Oil prices falls on rising US crude inventories, record production
Oil prices dropped , pulled down by a rise in U.S. crude inventories and record weekly U.S. production, which is…
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production
Oil extends gains, buoyed by Iran sanction worries
Oil prices rose on Tuesday, supported by comments from Benjamin Netanyahu that he was sure Trump would do the right…
Oil ticks up 35 cents, settling at $68.05, as rising US crude stocks and output cap gains
Oil prices ended Wednesday's trading session higher, but data showing rising U.S. stockpiles and production capped…
Oil stable but below recent highs as rising U.S. supplies threaten bull-run
Oil prices were stable on Wednesday, but were below more than three-year highs reached the previous session as…
BP to increase Egypt’s natural gas output to 1.3 bcf/day
BP Egypt is targeting to increase natural gas production from the West Delta project to 1.3 billion cubic feet per…
Eni’s IEOC to raise Egypt’s Zohr gas field output to 1.2 bcf/day in May
Italian-Egyptian Oil Company (IEOC), Eni’s subsidiary, says it hopes to increase the production from Egypt's…
Oil markets tense after western strikes on Syria, but rising US drilling weighs
Oil prices fell on Monday as markets opened the week cautiously following western air strikes in Syria over the…
Egypt to execute 16 natural gas projects in Mediterranean Sea in 4yrs: minister
Minister of Petroleum and Mineral Resources Tarek el-Molla said that Egypt has many opportunities to support the…
99% of production units in Egypt’s Damietta Furniture City finalized: minister
Egypt's Trade and Industry Minister Tarek Kabil said Monday that 99 percent of the production units in the Damietta…
Oil inches up, but rising Russian output still weighs
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude…