fall; Kospi Up On Samsung Elec

Published July 5, 2009, 8:08 pm, The Forex Market

SINGAPORE (Dow Jones)--Asian shares were mostly lower Monday in quiet trade after a U.S. holiday Friday, with some caution creeping in as the U.S. corporate earnings season drew closer.

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C. Shivkumar

Published July 5, 2009, 11:35 am, The Hindu

Bonds rallied and yields softened as banks and financial institutions extended their purchases ahead of the Budget. The rally was largely triggered by the belief that the Government's borrowings for the current year are unlikely to exceed Rs 3.62 lakh crore as estimated in the interim Budget.

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Quebec firm tries to turn trash into cash

Published July 4, 2009, 4:50 am, Canada.com

The tour ended in a century-old building stuffed with gauges, heat-exchangers, compressors, catalytic reactors, motors, and at least one large engine purchased on eBay then reconditioned. Despite the collection's thrown-together look, the bits and pieces in fact create a refinery built fo

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