Saudi Fund endorses $119 mln to upgrade Egypt’s historical Kasr El-Aini hospital
Saudi Fund for Development has agreed to lend Egypt LE930 million (approx. $119 million) as a contribution from…
Browsing Tag
Oil
FTSE 100 sinks nearly 3% as oil slide deepens
U.K. stocks were sinking Wednesday in line with the continuing rout in oil drove losses across the board. The FTSE…
IEA expects oil market to remain oversupplied until late 2016
Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016,…
Asian stocks drop to 2011 levels as oil slump intensifies
Asian stocks slid Monday to their lowest levels since 2011 after weak U.S. economic data and a massive fall in oil…
Oil hits lowest since 2003 as Iran sanctions lifted
Oil prices hit Monday their lowest since 2003, as the market braced for a jump in Iranian exports after the lifting…
Saudi Stocks Lead Mideast Rout as Iran Plans Oil-Export Boost
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil…
Oil dives below $29 on prospects of more Iran crude, China worries
Oil prices crashed 6 percent Friday to close below $30 a barrel for the first time in 12 years, resuming this…
Brent drops to another 12-year low as Iran supply looms
Brent crude dropped to a new 12-year low Thursday as the prospect of more oil supplies from Iran loomed, amid gloom…
Asian stocks skid as Brent crude plumbs 12-year lows
Asian stocks fell Thursday in the wake of steep losses on Wall Street, as Brent crude oil skidded to 12-year lows…
Crude oil rises for first time in eight days after U.S. stocks fall
Crude futures rose on Wednesday for the first time in eight days, with U.S. oil pulling further away from the…
