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…
Browsing Tag
Oil
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…
Oil Adds To Losses Ahead Of Busy Week
Crude-oil futures fell in electronic trade Monday, extending their retreat sparked by Friday’s disappointing U.S.…
Oil Climbs Above $88, But Weekly Losses In Store
Benchmark U.S. crude-oil futures rose in electronic trade Friday, but the market will likely end with weekly losses…
Oil Below $89 As China Data Deepen Demand Worries
Oil futures slid nearly 3% in electronic trade Monday, with weaker-than-anticipated economic reports from China…
Oil Adds To Gains As Dollar Falls Vs. Euro
Crude-oil futures rose in electronic trade Tuesday, with weakness in the U.S. dollar and benign inflation data from…
Ahli United Bank Issues US$ 130 Mln LCs To Petroleum and Food Industries
Ahli United Bank has approved to issue letters of credit worth US$ 130 million (EGP 900 million) to companies…
Egypt One Of 20 Most Important Markets For HSBC
The Egyptian market is still one of the most important 20 markets for HSBC, despite the turbulent economic…