Oil extends gains as Saudi pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on…
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Oil
Credit Suisse forecasts oil prices will be stuck below $60 through 2020
Analysts once believed an agreement by oil producers to inject less would send crude prices to $60 a barrel in…
OPEC moves to cap Nigeria’s oil output, boost compliance
OPEC moved Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts…
Oil market rebalancing to speed up in H2: OPEC’s Barkindo
A rebalancing of the oil market is progressing more slowly than expected, but it will speed up in the second half…
U.S. weighs financial sanctions to hit Venezuela’s oil revenue, White House sources…
The United States is studying financial sanctions on Venezuela that would halt dollar payments for the country's…
Oil minister says Egypt to start exploration in Red Sea after islands deal
Egypt's Oil Minister Tarek El-Molla said Thursday that the recently implemented Egyptian-Saudi maritime border…
Oil prices drop after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the…
Egypt signs $750m geophysical data deals after Saudi Arabia maritime pact
Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) has signed Thursday $750 million geophysical…
Gulf stocks may have firm tone; CIB earnings could boost Egypt bourse
Gulf stock markets may have a modestly firm tone on Thursday because of an overnight surge in oil prices and strong…
Oil dips on rising US crude inventories, high OPEC supplies
Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high supplies from producer club…