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Business
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Markets & Companies
5/23/2023 10:45:46 PM
Benchmark US crude oil for July delivery rose 86 cents to $72.91 a barrel Tuesday. Brent crude for July delivery rose 85 cents to $76.84 a barrel.
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Business
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Markets & Companies
4/22/2023 12:09:16 PM
Benchmark US crude oil for June delivery rose 50 cents to $77.87 a barrel Friday. Brent crude for June delivery rose 56 cents to $81.66 a barrel.
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Business
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Energy
4/3/2023 9:59:03 PM
The shock announcement by several OPEC+ members to voluntarily cut their oil production by more than a million barrels per day from May has sent world oil prices soaring, in a move widely seen as the tightening of the bond between Russia and Saudi Arabia.
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Business
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Energy
4/3/2023 11:24:04 AM
Oil prices soared Monday after top producers unveiled a shock output cut of more than a million barrels per day, while equities mostly rose after data showed US and European inflation eased further last month.
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Business
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Markets & Companies
3/27/2023 11:58:00 PM
Benchmark US crude oil for May delivery rose $3.55 to $72.81 a barrel Monday. Brent crude for May delivery rose $3.13 to $78.12 a barrel.
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Business
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Markets & Companies
3/16/2023 10:18:33 PM
Benchmark US crude oil for April delivery rose 74 cents to $68.35 a barrel Thursday. Brent crude for May delivery rose $1.01 to $74.70 a barrel.
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Business
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Markets & Companies
3/15/2023 11:03:15 PM
Shares of US lenders endured another walloping Wednesday on worries of more bank failures, although the Nasdaq eked out a gain following assurances from the Swiss central bank about Credit Suisse.
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Business
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Energy
3/15/2023 9:41:26 AM
Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from the United States for refusing to ramp up production to keep oil prices down as Russia continues to mount its offensive in Ukraine.
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Business
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Economy
3/12/2023 11:24:40 AM
Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter.
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Business
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Markets & Companies
3/6/2023 10:35:07 PM
Benchmark US crude oil for April delivery rose 78 cents to $80.46 a barrel Monday. Brent crude for May delivery rose 35 cents to $86.18 a barrel.
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Al-Ahram Weekly
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Egypt
2/18/2023 10:12:00 AM
Plans are afoot to reduce imports of cooking oil by increasing local production.
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Business
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Economy
2/10/2023 2:13:46 PM
Russia will reduce its oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday.
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Business
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Markets & Companies
1/17/2023 11:00:59 PM
Benchmark US crude oil for February delivery rose 32 cents to $80.18 a barrel Tuesday. Brent crude for March delivery rose $1.46 to $85.92 a barrel.
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Business
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Markets & Companies
1/10/2023 10:35:01 PM
Benchmark US crude oil for February delivery rose 49 cents to $75.12 a barrel Tuesday. Brent crude for March delivery rose 45 cents to $80.10 a barrel.
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Business
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Economy
1/5/2023 11:09:20 AM
Asian markets rose Thursday, led by Hong Kong after the city's traders extended an impressive start to the year thanks to optimism over China's reopening and officials there making key policy changes to encourage investment.
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Business
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Economy
1/4/2023 10:54:10 PM
Benchmark US crude oil for February delivery fell $4.09 to $72.84 a barrel Wednesday. Brent crude for March delivery fell $4.26 to $77.84 a barrel.
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Business
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Energy
1/4/2023 9:55:32 PM
Global oil prices plunged Wednesday over China demand concerns and European gas prices sank to their lowest levels since November 2021 as mild winter weather reduced demand.
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Business
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Economy
1/3/2023 11:12:48 PM
Benchmark US crude oil for February delivery fell $3.33 to $76.93 a barrel Tuesday. Brent crude for March delivery fell $3.81 to $82.10 a barrel.
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Business
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Markets & Companies
12/27/2022 11:26:14 PM
Benchmark US crude oil for February delivery fell 3 cents to $79.53 a barrel Tuesday.
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Business
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Markets & Companies
12/21/2022 10:29:59 PM
Benchmark US crude oil for February delivery rose $2.06 to $78.29 a barrel Wednesday. Brent crude for February delivery rose $2.21 to $82.20 a barrel.
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