Oil rises 1.6%, settling at $73.25, as US sanctions on Iran tighten supply
Oil prices rose more than one percent on Friday, with Brent climbing to a fresh four-year high, as U.S. sanctions…
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production
Oil falls as economic growth concerns counter tighter supplies
Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns…
Oil jumps as US drilling stalls, Washington sanctions against Iran loom
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions…
Oil edges higher amid looming Iran sanctions, rising global supply
Oil markets were stable on Wednesday, buoyed by falling supplies from Iran ahead of U.S. sanctions but held in…
Things to know about industrial complex in Upper Egypt
Egyptian President Abdel Fatah al-Sisi inaugurated an industrial mega complex for cement, marble and granite in…
Oil rises as Saudi cuts output, but looming demand slowdown drags
Oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to…
European stocks to open higher as they rebound from Turkey fears
European stocks are expected to open in the black Tuesday morning as concerns over Turkey's economic woes eased.
Oil Ministry starts experimental operation of Egypt’s largest gas lab
Egypt’s Ministry of Petroleum and Mineral Resources has announced the start of the experimental operation of the…
Egypt’s Zohr field to raise output to 2bn cubic metres daily in Sept.
The daily production of Zohr gas field will increase to 1.75 billion cubic metres by the end of the month and to…
Egypt’s Zohr gas field capacity to reach 2 bcfd in Sept.
Italian oil company Eni said on Friday that the production capacity of Egypt’s giant Mediterranean Zohr gas field…