Oil prices fall on glut concerns, but Mideast tension, falling US stocks
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained…
Browsing Tag
fuel
Samsung Electronics may add NAND capacity at China plant amid demand surge
Tech giant Samsung Electronics Co Ltd said on Monday it is considering adding NAND memory chip production…
IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation
The International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years…
Oil prices climbs on falling US crude stocks
Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in U.S. fuel inventories and…
Oil prices drop on bloated US crude storage
Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel…
Cairo boosts supply price of wheat for 2017 crop season- ministry
Egypt said Wednesday it raised the supply price of wheat it will buy from farmers from mid-April to mid-July to…
Oil ups on OPEC-led cuts, but market remains range-bound
Oil prices rose on Tuesday, supported by an OPEC-led effort to cut output, but rising production elsewhere kept…
Egypt pumps 75mn T of fuel daily to meet market’s needs: EGPC
Egyptian oil sector pumps around 75 million tonnes of fuel daily in different governorates to cover needs of the…
Oil slips as Iran crude tanker exports surge
Oil prices fell on Monday as increased exports from Iran undermined efforts by other oil producers to curb a global…
Egypt’s fuel exports record $901mn in nine months
Egyptian exports of fuel sagged 22.6 percent during January-September 2016 to 16.2 billion Egyptian pounds (around…
