Oil Above $102 On Egypt Turmoil, Supply Decline
Benchmark U.S. crude-oil futures rose past $102 a barrel in electronic trade Wednesday, gaining on concerns about…
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Oil Prices Pull Back Before Supply Data
U.S. crude-oil futures slipped Tuesday, giving back a portion of gains from the previous session ahead of…
Egypt To Import 900,000 Barrels Per Month From Libya
The Egyptian General Petroleum Corporation have announced their plans to import 900,000 barrels of oil per month,…
Oil Slips On Strong Dollar, Weak Fundamentals
Oil futures fell further in electronic trade Monday, adding to heavy losses suffered at the end of the previous…
Oil Adds To Losses Ahead Of OPEC, DOE Reports
Oil futures extended their decline in electronic trade early Tuesday ahead of key energy forecasts due out later in…
NBE’s Direct Loans To Petroleum Hit EGP 25 Mln At End-April 2013
The National Bank of Egypt’s (NBE) direct loans for petroleum sector rose to EGP 25 billion at the end of last…
Oil Drops Below $94 On Weak China Data
Weak Chinese manufacturing data and a drop in Asian stocks helped send oil futures lower in electronic trade…
NBE Mulls Providing EMC With EGP 100 Mln Credit Facilities
The National Bank of Egypt (NBE) considers offering new credit facilities worth EGP 100 million to the Egyptian…
Oil Prices Higher As Dollar Takes A Breather
Benchmark U.S. crude-oil futures rose in electronic trade Tuesday, finding some relief from a softening in the U.S.…
Firm Dollar Hits Oil, Gold, Shares; Nikkei Scales New Peak
Oil and gold prices fell on Monday as the dollar strengthened, weighing on Asian shares, but Japanese equities…
