Egypt’s administrative court bans imports of Russian wheat with traces of fungus
Egypt's administrative court on Tuesday banned Russian imports of wheat that contain traces of ergot fungus…
Browsing Tag
supply
Brent oil near 2-year highs as OPEC’s compliance with cuts improves
Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with…
Oil markets stable on tighter US market, expected extension of OPEC supply cuts
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and…
Oil rises after Iraq signals possible OPEC cut extension
Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering…
S&P ends at record high led by banks while Apple drags
The S&P 500 hit a record closing high for the second day in a row on Tuesday, with financial stocks leading…
Libya’s biggest oil field expected to reopen Wednesday after deal
Libya’s largest oil field is due to reopen on Wednesday after a forced closure of more than two weeks, putting…
AfDB approves $55 mln loan for three solar flagships in Egypt
African Development Bank (AfDB) has approved three senior loans for a total amount of $55 million to finance…
U.S. crude rises, gasoline falls as refineries restart
U.S. oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that…
Oil falls for third day as doubts over OPEC cuts linger
Crude futures fell for a third day in early Asian trading as the market shrugged off a bigger than expected fall…
Amer: Egyptian pound strengthens due to market supply, demand mechanism
The pound’s rally against the dollar in the few past days was due to the market’s supply and demand mechanism…
