Oil: OPEC meeting at month-end in focus
Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting…
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Oil stable as OPEC cuts counter rising US supplies
Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations…
Egypt hopes to pay $750 million in oil company arrears before year-end
Egypt seeks to pay off around $750 million of its debt to international oil companies by late December, Oil…
Preliminary talks with Saudi’s Aramco to refine oil in Egypt: minister
Egyptian Oil Minister Tarek el-Molla said Tuesday initial negotiations have taken place with Saudi state oil…
Asia markets decline; energy stocks fall as oil extends losses
The cautious sentiment from the last session continued through Asia's Wednesday trading day, with energy-related…
Oil markets cautious as OPEC cuts are met by rising US output
Oil prices fell on Tuesday as the cautious sentiment of the past week prevailed, despite ongoing OPEC-led…
Oil trading cautious on Middle East tensions, increased US drilling
Oil markets were cautious on Monday amid ongoing tensions in the Middle East region and after a rising rig count in…
Egypt signs $2.4 mln oil and gas deal with Trident Petroleum
Egypt signed Saturday a new oil agreement with Trident Petroleum to explore oil and natural gas in the Gulf of Suez…
Oil hits highest levels since 2015 amid tightening markets, Saudi purge
Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia's…
Egypt to fully pay off foreign oil companies’ debts in two years: minister
Egypt will fully pay off its debt to foreign oil companies within two years if it keeps making payments at the same…