Egypt confirms success of East Crystal-1 Well in Gulf of Suez
Egypt's Ministry of Petroleum announced on Wednesday the success of drilling operations at the exploratory well…
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crude oil
Oman’s Asyad Group to IPO stake of shipping unit
Oman's state-owned Asyad Group plans to sell at least 20 per cent of its shipping unit, Asyad Shipping Co, through…
S. Arabia to reduce crude oil supply to China in Feb
Saudi Arabia's crude oil shipments to China are set to decline in February as higher prices and extended OPEC+…
CAPMAS: Egypt’s trade balance deficit shrinks in Oct ’24
Egypt's trade balance deficit dropped to 3.66 billion dollars in October 2024, a 16.0 per cent decline from 4.36…
India’s infrastructure output rises 4.3% in Nov ’24
India's infrastructure output grew 4.3 per cent year-on-year in November, supported by robust construction…
Iraq approves $4.56b Basrah-Haditha oil pipeline project
Iraq's cabinet has approved the Basrah-Haditha oil pipeline project, according to a statement from the Prime…
Cocoa, coffee to lead global commodity gains in 2024
Cocoa and coffee are poised to become the top-performing commodities for 2024, driven by global supply deficits,…
Egypt’s manufacturing, extractive industries index 5.24% up in Oct.: CAPMAS
Egypt’s manufacturing and extractive industries production index showed a notable 5.24 per cent increase to 112.32…
Jordan’s oil bill drops in 1st 10m in ’24
Jordan’s oil bill dropped 12.4 per cent to JD2.249 billion in the first ten months of 2024, compared to JD2.567…
Cotton futures rebound, March cotton down
Cotton futures ended higher on Friday, with March cotton down 121 points for the week.