The Watch Oil rises on extended supply cuts, U.S. stocks draw Amwal Al Ghad English Jul 3, 2019 0 Oil rose on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its…
The Watch Oil eases as demand fears counter OPEC supply cut extension Amwal Al Ghad English Jul 2, 2019 0 Oil drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a…
MENA News Iran says Saudi Arabia-Russia unilateralism could lead to the death of OPEC Amwal Al Ghad English Jul 1, 2019 0 Iranian Oil Minister Bijan Zanganeh believes “unilateralism” among some OPEC members could ultimately lead to the…
Tech/AI OPEC to extend oil production curbs as meeting starts in Vienna Amwal Al Ghad English Jul 1, 2019 0 Ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies in Vienna, the…
The Watch Oil climbs over 2% as Saudi Arabia, Russia back supply cuts Amwal Al Ghad English Jul 1, 2019 0 Oil climbed more than $1 a barrel on Monday after Saudi Arabia, Russia and Iraq backed an extension of supply cuts…
Featured Egypt to continue oil hedging policy for FY2019/20 – FinMin Amwal Al Ghad English Jun 27, 2019 0 Egypt government plans to repeat the oil hedging policy for the financial year 2019/2020, which will start next…
The Watch Oil drops as market awaits G20, OPEC Amwal Al Ghad English Jun 27, 2019 0 Oil dropped on Thursday, erasing some of the previous session’s strong gains, as traders eye the G20 summit in…
The Watch Oil climbs as U.S. crude stocks fall, Middle East concerns add support Amwal Al Ghad English Jun 26, 2019 0 Oil climbed more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude…
The Watch Oil falls amid demand fears, but US-Iran tensions support Amwal Al Ghad English Jun 25, 2019 0 Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington…
The Watch Oil climbs as Middle East tensions simmer Amwal Al Ghad English Jun 24, 2019 0 Oil climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike…