forex news Oil prices decline for seventh session on oversupply worries Noha Gad Dec 14, 2015 0 Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, as a…
World Asia stocks fall as oil rout deepens, yuan extends slide Noha Gad Dec 14, 2015 0 Asian stocks fell on Monday and China's yuan hit fresh 4-1/2 year lows as plunging oil prices added to investors'…
Egypt News Oil price drop spurs Egypt fuel subsidy phase-out once more Yomna Yasser Dec 13, 2015 0 The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
forex news U.S. oil export ban ‘very likely’ to be lifted in spending bill Noha Gad Dec 12, 2015 0 The 40-year-old ban on most U.S. crude oil exports will "very likely" be lifted in the government spending bill,…
Industry & Trade BP faces Mexico class action lawsuit over 2010 oil spill Noha Gad Dec 12, 2015 0 A few months after reaching the largest corporate settlement in U.S. history, BP Plc faces a class action lawsuit…
forex news Oil steady, finds support from U.S. inventories, weaker dollar Noha Gad Dec 10, 2015 0 Crude oil prices were unchanged on Thursday, supported by a fall in U.S. crude inventories after 10 straight weeks…
World Asia drops as weak oil widens growth worries, euro bullish Noha Gad Dec 10, 2015 0 Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held…
forex news Oil jumps as U.S. crude inventories dip, Japan machinery orders bounce Noha Gad Dec 9, 2015 0 Oil prices rose on Wednesday as U.S. crude stocks dipped, while Japan posted rising machinery orders, lending the…
World Asian stocks at three-week lows on oil drop Noha Gad Dec 8, 2015 0 Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many…
forex news Oil rises from near seven-year lows as China oil imports surprise Noha Gad Dec 8, 2015 0 Crude prices edged away from nearly 7-year lows on Tuesday as China reported strong commodity imports despite…