forex news Oil edges up as Canadian wildfire reduces oil sands production Noha Gad May 4, 2016 0 Oil prices edged up on Wednesday as an uncontrolled wildfire near Canada's oil sands region reduced production…
World Asian markets mostly lower, BHP down 9.4% Noha Gad May 4, 2016 0 Asian markets joined the slump in global equities on Wednesday, as the U.S. dollar strengthened and oil prices lost…
forex news Oil prices rise as dollar slips to 18-month low against yen Noha Gad May 3, 2016 0 Oil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel…
forex news IEA chief says oil price decline depends on global growth Ghada Ismail May 1, 2016 0 International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing…
Industry & Trade Refining’s silver lining loses luster at Exxon and Chevron Noha Gad Apr 30, 2016 0 Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on…
Indices news Crude oil prices take a breather after hitting 2016 highs Noha Gad Apr 28, 2016 0 Crude futures pulled back from 2016 highs on Thursday as traders locked in profits after April's sharp rally, but…
World Asia stocks slip with central banks in focus, oil holds gains Noha Gad Apr 27, 2016 0 Asian stocks were mostly lower on Wednesday, as investors stayed cautious ahead of U.S. and Japanese central bank…
forex news Oil prices jump on weak dollar, strong investor appetite Noha Gad Apr 27, 2016 0 Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong…
Industry & Trade Aramco value to top $2 trillion, less than 5% to be sold, says prince Noha Gad Apr 26, 2016 0 Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…
MENA News Saudi prince unveils sweeping plans to end ‘addiction’ to oil Noha Gad Apr 26, 2016 0 The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the…