Oil

Egypt’s petroleum refining activity grew 22.4 per cent in the third quarter of fiscal year 2025/2026, while…

Saudi Arabia could run out of oil stocks for export within days if it fails to restart its major East-West pipeline…

Egypt’s Cabinet approved continued production from development areas and contracts that have expired or are nearing…

Egypt is preparing a 110,000-square-kilometre seismic survey in the Western Desert near the Libyan border to…

Egypt is preparing to sign 13 new oil and gas exploration and production agreements involving more than $1 billion…

Oil prices edged higher on Thursday as investors remained cautious over the outcome of Iran-Oman talks on restoring…

Oil prices rose on Thursday, with Brent crude gaining more than $1 per barrel in volatile trading as escalating…

Egypt's Gulf of Suez Petroleum Company (GAPCO) has raised crude oil production to 71,250 barrels per day, its…

Egypt plans to drill 101 oil and gas exploration wells in 2026 as part of efforts to boost domestic production and…

Oil prices rose more than 2 per cent on Wednesday after the United States launched airstrikes against Iran and…

Oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors weighed the…

Egypt has added about 12,000 barrels per day (bpd) of crude oil and condensates to production in the Western Desert…

Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had…

Oil prices edged lower on Tuesday after surging more than 5 per cent in the previous session, as investors remained…

Egyptian General Petroleum Corporation signed on Tuesday a new agreement with Cheiron Petroleum Corporation and…

OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…

Egypt's Khalda Petroleum made 15 oil discoveries in the first half of fiscal year 2025/2026, adding estimated…

Oil prices extended gains on Wednesday as reports that the United States may prolong its blockade of Iranian ports…

The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…

Oil prices rose nearly 2 per cent on Tuesday, extending gains from the previous session, as stalled efforts to end…

Oil prices rose more than 1 per cent on Monday as stalled US-Iran peace talks and limited shipments through the…

Egypt’s energy sector is regaining momentum after efforts to resolve partner arrears and introduce investment…

Oil prices plunged below $100 per barrel on Wednesday after Donald Trump said he had agreed to a two-week ceasefire…

Oil prices extended gains on Tuesday as escalating tensions between the United States and Iran raised concerns over…

Oil prices rose by more than $1 per barrel on Thursday, recovering from the previous session’s losses as concerns…

Egypt plans to settle $1.3 billion in oil and gas partner dues by the end of June 2026, down from $6.1 billion in…

Oil prices fell on Wednesday as Iraq resumed crude exports from the Kirkuk oil fields to Turkey’s Ceyhan port via…

At the heart of the Middle East—where energy routes, trade corridors, and political influence intersect—one of the…

Oil climbed for a third day on Wednesday as escalating hostilities between the US, Israel, and Iran heightened…

Egypt's non-oil private sector contracted in February 2026 as business activity and demand eased for the first time…

Egypt’s Minister of Supply and Internal Trade Sherif Farouk on Thursday outlined measures to ensure smooth…

Oil prices mixed in Asian trade on Tuesday, with Brent down 0.86 per cent at $68.06 a barrel, as investors weighed…

Oil prices edged lower on Tuesday as traders weighed potential supply risks amid US guidance for vessels transiting…

Commodity prices tumbled on Thursday, led by a near 15 per cent plunge in silver. At the same time, gold, crude…

Global markets retreated on Wednesday as investors reassessed the impact of artificial intelligence on technology…

Oil prices extended gains on Wednesday as escalating tensions between the United States and Iran fuelled fears of…

Oil prices rose on Tuesday, supported by a weaker dollar and stronger demand signals from China, while markets…

Global markets retreated on Monday as fresh US tariff threats against Europe rattled investors, weakened the…

Egypt’s President Abdel Fattah El Sisi met on Saturday with Prime Minister Moustafa Madbouly and Minister of…

Egypt's Ministry of Petroleum and Mineral Resources announced on Friday discoveries and wells by Khalda Petroleum,…