Source: Egypt to reduce LNG imports in FY2018 as Zohr gas field nears output
Egypt targets reducing its liquefied natural gas (LNG) imports within the financial year 2017/2018 thanks to…
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Oil markets firm on rising refinery demand, falling US rig count
Oil prices dipped early on Monday but remained near multi-month highs reached late last week as the count of U.S.…
Oil holds gains, buoyed by hopes for robust demand
Oil prices on Thursday held most of their gains of around 2 percent from the previous session, buoyed after the…
Oil prices fall as traders assess US hurricane impact
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of…
China looks at ending sales of gasoline cars
China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China's industry…
2017 auto exports hit $69 mln in seven months: Egyptian minister
Egypt’s auto exports have registered $69 million until July 2017, compared to $129 million in 2016, Minister of…
US crude oil settles at $47.48 per barrel, down over 3%
Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful…
Oil steady on rising US refining demand, but ample crude supplies weigh
Oil prices held steady on Thursday, supported by rising demand from the United States where Gulf Coast refineries…
India lining up for $6bn investment boost in Egypt by 2020
Indian firms are keen on boosting investments in Egypt to reach $6 billion within 2020, Khaled Abu El Makarem- head…
Oil jumps as Russia and Saudi Arabia discuss extending output cut deal
Oil prices marched higher on Tuesday following reports indicating that Russia and Saudi Arabia are considering…
