Crude oil prices fall almost 20 percent since beginning of the year
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the…
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Asia stocks hover at four-year lows on China worries; oil slides
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks, as…
Egypt’s annual inflation rises to 11.9% in December 2015
Egypt’s annual Consumer Price Index (CPI) surged to 11.9 percent in December 2015, to register 175.4 points, from…
Oil drops over 2% as China slowdown weighs
Crude oil prices fell over 2 percent on Monday as China's economic slowdown dented the outlook for demand and…
Saudi Arabia reduces oil prices for Europe, perhaps to undercut Iran
Saudi Arabia on Tuesday sharply cut the prices it charges for crude oil in Europe, a move that could undercut Iran…
Brent crude oil gives up earlier gains, loiters near 11-year lows
Brent crude oil prices gave back earlier gains on Wednesday, retreating close to 11-year lows as concerns over…
Oil prices edge up as Asia equities stabilize; oversupply drags
Crude prices rose on Tuesday as Asian stock markets stabilized following heavy losses in the previous session, but…
Oil surges on Saudi Arabia, Iran tensions
Oil prices surged during the start of 2016 trading as relations between top crude producers Saudi Arabia and Iran…
Egypt to offer 47 consumer complexes as part of commercial chains project
The Egyptian government will offer investors 47 consumer complexes soon, as part of its efforts to implement a…
Oil prices could hit low point in first quarter: BP
The slump in global oil prices could hit bottom in early 2016 although prices are likely to remain low for the next…