Oil prices

The Russian-Ukrainian crisis has posed challenges to us: Egypt’s Petroleum Ministry
Egypt

The Russian-Ukrainian crisis has posed challenges to us: Egypt’s Petroleum Ministry

The Egyptian Ministry of Petroleum and Mineral Resources on Sunday discussed plans to secure the local market’s needs for petroleum…
Gold prices jump unprecedentedly in Egypt, globally on Tuesday
Egypt

Gold prices jump unprecedentedly in Egypt, globally on Tuesday

Global gold prices jumped on Tuesday morning, unprecedentedly, followed by a rise in gold prices in Egypt. The price of…
Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund
Business

Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund

The Cabinet’s Information and Decision Support Center (IDSC) issued a statement on the 15th edition of the Arab Economic Outlook…
Fuel prices rise across Egypt as of Friday
Egypt

Fuel prices rise across Egypt as of Friday

The Ministry of Petroleum and Mineral Resources in Egypt announced an increase in the prices of gasoline and diesel by…
Egyptian gov’t raises fuel prices across Egypt on Friday
Egypt

Egyptian gov’t raises fuel prices across Egypt on Friday

On Friday, the Egyptian Ministry of Petroleum announced an increase in gasoline prices and fixed other fuel prices from July…
Saudi, UAE reach compromise to unlock more oil supply, says source
Middle East

Saudi, UAE reach compromise to unlock more oil supply, says source

DUBAI/LONDON, July 14 (Reuters) – Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an…
Oil nears three-year high after OPEC fireworks
Middle East

Oil nears three-year high after OPEC fireworks

LONDON, July 6 (Reuters) – Oil prices were heading towards three-year highs on Tuesday, towing petrocurrencies and bond yields with…
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
Middle East

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

DUBAI (Reuters) – Saudi Arabian state oil group Aramco on Tuesday reported a 44.6 percent drop in third-quarter net profit,…
Oman to impose value-added tax amid pandemic fallout
Middle East

Oman to impose value-added tax amid pandemic fallout

DUBAI, United Arab Emirates (AP) — Oman issued a royal decree on Monday that sets the stage for the sultanate…
Oil slips as demand concerns rise, Libya output looms
Middle East

Oil slips as demand concerns rise, Libya output looms

LONDON (Reuters) – Oil prices slipped on Monday amid concerns about a stalled global economic recovery and falling fuel demand,…
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