Oil prices slipped on Wednesday as crude demand remained subdued on the back of refinery closures following …
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forex news
Oil prices fall further as Libyan field resumes production
by Yomna Yasserby Yomna YasserOil prices slipped further in Asian trading on Tuesday following a recovery in output at Libya’s largest …
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forex news
Oil rises on firm short-term demand outlook, overall market still weak
by Yomna Yasserby Yomna YasserOil prices edged up on Tuesday, lifted in part by a strong demand outlook for the coming …
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forex news
Oil prices jump as market expects extended production cut
by Yomna Yasserby Yomna YasserOil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening …
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Oil prices rose on Friday, posting a second week of gains on growing expectations that OPEC and …
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forex news
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
by Yomna Yasserby Yomna YasserOil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest …
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Egypt News
Sisi attends inauguration of production of Egypt’s West Delta gas fields
by Yomna Yasserby Yomna YasserEgypt’s President Abdel Fattah al-Sisi attended on Wednesday the inauguration of production at the West Nile Delta …
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Industry & Trade
Iraqi crude oil to arrive in Egypt within 2 weeks: source
by nada nasserby nada nasserAn official source with the Ministry of Petroleum said that the Iraqi shipment of Basra crude oil, …
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Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for …
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Oil prices fell on Thursday as record U.S. crude inventories underscored that crude markets remain bloated, despite …