Oil prices fall on relentless rise in US crude output
Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output…
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Output
Oil extends gains on IEA growth forecasts, hopes for OPEC-US shale producer talks
Oil prices extended gains on Tuesday for the fifth straight day, underpinned by robust demand forecasts and…
Oil prices rise 1% as stocks markets steady
Oil prices rose by one percent on Monday, recovering at least some of last week's steep losses as Asian stock…
Oil falls below $60 for first time this year after 8.5% drop this week
Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly losses in 10 months, as…
Oil prices fall as US output soars above 10 million bpd
Oil prices on Thursday were close to their lowest levels this year, with soaring U.S. output undermining OPEC's…
Tycoon Naguib Sawiris: “Now is the best time to invest in Egypt”
Egyptian billionaire businessman Naguib Sawiris said Monday that investment returns in Egypt are the highest in the…
US oil extends decline, weighed down by dollar, rising output
U.S. oil slipped on Tuesday, extending losses into a second session, as a strengthening dollar sapped demand for…
Initial Zohr output to raise Egypt’s gas output to 5.5 bln cubic feet daily
Output from Egypt’s giant offshore Zohr gas field in the Mediterranean will raise Egypt’s natural gas production…
Zohr gas field to help Egypt achieve LNG self-sufficiency before end of 2018
Egypt's Minister of Petroleum Tarek El-Molla said in a Cabinet meeting on Wednesday that extraction in the Zohr gas…
Oil rises on lower US crude stocks, but growing output caps gains
Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing…