forex news Oil eases from 2019 highs, settles down 1.6% at $59.04 per barrel Amwal Al Ghad English Mar 23, 2019 0 Oil fell more than 1 percent on Friday, slipping further from 2019 highs as focus shifted to a lack of progress in…
Featured BP to invest $1.8 bln in Egypt this year: CEO Amwal Al Ghad English Feb 12, 2019 0 BP's Chief Executive Bob Dudley on Monday said the company will invest about $1.8 billion in Egypt this year and he…
forex news US crude settles 0.6% lower at $52.41 per barrel as slow progress in trade talks counters… Amwal Al Ghad English Feb 12, 2019 0 Oil prices fell on Monday as worries surrounding the resumption of U.S.-China trade talks overshadowed support from…
forex news US oil prices rise as market eyes tighter supply Amwal Al Ghad English Feb 5, 2019 0 U.S. oil prices inched up on Tuesday, buoyed by expectations of tightening global supply due to U.S. sanctions on…
forex news US crude jumps 3.3% to 2-month high on hopes for US-China trade deal Amwal Al Ghad English Jan 19, 2019 0 Oil prices hit a roughly two-month high on Friday, rising with the stock market, on news that China has put forward…
forex news Oil torn between economic slowdown concerns, OPEC-led supply cuts Amwal Al Ghad English Jan 16, 2019 0 Oil was steady on Wednesday as signs of a global economic slowdown were countered by OPEC-led supply cuts which…
forex news Brent crude falls below $60 on weak China trade data Amwal Al Ghad English Jan 14, 2019 0 Brent crude oil prices fell below $60 per barrel on Monday after Chinese data showed weakening imports and exports…
forex news Oil surges 10% after the settle, rebounding with stocks from Christmas Eve sell-off Amwal Al Ghad English Dec 27, 2018 0 Oil surged on Wednesday, posting its strongest daily gain in more than two years in a partial rebound from steep…
forex news Oil rises after nearly 8% Black Friday plunge Amwal Al Ghad English Nov 26, 2018 0 Oil won back some ground after hefty losses on Friday, but remained under pressure with Brent crude below $60 per…
World European stocks fight back to close higher; oil in focus Amwal Al Ghad English Nov 24, 2018 0 European stocks gyrated on Friday , partially affected by a steep dip in oil prices.
forex news Oil hits 2018 low as OPEC considers an output cut Amwal Al Ghad English Nov 24, 2018 0 Oil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014,…
forex news Oil bounces by $1 per barrel after 6% plunge, but outlook still weak Amwal Al Ghad English Nov 21, 2018 0 Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by…
forex news Oil falls on worries of looming oversupply, economic downturn Amwal Al Ghad English Nov 15, 2018 0 Oil prices slipped on Thursday, weighed down by rising supply going into a market in which consumption is expected…
forex news Oil falls as Trump raps OPEC’s supply cut plan, global markets skid Amwal Al Ghad English Nov 13, 2018 0 Oil prices fell by around 1 percent on Tuesday, with Brent crude sliding below $70 and WTI below $60 per barrel,…
forex news US crude posts 4% weekly loss, settling at $71.34, dragged down by market sell-off Amwal Al Ghad English Oct 13, 2018 0 Brent crude gave back early gains and turned lower Friday after a closely watched forecaster said world oil supply…
Arab Oil boosts Gulf petchems but markets mostly sluggish Amwal Al Ghad English Oct 2, 2018 0 Petrochemical firms and other oil-related stocks rose in the Gulf early on Tuesday after the Brent crude price…
forex news Oil firm near 4-year high as Washington’s Iran sanctions loom Amwal Al Ghad English Oct 2, 2018 0 Oil markets were firm on Tuesday, with Brent crude prices holding near four-year highs reached the previous day as…
forex news Oil firm as Iran sanctions loom, US seeks to prevent supply shortfall Amwal Al Ghad English Sep 11, 2018 0 Oil was steady on Tuesday, supported by looming U.S. sanctions against Iran's petroleum industry.
forex news Oil jumps as US drilling stalls, Washington sanctions against Iran loom Amwal Al Ghad English Sep 10, 2018 0 Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions…
forex news Oil mixed in Asian trading, but pressure builds on expected crude output increase Amwal Al Ghad English May 29, 2018 0 Oil prices were mixed in Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia…
forex news Oil slips 2% towards $2 a barrel as Saudi Arabia, Russia consider output boost Amwal Al Ghad English May 26, 2018 0 Oil prices dropped more than 2 percent towards $77 a barrel on Friday as Saudi Arabia and Russia said they were…
forex news Brent crude oil rises for a sixth day as supplies tighten amid strong demand nada nasser Apr 24, 2018 0 Brent crude oil increased for sixth day on Tuesday
forex news Brent crude oil rises for a sixth day as supplies tighten amid strong demand nada nasser Apr 24, 2018 0 Brent crude oil rose for sixth day on Tuesday, passing $75 a barrel, on expectations that supplies will tighten…
forex news Oil prices near 3-year highs, supported by healthy demand Yomna Yasser Jan 16, 2018 0 Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday, a level not seen since 2014's…
forex news US crude closes above $60 for first time in 2½ years, settling at $60.42 and ending the… Yomna Yasser Dec 30, 2017 0 U.S. oil prices rose above $60 a barrel on the final trading day of the year and hit their highest since mid-2015,…
forex news Oil markets firm on expected extension of production cuts Yomna Yasser Oct 30, 2017 0 Oil prices were firm on Monday, with Brent crude opening above $60 per barrel on expectations an OPEC-led…
forex news Oil dips over doubts recent rally will last through fourth quarter Yomna Yasser Oct 4, 2017 0 Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally…
forex news Oil prices fall as traders assess US hurricane impact Yomna Yasser Sep 12, 2017 0 Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of…
Industry & Trade Egypt expects global oil prices to growth 19% by year-end Yomna Yasser Jul 13, 2017 0 Egypt said Thursday it expects global oil prices to rise by 19 percent to reach $51 a barrel at the end of 2017…
forex news Oil prices fall on glut concerns, but Mideast tension, falling US stocks Yomna Yasser Jun 7, 2017 0 Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained…
forex news Oil prices climbs on falling US crude stocks Yomna Yasser May 11, 2017 0 Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. fuel inventories and…
forex news Oil eases from 5-week top, rising US production weighs Yomna Yasser Apr 11, 2017 0 Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concerns over…
World Asia markets trade mixed, Kospi rises over 1% Yomna Yasser Mar 21, 2017 0 Asian markets traded mixed on Tuesday, after the Reserve Bank of Australia released its March meeting minutes and…
World Asia markets slip as investor sentiment weakens Yomna Yasser Feb 7, 2017 0 Asian markets were negative on Tuesday following the sluggishness in global equities amid risk-off sentiment. Spot…
World European stocks close higher after strong US payrolls Yomna Yasser Feb 4, 2017 0 European markets closed higher on Friday after the publication of the latest nonfarm payrolls in the United States.…
forex news Oil prices slip after US stockpiles’ rise Yomna Yasser Feb 2, 2017 0 Oil prices fell on Thursday after official data showed U.S. crude and gasoline stockpiles rose sharply, although…
forex news Oil extends decline as rising US output weighs nada nasser Jan 30, 2017 0 Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could…
World Asian shares mostly higher, Peso slips Yomna Yasser Jan 28, 2017 0 Asian markets were mostly higher after Japan's inflation data showed improvement and markets stateside clocked new…
forex news Oil mixed on Saudi commitment to cut output, investor skepticism Yomna Yasser Jan 17, 2017 0 Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would…
World European markets close higher; Fiat-Chrysler rebounds 4.6% Yomna Yasser Jan 14, 2017 0 European markets closed higher on Friday as investors digested better-than-expected corporate earnings from the…