Brent holds above $40 as some investors call bottom on oil rout
Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained over $40 a barrel after jumping to 2016…
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Oil
Europe shares dip after Asia hits two-month high, oil rises
European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs after…
Oil jumps as sentiment gets boost, but analysts warn of ongoing glut
Oil prices rose on Monday, extending a rally that has lifted crude benchmarks by more than a third from this year's…
Asian shares hit two-month high after solid U.S. job growth
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data,…
Al Baraka Bank says allocates $127.7 million for Egyptian national projects
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Group, is allocating this year around one billion Egyptian pounds…
Moody’s places Arab Gulf states on review for downgrade
Moody's has lowered the credit ratings of Oman and Bahrain and placed the remaining Gulf oil exporters on review…
Oil prices edge up as confidence rises that market has bottomed
Oil prices edged higher on Thursday as sentiment spread that a 20-month-long market rout is coming to an end as…
Egypt aims to be self-sufficient in fuel by 2020: official
Egypt aims to be self-sufficient in fuel by 2020 in hope of exporting to other countries, said an official from the…
Brent edges higher, but U.S. oil down on stock build
Brent edged up on Wednesday following strong gains in Asian stocks, while U.S. oil eased on industry data that…
Asia stocks rise as risk appetite returns; data boost
Asian shares rallied to two-month highs on Wednesday as overnight gains in oil prices and a batch of positive…