Egypt’s Orascom starts output at US Texas Natgasoline plant
Egypt's Orascom Construction Company on Wednesday announced beginning the commercial production at its largest…
Browsing Tag
Output
Oil prices rise on Libya worries, but OPEC supply rise drags
Oil prices inched up on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to…
Brent falls 2% as traders expect output rise after OPEC deal
Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output…
Oil slips as US crude production hits another record
Oil eased on Thursday, dragged down by rising output, although strong demand and a drop in U.S. fuel inventories…
Oil prices drop on rising supplies from US, Russia
Oil prices fell on Monday, dragged down as U.S. oil drilling activity rose to its highest level since March, 2015,…
US crude falls 21 cents, settling at $65.74
Oil prices fell on Friday, extending losses as JP Morgan cut its crude price forecast, after already weakening on…
Oil prices steady as extra US supply balances strong demand
Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to…
US crude dips 3% on the week, amid US supply growth and OPEC uncertainty
U.S. Crude futures fell on Friday, with the benchmark posting a second consecutive week of drops as American oil…
Egypt’s Zohr gas field output likely to rise to 2bn bcf/d at year-end
Egypt's giant Zohr gas field is expected to double the production two billion cubic feet of gas per day (bcf/d) at…
Oil mixed in Asian trading, but pressure builds on expected crude output increase
Oil prices were mixed in Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia…
