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The Watch
Egypt’s mercantile exchange to report 2023 today
The Egyptian Mercantile Exchange (EMX) will report this evening its achievements for the year ended December 31,…
Low oil prices lure Chinese refiners to top off supplies
Chinese refiners are actively scheduling crude oil cargoes for delivery in March and April to top off supplies.
Oil prices steady in early Tuesday trade
Oil prices were steady in early Tuesday trade. Brent crude rose by 0.56 per cent, or 0.44 cents, to trade at $…
Oil up in early Monday trade
Oil prices rose in early Monday trade. Brent crude went up by 0.20 per cent, or 0.16 cents to reach $78.45 a barrel…
Oil rises in early Thursday trade
Oil prices rose in early Thursday trade. Brent crude rose by 0.77 per cent, or 0.59 cents to trade at the price of…
Nikkei breaks 35,000pts for 1st time in 34 yrs
Japan’s benchmark Nikkei 225 rose 1.77 per cent to hold above the 35,000 mark, remarking its highest levels since…
Oil rises as US stockpiles decline
Oil prices increased as more attacks on vessels in the Red Sea increased the possibility that Middle East supply…
Red Sea attacks drive Gas prices up
European gad prices rebounded after a two-day decline due to ongoing attacks on ships in the Red Sea which causes…
Oil prices rise in early Tuesday trade
Oil prices rise by more than 1 per cent in early Tuesday trade. Brent Crude rose by 1.14 per cent or 0.86 cents, to…
Shell impairment charges hit $4.5 bln in Q4 ’23
Shell’s fourth quarter impairment charges reached between $2.5 billion to $4.5 billion, primarily from the…