Oil falls as stock markets slide, but trading tepid ahead of OPEC meeting
Oil fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC…
Browsing Tag
production
Oil prices climb on expected OPEC-led supply cuts
Oil prices rose on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a…
SICO Egypt to produce 1.5 million smartphones in 2019
Sico Egypt Company is planning to produce 1.5 million mobile phones next year.
US crude plunges 22% in Nov., settling at $50.93, for weakest month in over 10Yrs
Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that…
Oil weighed down by record Saudi output; markets await G20, OPEC meetings
Record Saudi oil production pulled down crude prices on Tuesday amid cautious trading ahead of the G20 gathering…
Etisalat Misr to inject EGP 4.5 bln investments next year
Etisalat Misr's CEO Hazem Metwally said Saturday the telecom operator raised its 2019 planned investments to…
Oil bounces by $1 per barrel after 6% plunge, but outlook still weak
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by…
Oil treads water amid expected OPEC cuts, gloomy economic outlook
Oil markets lost steam on Tuesday, giving back earlier gains, as a deteriorating economic outlook and a surge in…
Oil extends slide from 7% slump the day before as outlook darkens
Oil slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and…
Oil rises 1% after Saudi Arabia announces Dec. supply cut
Oil rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December,…