Arab Oil aids most Gulf bourses Yomna Yasser May 17, 2016 0 Shares in most Gulf bourses were firm Tuesday as oil prices held near this year's highs. Saudi petrochemical shares…
forex news Oil extends gains, U.S. crude at seven-month high on supply concerns Noha Gad May 17, 2016 0 Oil futures rose for a second straight session on Tuesday, with U.S. crude hitting a seven-month high, as the…
World Asian shares recover after Apple, oil boost Wall Street Noha Gad May 17, 2016 0 Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Inc and oil price…
forex news Oil prices jump, Goldman Sachs says market flips into deficit Noha Gad May 16, 2016 0 Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two…
International News Canada PM tours Alberta oil town ravaged by fire, vows major aid Noha Gad May 14, 2016 0 Canadian Prime Minister Justin Trudeau praised firefighters on Friday for defending the energy hub of Fort McMurray…
forex news Oil pushes back from six month high, but notches a weekly gain Yomna Yasser May 14, 2016 0 Oil futures settled lower on Friday as investors worried that recent gains in prices, which finished the week more…
World Asian shares wilt after Wall Street slide, dollar firms Noha Gad May 12, 2016 0 Asian shares fell on Thursday following a dismal session on Wall Street, while the dollar firmed but remained shy…
forex news Oil prices steady as return of Canadian output offsets tighter global market Noha Gad May 12, 2016 0 Oil prices were steady on Thursday, weighed by the gradual return of Canadian oil sands output but supported by a…
Industry & Trade Italy’s ENI raises Nooros oil field output in Egypt to 65,000 boed Yomna Yasser May 12, 2016 0 Italian giant ENI announced Wednesday that their Nidoco North 1X and Nidoco North West 4 development wells had…
Industry & Trade Saudi Aramco finalizes IPO options and plans global expansion Noha Gad May 11, 2016 0 Saudi Arabia's state-owned oil giant Aramco is finalizing proposals for its partial privatization and will present…