S. Arabia’s annual inflation reaches 1.5% in July
Saudi Arabia's inflation rate reached 1.5 per cent annually in July 2024 compared to 2.3 per cent in the same…
Browsing Tag
fuels
Dangote refinery seeks to expand crude imports
Nigeria's Dangote refinery is negotiating with Libya to secure crude for its 650,000 barrels per day (bpd) plant…
Oil declines on Tuesday
Oil declined as indicators pointed to a softer market despite heightened geopolitical tensions ahead of an OPEC+…
Egypt-Arab trade volume drops to $26b in ’23 – CAPMAS
The trade volume between Egypt and Arab countries reached $26 billion in 2023, down from $29.5 billion in 2022.…
Egypt-Kuwait trade volume drops to $3b in ’23 – CAPMAS
The trade volume between Egypt and Kuwait reached $3 billion in 2023, down from $3.4 billion in 2022, as announced…
Asian diesel margins heat up amid supply surplus, sea concerns
Asia’s diesel production margins are under increasing pressure due to an oversupply as major exporters ramp up…
Oil hovers near 4-week high on Saudi pledge to end glut
Oil prices were largely steady in early Asian trade on Wednesday, hovering near a four-week high hit a day earlier…
Trump may reverse decision on climate accord, France’s Macron says
French President Emmanuel Macron said he was hopeful that U.S. President Donald Trump would reverse his decision…
Kuwait to supply 3m barrels of crude oil to Egypt per month
Kuwait Petroleum Corporation (KPC) will supply Egypt with about 3m barrels of crude oil per month, as well as solar…
China pushes Yuan down further, fuels fears of Currency War
China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move…
