Tag: crude

Oil prices hike after EU leaders agree to ban most Russian crude imports

The President of the European Council said that the decision would immediately…

Daily News Egypt Daily News Egypt

Oil prices slip on the back of COVID-19 worries

Oil prices drop came amid a spike of new coronavirus infections in…

Xinhua Xinhua

Oil prices gain after US inventories drop

Oil prices also got a lift from weak US dollar as there…

Xinhua Xinhua

Egypt increases crude imports from Kuwait

Extra 500,000 barrels per month to be supplied for refineries

Mohamed Adel Mohamed Adel

Brent price decrease drives down subsidies in FY 2014/2015 budget to approximately EGP 55bn

Fuel oil, which is supplied into markets, is currently not subsidised, says…

Mohamed Adel Mohamed Adel

Continuing decline in Brent prices positively impacts Egyptian economy

“We will not increase fuel imports because the financial resources are not…

Mohamed Adel Mohamed Adel

Elite Libya unit boosts rogue general’s Islamist hunt

Gunmen stormed the GNC in southern Tripoli on Sunday, two days after…

Daily News Egypt Daily News Egypt

Brent rises on tight supply; heating oil gains

US oil fell, pressured by weak manufacturing data attributed to the cold…

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Oil down on China worries, US stockpiles buildup

President Xi Jinping on Friday said China, the world's second largest economy…

Daily News Egypt Daily News Egypt