oil

Egypt to receive one million barrels of Basra light oil within days: ambassador
Business

Egypt to receive one million barrels of Basra light oil within days: ambassador

Iraqi Ambassador to Cairo Habib al-Sadr said an agreement has been signed to export one million barrels of Basra’s light…
Stocks, oil, gold start 2017 on firm footing, US dollar resumes climb
Business

Stocks, oil, gold start 2017 on firm footing, US dollar resumes climb

Global markets marched confidently into 2017 on Tuesday, with Asian stocks extending gains after European shares surged to their highest…
Oil falls on firm dollar, profit-taking ahead of holidays
Business

Oil falls on firm dollar, profit-taking ahead of holidays

Oil prices slipped on Friday in thin Asian trade ahead of the Christmas and New Year holidays, eroding some of…
Oil price eases to US$55 per barrel on stronger dollar
Middle East

Oil price eases to US$55 per barrel on stronger dollar

Oil prices edged down on Monday due to a renewed dollar rally but were still supported at levels of around…
Saudis order oil cuts to US, Europe before non-OPEC talks
Middle East

Saudis order oil cuts to US, Europe before non-OPEC talks

Saudi Arabia has told its U.S. and European customers it will reduce oil deliveries from January as Russia signaled that…
Oil rallies over $50 despite OPEC output cut doubts
Business

Oil rallies over $50 despite OPEC output cut doubts

Oil prices recovered above US$50 a barrel on Thursday, bouncing back from the week's lows as the dollar weakened against…
OPEC to meet non-OPEC producers on December 10 in Vienna: sources
Business

OPEC to meet non-OPEC producers on December 10 in Vienna: sources

OPEC will meet non-OPEC countries to finalize a global oil limiting pact on December 10 in Vienna, two sources told…
Egypt accepts six bids for oil and gas exploration
Business

Egypt accepts six bids for oil and gas exploration

Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the…
Oil prices, US dollar leap on OPEC deal news
Business

Oil prices, US dollar leap on OPEC deal news

Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a recent…
Saudi Arabia wants OPEC to solve own problems before meeting non-OPEC
Business

Saudi Arabia wants OPEC to solve own problems before meeting non-OPEC

Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC…
Back to top button