The Watch Oil prices fall as U.S. inventory build stokes supply worries Amwal Al Ghad English Jul 8, 2020 0 Oil prices dropped in early trade on Wednesday as industry data showing a build in U.S. crude stockpiles and a…
News Iran’s oil storage almost full as sanctions, coronavrius pandemic weigh Amwal Al Ghad English Jul 7, 2020 0 Iran has slashed crude oil production to its lowest level in four decades as storage tanks and vessels are almost…
The Watch Oil rises on output cut support, but U.S. virus spike caps gains Amwal Al Ghad English Jul 7, 2020 0 Oil increased in early trade on Tuesday with major producers sticking to supply cuts, but earnings were capped as…
The Watch Oil climbs 5%, posts second straight week of earnings Amwal Al Ghad English May 9, 2020 0 Oil rose on Friday and were on course for a second consecutive week of gains as U.S. producers rapidly shut crude…
forex news Oil falls after US inventories build Amwal Al Ghad English Apr 4, 2019 0 Oil dropped on Thursday, with Brent edging away from the psychologically important $70 level after easing in the…
forex news Oil near 2019 highs amid OPEC cuts, US sanctions Amwal Al Ghad English Feb 20, 2019 0 Oil was around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions…
forex news Oil falls as U.S. rig count rise, trade concerns Amwal Al Ghad English Feb 11, 2019 0 Oil fell around 1 percent on Monday as drilling activity in the United States, the world's largest oil producer,…
forex news Oil prices rise as Saudi Arabia cuts supply to US Amwal Al Ghad English Jan 31, 2019 0 Oil prices rose for a third day on Thursday, pushed up by signs of lower imports into the United States as part of…
forex news Oil rises on Venezuelan supply concerns following US sanctions Amwal Al Ghad English Jan 30, 2019 0 Oil rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry…
forex news Oil prices fall on rising US rig count, China industrial slowdown Amwal Al Ghad English Jan 28, 2019 0 Oil prices fell on Monday after U.S. energy firms added rigs for the first time this year in a sign that crude…
forex news Oil firms as China’s economic slowdown was not as big as some expected Amwal Al Ghad English Jan 21, 2019 0 Oil prices firmed on Monday after data showed China’s economic slowdown was not as big as some analysts had…
World Oil rises on hopes of successful US-China trade talks Amwal Al Ghad English Jan 9, 2019 0 Oil rose on Wednesday, extending gains from the previous session on hopes that Washington and Beijing can resolve a…
forex news Oil prices rise on trade talk optimism, OPEC cuts Amwal Al Ghad English Jan 8, 2019 0 Oil prices rose on Tuesday on hopes that U.S.-Chinese talks in Beijing would bring a halt to trade disputes between…
forex news US crude rises 1.9%, settling at $47.96, as trade talks and supply cuts boost oil Amwal Al Ghad English Jan 5, 2019 0 Oil rose on Friday after proposed trade talks between the United States and China eased some fears about a global…
forex news Oil slips on supply surge, global market turmoil scares off investors Amwal Al Ghad English Jan 3, 2019 0 Oil fell on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for…
forex news Oil opens 2019 with losses on surging supply, signs of economic slowdown Amwal Al Ghad English Jan 2, 2019 0 Oil dropped by around one percent in 2019′s first trading on Wednesday, pulled down by surging U.S. output and…
forex news US crude rises 1.6%, settling at $45.33, but posts third straight weekly loss Amwal Al Ghad English Dec 29, 2018 0 Oil prices ticked were higher on Friday after a week of volatile trading, but shed early gains on profit-taking…
forex news Oil prices rebound after tumbling to lowest since June 2017 on economy fears Amwal Al Ghad English Dec 26, 2018 0 Oil was mixed in thin trading on Wednesday as the U.S. benchmark rebounded from steep losses in the previous…
forex news Oil prices resume drop, shed most of last session’s gains Amwal Al Ghad English Dec 20, 2018 0 Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the…
Featured Dana Gas receives $20 million from Egypt Amwal Al Ghad English Dec 19, 2018 0 Dana Gas, Middle East’s largest regional private sector natural gas firm, has received $20 million from the…
forex news Oil rises as China-US trade tensions show signs of easing Amwal Al Ghad English Dec 13, 2018 0 Oil rose on Thursday, buoyed by a draw down in U.S. crude stockpiles and indications that China is taking concrete…
forex news Oil rises on Libyan export disruption, but markets remain weak Amwal Al Ghad English Dec 11, 2018 0 Oil edged up on Tuesday after Libya’s National Oil Company declared force majeure on exports from the El Sharara…
forex news Oil extends gains after OPEC-led group seals deal to cut supply nada nasser Dec 10, 2018 0 Oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers…
forex news Oil falls as stock markets slide, but trading tepid ahead of OPEC meeting Amwal Al Ghad English Dec 6, 2018 0 Oil fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC…
forex news US crude rises 30 cents, settling at $53.25, amid trade and output cut uncertainty Amwal Al Ghad English Dec 5, 2018 0 Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a trade war…
forex news Oil prices soar over 4.5% after US, China suspend trade hostilities Amwal Al Ghad English Dec 3, 2018 0 Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and…
forex news US crude plunges 22% in Nov., settling at $50.93, for weakest month in over 10Yrs Amwal Al Ghad English Dec 1, 2018 0 Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that…
forex news Oil strengthens ahead of G20 meeting, but supply rise caps gains Amwal Al Ghad English Nov 29, 2018 0 Oil ticked higher on Thursday on optimism that trade talks at the G20 meeting could aid the global economy and…
forex news Oil rises on North Sea outage, ahead of OPEC, G20 meetings Amwal Al Ghad English Nov 28, 2018 0 Oil rose by one percent on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to…
forex news Oil treads water amid expected OPEC cuts, gloomy economic outlook Amwal Al Ghad English Nov 20, 2018 0 Oil markets lost steam on Tuesday, giving back earlier gains, as a deteriorating economic outlook and a surge in…
forex news Oil rises 1% after Saudi Arabia announces Dec. supply cut Amwal Al Ghad English Nov 12, 2018 0 Oil rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December,…
forex news Oil drops as soaring US production outweighs talk of OPEC output cuts Amwal Al Ghad English Nov 8, 2018 0 Oil dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking…
forex news Oil falls amid supplied market, Iran sanction exemptions Amwal Al Ghad English Nov 7, 2018 0 Oil fell on Wednesday, extending losses from the previous session, with markets well supplied amid rising…
forex news US crude drops 6.6% this week, settling at $63.14, as fear of oil shortage fades Amwal Al Ghad English Nov 3, 2018 0 Oil prices fell on Friday, posting a fourth consecutive weekly loss, as investors worried about oversupply after…
forex news Oil falls one percent amid global stock market slump Amwal Al Ghad English Oct 25, 2018 0 Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock…
forex news Oil falls as Saudi Arabia pledges to play responsible role in market Amwal Al Ghad English Oct 23, 2018 0 Oil prices dipped on Tuesday after Saudi Arabia pledged to play a "responsible role" in energy markets, although…
Featured Oil well in Egypt’s West Nile Delta begins output Amwal Al Ghad English Oct 21, 2018 0 An oil well in Egypt's West Nile Delta has started production, the Ministry of Petroleum and Mineral Resources…
forex news Oil inches up on signs that Iranian crude exports fall further Amwal Al Ghad English Oct 9, 2018 0 Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC's third-largest producer,…
forex news Oil falls as Saudi and Russia quietly agree to output rise, US stocks swell Amwal Al Ghad English Oct 4, 2018 0 Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories…
forex news Oil rises 1.6%, settling at $73.25, as US sanctions on Iran tighten supply Amwal Al Ghad English Sep 29, 2018 0 Oil prices rose more than one percent on Friday, with Brent climbing to a fresh four-year high, as U.S. sanctions…