Suez Canal to Hike Transit Dues as of May 1st
Egypt's Suez Canal Authority (SCA) on Saturday announced it would raise toll fees for all vessels passing through…
Browsing Tag
crude oil
Shell Pumps $555 mln for Oil Explorations in Egypt
Royal Dutch Shell Plc allocates total investments worth US$ 555 million for oil discoveries and explorations in…
Ahli United Bank Approves New Letter of Credit worth $115 mln
Ahli United Bank (AUB) has agreed to open new letter of Credit worth $115million for one of the most companies…
Crude Oil Drops Ahead Of Inventory Data
Benchmark U.S. oil futures came under pressure in electronic trade Tuesday, facing a potential seventh day out of…
Banque Du Caire Issues $60 Mln Letters of Credit For Crude Oil
Banque Du Caire has approved to provide $60 million letters of credit for the Egyptian General Petroleum…
Oil Futures Hold Mild Gain After Inventory Decline
Benchmark U.S. crude-oil futures clung to a thin advance Wednesday after weekly crude stockpile levels posted a…
Oil Prices Stays above $101 after Jerked Higher by Egypt Unrest, Drop in US Stockpiles
The price of oil stayed above $101 a barrel Thursday after being jerked higher by unrest in Egypt and a fall in…
Oil Fields Under Olive Groves Offer Italy Economic Boost
Underneath the groves that make southern Italy the world’s second-largest olive oil producer, geologists have found…
Egypt Says Libyan And Iraqi Oil To Arrive Next Month
Egypt said it expected crude oil imports to start arriving next month after Libya and Iraq agreed to make…
Crude Oil Under Pressure As Global Data Weigh
More signs of a weakening global economy weighed on crude-oil prices on Monday, kicking off a weak start to the…
