Crude oil prices fall almost 20 percent since beginning of the year
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the…
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Oil
Asia stocks hover at four-year lows on China worries; oil slides
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks, as…
Oil drops over 2% as China slowdown weighs
Crude oil prices fell over 2 percent on Monday as China's economic slowdown dented the outlook for demand and…
Oil down 10 percent after five-day decline; Goldman says more losses needed
Oil fell for a fifth straight day Friday, losing 10 percent on the week, and Goldman Sachs said more losses were…
World’s biggest oil producer Saudi Aramco confirms it’s considering IPO
Saudi Arabia's state-owned oil company Saudi Aramco confirmed Friday it is considering listing the company on the…
Saudi Arabia reduces oil prices for Europe, perhaps to undercut Iran
Saudi Arabia on Tuesday sharply cut the prices it charges for crude oil in Europe, a move that could undercut Iran…
Brent crude oil gives up earlier gains, loiters near 11-year lows
Brent crude oil prices gave back earlier gains on Wednesday, retreating close to 11-year lows as concerns over…
CAPMAS: Egypt’s imports slide 29% in September 2015
Egyptian imports of ten commodities have been dropped 29 percent during September 2015 to record 16.7 billion…
Kuwait to supply 3m barrels of crude oil to Egypt per month
Kuwait Petroleum Corporation (KPC) will supply Egypt with about 3m barrels of crude oil per month, as well as solar…
Saudi Arabia pledges fresh loans to Egypt to develop Sinai, purchase oil
Egypt agreed with Saudi Arabia to borrow $1.5 billion to develop the Sinai Peninsula, $1.2 billion to finance oil…
