World Stocks close mixed as banks notch 3-day losing streak Yomna Yasser Feb 9, 2017 0 U.S. equities closed mixed Wednesday as financials led decliners, while oil rebounded following the release of key…
forex news Oil eases after 2-day gain, rising US production weighs Yomna Yasser Jan 23, 2017 0 Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production…
forex news Oil ups 2% ahead of producers’ compliance meeting Yomna Yasser Jan 21, 2017 0 Oil prices rose about 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers…
forex news US crude settles at $53.02, little changed as Libyan output pressures oil Yomna Yasser Dec 24, 2016 0 Oil were little changed on Friday ahead of the Christmas and New Year holiday week as the market waited to see how…
forex news Oil prices slip; US treasurys edge higher Yomna Yasser Dec 22, 2016 0 U.S. government debt prices were higher on Wednesday as investors remain undeterred from geopolitical tension as…
World Stocks fall as Dow fails to break above elusive 20,000 mark Yomna Yasser Dec 22, 2016 0 U.S. equities fell slightly on Wednesday, with real estate lagging, as the Dow Jones industrial average failed to…
forex news Oil prices fall as production creeps up ahead of announced 2017 output cut Yomna Yasser Dec 5, 2016 0 Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that…
forex news Oil prices climb in anticipation of planned OPEC-led production cut Yomna Yasser Nov 22, 2016 0 Oil prices rose to their highest level since October on Tuesday as the market priced in a potential output cut led…
Industry & Trade Azerbaijan’s SOCAR supplies two Egyptian refineries with 2M barrels of Azeri Light Noha Gad Nov 8, 2016 0 Azerbaijani state-owned oil firm SOCAR is set to supply two Egyptian refineries with two million barrels of Azeri…
Industry & Trade Egypt’s BAPETCo produces 138,000 barrels of oil per day; chairman says Noha Gad Aug 22, 2016 0 The current production of Badr El Din Petroleum Company (BAPETCo) is estimated at around 138,000 barrels of oil per…