Oil rises as lower output tightens market, outweighs weak China data
Oil prices rose over 1 percent on Tuesday, shrugging off a slump in China's manufacturing sector that stirred fears…
Browsing Tag
Oil
Malaysia’s investments in Egypt hit $5 billion
Malaysian investments in Egypt are estimated at $5 billion, primarily in gas, oil, and electricity sectors, said…
Oil services supplier Subsea 7 awarded contract from BP off Egypt
Oil services supplier Subsea 7 has been awarded contract offshore in Egypt from BP and DEA, it said in a statement…
Dollar, yields rise, backed by U.S. data; stocks, oil fade
The U.S. dollar jumped on Friday and Wall Street's stock rally faded as fresh economic data kept alive Federal…
Ganope- Egypt to issue international tender for oil, gas drilling Q1 2016
Egypt's state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) is to issue international tender for oil and…
Egypt’s oil subsidy cost drops 42% in six months- official
The cost of Egypt's subsidy on oil has dropped by 42.2 percent to record 26 billion pounds (US$3.321 billion) in…
Asian stocks slip as China markets slide, oil prices dip
Asian shares slipped on Thursday as crude oil prices seesawed and Chinese shares dived, rekindling anxiety about…
Shares fall with oil prices, yen in demand
Shares fell in Europe and Asia on Wednesday as oil prices dipped after Saudi Arabia effectively ruled out output…
Wall St. stumbles as oil slumps again
Wall Street stocks slid on Tuesday, hurt by pressure from a renewed drop in oil prices, undercutting momentum…
Oil prices fall as OPEC squabbles over output targets, crude stocks swell
Oil prices slid on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled…