Oil Prices Ease but Hold onto Overnight Gains
Crude-oil futures eased slightly Wednesday after overnight gains on the back of strong economic data from the U.S.…
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oil prices
Arab OPEC Sources See Oil Back above $70 by End-2015
Arab OPEC producers expect global oil prices to rebound to between $70 and $80 a barrel by the end of…
Oil Prices Slide after Early Gains on Hopes of Firm U.S. Data
Oil prices slid back close to opening levels around $60.20 per barrel on Tuesday, after gaining earlier in the day…
China Offers Russia Help With Currency Swap Suggestion
Two Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the ruble without…
In One Week, Egypt Stocks lose $4.5bn amid Oil, Gulf Bourses Plunge
In one week of trading, Egypt’s stock market shares recorded losses of 31.9 billion Egyptian pounds (US$4.46…
Egypt, IS, and Oil Prices Top GCC Summit Agenda
After reconciliation with Qatar, the 35th GCC summit will tackle thorny topics of instability and the rise of…
Yen Benefits From Falling Oil Prices; Commodity Currencies Slide
The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short…
Diverging Fortunes: Oil Price Decline Has Positive Impact on Egypt
It is difficult to make use of the low price of Brent Crude and import additional quantities of crude or…
Euro Hits 27-Month Low vs. Strong Dollar on ECB Easing Bets
The euro slid to a 27-month trough against a buoyant dollar on Wednesday, a day ahead of a crucial European Central…
Brent Rebounds above $71 in Turbulent Oil Market
Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent…