Oil rises on Monday
Oil rose on Monday due to political turmoil in major oil-producing nations. The death of Iran's president in a…
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Lower Oil Prices
Oil prices hike due to OPEC supply possibility cuts
Oil prices increased in early Asian trade on Thursday.
Oil prices decrease on Wednesday
Oil prices decreased on Wednesday, in comparison with a nearly 4 percent surge the previous day on receding fears…
BP swings to US$6 billion loss on Deepwater hit
BP PLC swung Tuesday to a loss in the second quarter, as earnings were hit by lower oil prices and a…
World Bank: Some MENA States seen 4% Growth, Egypt and Morocco in Focus
Triggered by some policy reforms and low oil prices, a third of the Middle East Countries are expected 4 percent…
IMF raises Egypt’s Economic Growth Outlook to 4% in 2015
Egypt’s economy is projected to improve by 4.0 percent in 2015, according to the semi-annual World Economic Outlook…
Moody’s: Lower Oil Prices will support Egypt’s Fiscal Consolidation Efforts
The main positive impact from lower oil prices will be on Egypt's (Caa1 stable) public finances, as lower than…
Egypt says Suez Canal Project on Track, Tolls Unchanged
Transit tolls at Egypt's Suez Canal will stay largely at their current prices this year, the authority said…
Lower Oil Prices help truck Demand, Paccar says
Lower oil prices should cause more U.S. consumer spending, which will stimulate demand for commercial trucks this…
