forex news Oil prices steady as extra US supply balances strong demand Amwal Al Ghad English Jun 4, 2018 0 Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to…
forex news US crude dips 3% on the week, amid US supply growth and OPEC uncertainty Amwal Al Ghad English Jun 2, 2018 0 U.S. Crude futures fell on Friday, with the benchmark posting a second consecutive week of drops as American oil…
Featured Egypt’s Zohr gas field output likely to rise to 2bn bcf/d at year-end Amwal Al Ghad English May 31, 2018 0 Egypt's giant Zohr gas field is expected to double the production two billion cubic feet of gas per day (bcf/d) at…
forex news Oil mixed in Asian trading, but pressure builds on expected crude output increase Amwal Al Ghad English May 29, 2018 0 Oil prices were mixed in Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia…
World Asian shares edge higher, with oil prices extending losses Amwal Al Ghad English May 28, 2018 0 Asian shares reversed early losses to edge higher on Monday, following positive weekend news regarding U.S.-North…
forex news Oil slips 2% towards $2 a barrel as Saudi Arabia, Russia consider output boost Amwal Al Ghad English May 26, 2018 0 Oil prices dropped more than 2 percent towards $77 a barrel on Friday as Saudi Arabia and Russia said they were…
forex news Oil falls on expectations OPEC could boost output Amwal Al Ghad English May 24, 2018 0 Oil prices dipped on Thursday on expectations that OPEC members will step up production in the face of worries over…
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…