forex news Oil prices fall on oversupply concerns despite output cuts Noha Gad Jul 19, 2016 0 Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale…
Egypt News Egypt will not impose extra tax on fuel: Cabinet aya salah Jul 19, 2016 0 The new value-added tax (VAT) bill, which has yet to be presented to parliament, does not impose any new VATs on…
Egypt News Egypt receives $650m fuel shipments from Saudi Arabia in May and June aya salah Jun 26, 2016 0 Egypt obtained shipments of petroleum products—benzene, diesel, and mazut—worth approximately $650m in May and…
Tech news Nissan to develop ethanol-based fuel cell technology by 2020 Ghada Ismail Jun 15, 2016 0 Nissan Motor Co said on Tuesday it was developing fuel cell vehicle (FCV) technology using ethanol as a hydrogen…
forex news Oil prices fall as economic concerns rise Noha Gad Jun 13, 2016 0 Oil prices fell on Monday, weighed down by Asia's darkening economic prospects and a related strengthening in the…
forex news As Iran’s oil exports surge, international tankers help ship its fuel Noha Gad Jun 6, 2016 0 More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing…
forex news U.S. oil rises, global crude weaker on strong Middle East output Noha Gad May 31, 2016 0 U.S. oil prices rose on Tuesday, buoyed by the start of the U.S. summer driving season, while international fuel…
Industry & Trade Mitsubishi Motors to brief on fuel economy data Noha Gad May 11, 2016 0 Mitsubishi Motors Corp (7211.T) said it will hold a media briefing at 0830 GMT (3:30 a.m. ET) on Wednesday after…
Industry & Trade Refining’s silver lining loses luster at Exxon and Chevron Noha Gad Apr 30, 2016 0 Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on…
Industry & Trade Japan automaker Daihatsu hasn’t cheated on fuel economy, executive says Noha Gad Apr 27, 2016 0 A senior executive at Daihatsu Motor Co Ltd (7262.T) said on Wednesday he was confident the automaker had not…