Industry & Trade Kuwait says to renew crude oil supply contract with Egypt Yomna Yasser Nov 19, 2016 0 Kuwait has renewed a contract to supply Egypt with crude oil for the upcoming three years, according to a senior…
forex news Oil surges on reported US crude inventory draw, expected OPEC cut Yomna Yasser Oct 19, 2016 0 Oil prices surged early Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement…
forex news US crude settles down 9 cents at $50.35, but ends week up 1.1% Yomna Yasser Oct 15, 2016 0 Crude oil prices dropped Friday as a stronger dollar weighed on the market and an industry report showed U.S. oil…
Arab Gulf stock markets end mixed, Saudi lost stream Yomna Yasser Oct 13, 2016 0 Stock markets in the Gulf ended mixed on Thursday. Saudi Arabia's index lost steam in the final hour of trade and…
USA U.S. stocks close lower as oil slides, but post weekly gains Yomna Yasser Sep 24, 2016 0 U.S. stocks ended near session lows on Friday, with investor sentiment hit by a renewed slide in crude-oil prices.…
forex news Oil prices extend rise after surprise US crude stock draw Yomna Yasser Sep 22, 2016 0 Oil prices extended gains from the previous session in Asian trading Thursday after a surprise third consecutive…
MENA News Saudi Arabia may freeze crude production—if everybody else does too: Prince Turki Yomna Yasser Sep 3, 2016 0 Saudi Arabia could still agree to a deal to freeze oil production — as long as all other oil-producing nations do…
Industry & Trade Egypt’s GUPCO ups crude oil production to 76,500 barrels/day Yomna Yasser Aug 23, 2016 0 Gulf of Suez Petroleum Co – GUPCO, a joint venture between the Egyptian Government and BP Plc, has recently boosted…
International News China’s fuel exports continue to jump Yomna Yasser Aug 8, 2016 0 China's oil imports crept higher in July, as the appetite for foreign crude among the country's independent…
International News China’s crude oil imports surge 8.8% in 2015 Yomna Yasser Feb 13, 2016 0 China's appetite for crude oil remained healthy last year, with the latest data showing imports in December surging…