Tag: Oil

Oil prices climb after Saudi Arabia pledges further output cuts

Oil prices have recently been boosted not only by hopes that demand…

Xinhua

Steel markets further hit following COVID-19, oil slump

Sector’s preliminary recovery also hindered following bad 2019, local market dynamics provide…

Daily News Egypt

US oil will not have impact Saudi economy: Saudi Experts

Oil market will improve after production reduction in line with OPEC plus…

Sarah El-Sheikh

US oil plummets below zero for first time, Brent declines to $26 a barrel

Decline proves market is not convinced by OPEC cuts, says former petroleum…

Mohamed Adel

Edison’s oil assets acquisition devalued to $600m after Algerian fields excluded

Procedures for purchasing Edison fields to be completed in 2020

Mohamed Adel

Draft 2020-2021 budget  sets oil price at $61per barrel

State employees’ wages to increase by 11.3%: Finance Minister

Hagar Omran

Oil drops below $25/barrel for first time since 2003

Increase in Saudi oil exports leads to excess supply, says Medhat Youssef

Mohamed Adel

Oil declines  22%  trading; KSA announces production increase

Global trade war and Coronavirus threaten oil markets: former petroleum minister

Mohamed Adel