Australian inflation increases 0.5% in December

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Source: Marketwatch
Australia's inflation increased 0.5% last month as compared to 0.1% decline in the preceding month, reported TD Securities. Considering annuals moves, the inflation rate faced 2.4% increase in December, rising from 2.1% in November.
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Mon, 16 Jan 2012 07:59:16 GMT

Iran: no increase in oil output among Gulf nations

Iran warned Gulf countries against increasing their oil output claiming they will have to take responsibility of such moves. The announcement came after the US and the EU started to seek ways to cut the Iranian crude oil exports. The neighbor countries should not support the EU and the US, said Mohammad Ali Khatibi. Any moves taken by Gulf nations

Mon, 16 Jan 2012 07:58:31 GMT

Natural gas tumbled on Friday

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