Industry & Trade Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister Yomna Yasser Nov 7, 2015 0 Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move…
forex news Oil prices slide on profit-taking, but supply risks curb losses Noha Gad Nov 4, 2015 0 Oil prices slipped in thin trading on Wednesday as investors took profit from the previous session's rally,…
forex news Crude oil prices remain under pressure from oversupply Noha Gad Nov 3, 2015 0 Crude oil futures were pressured on Tuesday by oversupply and worries the dollar will strengthen when the U.S.…
forex news Weak China data weighs on oil prices Noha Gad Nov 2, 2015 0 Oil prices dropped in Asian trading hours on Monday as analysts expected weaker demand from China in upcoming…
forex news Oil prices stem fall on inventory draw at Cushing hub Noha Gad Oct 28, 2015 0 Oil prices edged up from multi-week lows in thin Asian trade on Wednesday after an industry group reported that…
Tech news BP shrinks further to weather extended oil slump Noha Gad Oct 27, 2015 0 BP announced on Tuesday a third round of spending cuts and more asset sales in the coming years to tackle an…
forex news Oil prices extend losses as glut worries persist Noha Gad Oct 27, 2015 0 Oil prices fell on Tuesday, extending losses into a third week, on worries over a supply glut and with U.S.…
Banks Some U.S. bond funds bet on high-yield survivors of oil carnage Noha Gad Oct 26, 2015 0 High-yield energy bonds are on track for their worst year since the global financial crisis yet some funds are…
forex news Oil at $80 seen as ideal in next phase, says UAE Minister Yomna Yasser Oct 25, 2015 0 The level of $80 a barrel is seen as an ideal price for oil as the world economy moves to higher growth, the UAE…
forex news Oil prices move higher on weaker dollar, hold above three-week low Noha Gad Oct 22, 2015 0 Oil prices edged up in Asian trade on Thursday, gaining support from a weaker dollar to hold above a three-week low…