European markets set to open mixed, oil prices extend gains
European markets are expected to open mixed Thursday as investors await the latest batch of corporate earnings and…
Browsing Tag
production
Oil prices rise in Asia in expectation of Aramco supply cut
Oil futures rose in Asian trading on Wednesday after Reuters reported that Saudi Arabia would cut supplies to…
Oil gives up earlier gains as rising US output, China concerns weigh
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude…
Asia markets struggle as commodity prices fall
Most Asian markets lost ground on Friday as traders await the U.S. nonfarm payrolls data later and after drops…
Egypt’s Biscuit maker Bisco Misr planning 50% surge in exports this year
Egypt-based biscuit maker Bisco Misr Company says it is planning to increase its exports by 50 percent to 100…
Coca-Cola targets 25% rise in Egypt exports this year
US drinks giant Coca-Cola is targeting an increase in its Egyptian unit’s exports ranging between 20 percent and 25…
Saudi Arabia, Kuwait signal likely extension of oil supply cuts
Leading Gulf oil producers Saudi Arabia and Kuwait gave the clearest signal yet that OPEC plans to extend into the…
Oil dips on bloated US market, mixed Saudi signals
Oil prices dipped on Wednesday as bloated U.S. supplies weighed on markets while a fall in Saudi crude exports was…
Oil prices fall on expected climb in US production
Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days…
Oil jumps on prospect that Saudi Arabia seeking output cut extension
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016,…
