Italian agency highlights rise in Egypt’s gas output in FY2020
Italy's agency, Nova highlighted the increase in Egypt’s natural gas output to hit 226 million cubic meters per day…
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Egypt’s daily gas output to reach 8bn cubic feet in FY2020
Egypt’s production of natural gas will reach around 8 billion cubic feet per day within the financial year…
US crude jumps 3.3% to 2-month high on hopes for US-China trade deal
Oil prices hit a roughly two-month high on Friday, rising with the stock market, on news that China has put forward…
Egypt achieves self sufficiency in gas consumption this year
Egypt's Ministry of Petroleum says that the country achieved self sufficiency in natural gas consumption in…
Oil rises over 1% on OPEC-led supply cuts, trade talk hopes
Oil climbed by more than 1 percent on Wednesday, lifted by expectations that an OPEC-led supply cut announced last…
US crude rises 2.2%, settling at $52.61, after OPEC and allies reach deal to cut output
Oil prices surged higher on Friday after OPEC, Russia, and several other producers reached an agreement to cut…
Egypt’s non-oil business activity contracts in Nov., but pace of slowdown eases
Egypt’s non-oil private-sector activity shrank again in November, but the pace of the slowdown dropped, leaving an…
US crude rises 30 cents, settling at $53.25, amid trade and output cut uncertainty
Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a trade war…
Oil prices climb on expected OPEC-led supply cuts
Oil prices rose on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a…
European stocks fight back to close higher; oil in focus
European stocks gyrated on Friday , partially affected by a steep dip in oil prices.