Oil prices jump 3% on Thursday
Oil prices climbed 3 per cent on Thursday after India began reassessing Russian crude purchases in response to…
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Oil
Oil surges on Tuesday
Oil prices rose on Tuesday as early signs of easing US-China trade tensions boosted market sentiment and eased…
Brent crude seen falling to $55 by year-end
Brent crude prices could drop to around $55 per barrel by the end of 2025, according to S&P Global Commodity…
Nigeria signs offshore oil deal with TotalEnergies
Nigeria signed a production-sharing contract with TotalEnergies and South Atlantic Petroleum for two offshore…
Egypt signs MoUs with UAE firm IRH to boost mining, petroleum cooperation
Egypt’s petroleum and mineral resources sector signed two memoranda of understanding (MoUs) with UAE-based…
Egypt eyes new UAE energy investments
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held talks in Abu Dhabi with Sultan Ahmed Al Jaber…
Aramco profit drops in Q2 ’25
Saudi Arabia’s Aramco posted a 22 per cent year on year (YoY) drop in second-quarter net profit to $22.7 billion on…
EU-Russia trade collapses amid sanctions push
Germany's imports of goods from Russia dropped by 95 per cent between 2021 and 2024, while exports to Russia fell…
Egypt’s Sisi urges electricity stability, boosts oil, gas sector reforms
Egypt's President Abdel Fattah El Sisi has stressed the need for pre-emptive measures to ensure electricity supply…
World markets rally in response to US-China deal
Global markets surged Monday after the United States and China announced a major reduction in reciprocal tariffs,…