SINGAPORE (Commodity Online) : World oil prices remained near $82 a barrel in Asian trade Wednesday after rebounding from heavy losses overnight.

ISTANBUL (Commodity Online) : Gas rich Iran on Tuesday signed an agreement with Pakistan on Iran-Pakistan gas pipeline project here.

KHARTOUM (Commodity Online) : War-torn North African nation Sudan failed yet again to conduct a full audit into the accuracy of their oil production data.

VIENNA (Commodity Online): Oil cartel, Organization of the Petroleum Exporting Countries (OPEC) has decided to keep oil production quota unchanged in its meeting today in Vienna.

LONDON (Commodity Online) With used carbon credits finding a way back to the market, UN backed carbon credits grounded to a halt on Tuesday with exchange prices plummeting to EUR 1.00/tonne of CO2.