World European markets set to open mixed, oil prices extend gains Yomna Yasser May 11, 2017 0 European markets are expected to open mixed Thursday as investors await the latest batch of corporate earnings and…
Banks Goldman Sachs says US tax reforms could ‘transform’ global oil market Yomna Yasser Jan 25, 2017 0 The push by Republicans in the U.S. House of Representatives for a shift to border-adjusted corporate tax (BTA)…
Egypt News Brent hike, flotation eat 91% of fuel subsidies in H1 of FY 2016-17 Noha Gad Jan 4, 2017 0 The Ministry of Petroleum began reviewing fuel subsidy allocations for the current fiscal year (FY) 2016/2017 to…
forex news Oil drops on doubts that output cut will be deep enough Yomna Yasser Dec 7, 2016 0 Oil prices slipped on Wednesday on persistent doubts whether a planned crude production cut led by OPEC and Russia…
forex news Oil prices fall for fourth day after stockpile build Yomna Yasser Nov 2, 2016 0 Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile…
World European stocks choppy as Brent price falls; Arcam up 53% after GE bid Yomna Yasser Sep 6, 2016 0 European stocks reversed earlier gains to trade lower as oil prices fell and lack of drivers gave investors little…
forex news Oil falls as August price rally seen overblown, China fuel exports jump Noha Gad Aug 22, 2016 0 Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent…
forex news Oil prices rise as potential supply cuts remain in focus Noha Gad Aug 18, 2016 0 Oil prices rose on Thursday, with Brent topping $50 a barrel for the first time in six weeks, as traders continued…
forex news Oil hits August high on potential producer action to prop up market Noha Gad Aug 15, 2016 0 Oil prices rose on Monday to fresh highs for the month of August, with the Brent benchmark gaining 11 percent since…
forex news U.S. crude remains below $40 as oversupply weighs Noha Gad Aug 3, 2016 0 Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel oversupply…