forex news Oil prices fall on signs of ample supply despite OPEC cuts, Iran sanctions nada nasser May 16, 2018 0 Oil prices drop on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC…
forex news OPEC raises oil supply forecast on surging US output, warns about global economic growth nada nasser May 14, 2018 0 OPEC forecast Monday that U.S. drillers will account for most of the growth in oil production this year but warned…
forex news Oil prices drop away from multi-year highs on surge in US drilling activity nada nasser May 14, 2018 0 Oil prices fell Monday away from last week’s multi-year highs as a relentless rise in U.S. drilling activity…
forex news Oil prices reach highest since November 2014 on Venezuela, Iran worries nada nasser May 7, 2018 0 oil rose above $70 a barrel Monday for the first time since November 2014, while Brent crude prices climbed to…
forex news Oil steady as US drilling tempers bullish sentiment Yomna Yasser Apr 23, 2018 0 Oil prices were steady on Monday as a rising U.S. rig count pointed to further increases in American output,…
Industry & Trade BP to increase Egypt’s natural gas output to 1.3 bcf/day Yomna Yasser Apr 18, 2018 0 BP Egypt is targeting to increase natural gas production from the West Delta project to 1.3 billion cubic feet per…
Industry & Trade Eni’s IEOC to raise Egypt’s Zohr gas field output to 1.2 bcf/day in May Yomna Yasser Apr 17, 2018 0 Italian-Egyptian Oil Company (IEOC), Eni’s subsidiary, says it hopes to increase the production from Egypt's…
forex news Oil inches lower on expectations for US crude stock build Yomna Yasser Apr 4, 2018 0 Oil prices slipped on Wednesday on expectations for a build-up in U.S. crude inventories, but Russian government…
forex news Oil inches up, but rising Russian output still weighs Yomna Yasser Apr 3, 2018 0 Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude…
forex news Oil firm on surprise US crude inventory draw, OPEC-led cuts Yomna Yasser Mar 22, 2018 0 Oil prices were firm on Thursday, buoyed by a surprise decline in U.S. crude inventories as well as ongoing supply…