Oil prices fall as production creeps up ahead of announced 2017 output cut
Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that…
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production
El Marakby Group to establish new rolling steel line with $39mn in Egypt
Egyptian steel maker El Marakby for Steel Group plans finishing studies on establishing new line for rolling steel…
France’s Safran may build security equipment plant in Egypt with Falcon
France’s supplier of systems and equipment for aerospace, defense and security, Safran has signed Tuesday an…
Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting
Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the…
U.S. stocks close higher as health care, real estate lead
U.S. equities closed higher on Tuesday, led by health care and real estate, as investors digested falling oil…
Oil prices static on uncertainty over planned production cut
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin…
European markets close higher as oil rises to a three-week high
European markets closed higher on Monday as the dollar strength took a breaker and oil prices jumped to their…
Oil prices climb in anticipation of planned OPEC-led production cut
Oil prices rose to their highest level since October on Tuesday as the market priced in a potential output cut led…
Oil prices climb on expectation of OPEC-led output cut
Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply…
Oil steady near multi-month lows on OPEC output record, US rig count
Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC…
