Oil markets cautious as OPEC cuts are met by rising US output
Oil prices fell on Tuesday as the cautious sentiment of the past week prevailed, despite ongoing OPEC-led…
Browsing Tag
middle east
Saudi-Iran war set to create a domino effect of global disaster
Events emerge to be spinning out of control in the Middle East region, and the threat a Saudi-Iranian war is…
A purge, a resignation and declarations of war: What’s going on in the Middle East?
An anti-corruption purge in Saudi Arabia in which 11 princes were arrested, the resignation of the Lebanese prime…
Sisi urges calm between Saudis and Lebanon: We ‘cannot support more turmoil’
Egypt’s President Abdel Fattah al-Sisi called on Middle Eastern nations to maintain stability just as tensions were…
US has regained MENA influence thanks President Trump: Sisi
Egyptian President has praised the efforts of his U.S. counterpart, claiming that President Donald Trump is…
Egypt’s Ezz Steel expects demand to pick up in 2018
George Matta, marketing director of Egypt’s biggest producer Ezz Steel expects demand for steel to improve in the…
Oil prices rise on tightening supply, strong demand
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of…
Oil markets stable on tighter US market, expected extension of OPEC supply cuts
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and…
Oil prices rise on tighter US market, Middle East tensions
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle…
Gold prices hold steady as geopolitical tensions support, firm dollar drags
Gold prices were mostly steady on Tuesday, pressured by a firmer dollar but supported by worries over geopolitical…