U.S. equities closed mixed Wednesday as financials led decliners, while oil rebounded following the release of key …
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Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising …
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Oil prices rose about 2 percent on Friday on expectations that a weekend meeting of the world’s …
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forex news
US crude settles at $53.02, little changed as Libyan output pressures oil
by Yomna Yasserby Yomna YasserOil were little changed on Friday ahead of the Christmas and New Year holiday week as the …
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U.S. government debt prices were higher on Wednesday as investors remain undeterred from geopolitical tension as oil …
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U.S. equities fell slightly on Wednesday, with real estate lagging, as the Dow Jones industrial average failed …
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forex news
Oil prices fall as production creeps up ahead of announced 2017 output cut
by Yomna Yasserby Yomna YasserOil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid …
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forex news
Oil prices climb in anticipation of planned OPEC-led production cut
by Yomna Yasserby Yomna YasserOil prices rose to their highest level since October on Tuesday as the market priced in a …
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Industry & Trade
Azerbaijan’s SOCAR supplies two Egyptian refineries with 2M barrels of Azeri Light
by Noha Gadby Noha GadAzerbaijani state-owned oil firm SOCAR is set to supply two Egyptian refineries with two million barrels of …
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Industry & Trade
Egypt’s BAPETCo produces 138,000 barrels of oil per day; chairman says
by Noha Gadby Noha GadThe current production of Badr El Din Petroleum Company (BAPETCo) is estimated at around 138,000 barrels of …