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" oil prices"

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World - Region
7/11/2024 4:14:47 PM
The International Energy Agency trimmed its forecasts Thursday as it said world oil demand growth continues to slow and consumption in China dipped.

Business - Economy
6/3/2024 6:02:35 PM
Oil prices fell Monday as the OPEC+ group of major crude producers signaled they would start to unwind output cuts later this year.

Business - Economy
6/2/2024 12:37:25 PM
Saudi Arabia and allied oil producing countries face a decision Sunday on whether to extend production cuts set to expire next month — a move that could push oil prices higher as the summer travel season increases demand for fuel and as the U.S. presidential election contest heats up.

Business - Markets & Companies
5/28/2024 7:57:17 PM
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week.

Business - Markets & Companies
4/22/2024 5:18:19 PM
Major stock markets mostly rallied Monday and oil prices retreated as Middle East worries subsided and traders looked ahead to the release of key US inflation data and corporate earnings.

Business - Markets & Companies
4/16/2024 6:50:21 PM
Oil prices have failed to soar even after major crude producer Iran attacked Israel with drones and missiles, risking wider conflict in the crude-rich Middle East.

Business - Economy
4/16/2024 9:53:36 AM
Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented retaliatory offensive on his country at the weekend.

Business - Economy
4/4/2024 10:47:37 PM
Wall Street stocks finished sharply lower Thursday, reversing course on a rise in oil prices blamed on worries over the Middle East.

Al-Ahram Weekly - Economy
2/12/2024 10:33:00 AM
The second hike in cooking oil prices has taken place in less than a month, this time by at least 50 per cent, reports Amira Hisham

Business - Economy
1/24/2024 3:58:52 PM
Crude oil prices are expected to fluctuate in 2024 as geopolitical tensions and supply factors pull the market in different directions, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Business - Markets & Companies
1/23/2024 11:21:51 PM
Benchmark US crude oil for March delivery fell 39 cents to $74.37 per barrel Tuesday. Brent crude for March delivery fell 51 cents to $79.55 per barrel.

Business - Economy
1/23/2024 3:38:14 PM
Stock markets diverged and oil prices retreated Tuesday as Chinese officials reportedly mull action to bolster its flagging economy.

Business - Energy
1/12/2024 7:31:29 PM
Oil prices surged four percent on Friday after US and UK forces launched strikes against Yemen's Houthis, fueling concerns about a wider conflict in the crude-rich region.

Business - Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Business - Energy
12/18/2023 10:52:42 PM
Oil prices shot up three percent Monday as more companies suspended shipping through the Red Sea following attacks on vessels by Yemen's Iran-backed Houthi rebels.

Business - Energy
11/22/2023 7:42:27 PM
Oil prices slumped Wednesday as traders took a delay to an OPEC+ summit meeting as a sign of possible discord, while European and US stocks rose on hopes of an end to the US Federal Reserve's interest rate-hiking cycle.

Business - Energy
11/15/2023 4:14:30 PM
Crude prices rallied this week after posting their steepest drop in over three months, rebounding on brighter consumption forecasts from OPEC and the International Energy Agency (IEA), according to a report by the Kuwaiti asset management company Kamco Invest on Wednesday.

Business - Markets & Companies
11/15/2023 12:33:18 AM
Benchmark US crude oil for December delivery was unchanged at $78.26 per barrel Tuesday. Brent crude for January delivery fell 5 cents to $82.47 per barrel.

War on Gaza - War on Gaza
11/7/2023 11:16:47 AM
Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and production cuts.

Business - Economy
10/30/2023 2:56:30 PM
The escalation of the war in Gaza is expected to have various implications for oil and other commodity markets, initially triggering a surge in oil prices and subsequently causing disruptions in other commodity sectors.

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