Egypt’s trade deficit widens to $4.6 bln in March – CAPMAS
Egypt’s trade balance deficit widened to 4.6 billion dollars in March 2026, compared with 3.1 billion dollars in…
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crude oil
Oil prices rise more than 3% on Monday
Oil prices rose more than 3 per cent on Monday after the United States and Iran exchanged strikes and Israel…
Egypt’s Agiba, Eni make largest Western Desert discovery in 15 years
Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, made…
Oil prices surge on Monday
Oil prices jumped sharply on Monday after President Trump called Iran's response to a US peace proposal…
Oil prices rise on Monday
Oil prices rose on Monday, holding above $100 a barrel as constrained supplies and the absence of a US–Iran deal…
OPEC+ agrees 188k bpd output adjustment, reaffirms market stability
OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
UAE to exit OPEC, OPEC+ on 1 May
The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…
Oil prices rise by more than $1 on Thursday
Oil prices rose by more than $1 on Thursday, extending gains amid stalled talks between United States and Iran and…
Egypt targets output boost through new drilling, investment reforms
Egypt’s Minister of Petroleum Karim Badawi held an extensive meeting on Wednesday with heads of oil and gas…
Oil prices surge on Thursday
Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about…