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Business
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Energy
12/20/2021 12:12:01 PM
World oil prices fell by more than five percent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant.
In morning deals, Brent North Sea crude tumbled 5.1 percent to $69.79 per barrel and New York's West Texas Intermediate oil lost 5.7 percent to $66.84.
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World
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Region
12/13/2021 10:10:52 AM
Saudi Arabia approved its 2022 budget on Sunday, projecting a surplus for the first time since oil prices collapsed in 2014.
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World
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International
11/4/2021 10:36:00 PM
World food prices are the highest since July 2011, reflecting in part reduced wheat harvests by major exporters and higher palm oil prices, the United Nations' food agency said Thursday.
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Al-Ahram Weekly
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Economy
10/7/2021 4:51:00 PM
Al-Ahram Weekly sounds out experts on rising international oil prices and their effects in Egypt
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World
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Region
9/1/2021 6:48:58 PM
Oil prices were trading lower ahead of the meeting. The price of oil fell 1.6% to $67.40 per barrel on the New York Mercantile Exchange, while Brent crude, an international benchmark, fell 1.4% to $70.67 per barrel
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World
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Region
7/18/2021 2:41:58 PM
The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a 'full agreement' after an earlier dispute that roiled oil prices
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Business
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Economy
6/13/2021 3:49:45 PM
Fitch expected 2019 demand levels to return by 2024, while jet fuel will take longer to recover by 2026
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Al-Ahram Weekly
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Egypt
4/27/2021 9:26:16 PM
The prices of fuel products in Egypt have increased for the first time since 2019, reports Ahmed Kotb
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Business
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Economy
4/9/2021 7:20:04 PM
Nabar said that $1.9 trillion support package is expected to boost the level of US GDP by about five percent over 2021-2023 with significant spill overs to the rest of the world
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Business
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Economy
4/3/2021 12:07:32 PM
The rebound is set to come on the back of a faster than expected recovery in oil prices
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Business
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Economy
3/30/2021 1:27:05 PM
Oil prices fell as the Suez Canal opened up after days closed by a grounded supercarrier and focus turned to an OPEC+ meeting this week
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World
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Region
3/30/2021 10:01:41 AM
A government priority is to push through a debt law that would allow Kuwait to tap international markets to strengthen finances hit by low oil prices and the coronavirus pandemic
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Business
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Economy
3/29/2021 4:34:11 PM
The Suez Canal Authority said the Ever Given was back afloat and traffic resuming in one of the most important routes for global trade and crude shipments that had been shut for almost a week
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Business
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Economy
3/24/2021 2:45:00 PM
Brent crude rose by $1.75, or 2.9 percent, to $62.54 a barrel by 10:21 GMT
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World
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Region
3/14/2021 6:23:00 PM
He traveled to the United States on March 4, as his government is tackling a liquidity crunch caused by low oil prices and the coronavirus pandemic
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World
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Region
3/8/2021 12:59:53 PM
Brent crude, the international standard, surpassed $70 per barrel for the first time in over a year, gaining $1.14 to $70.47 a barrel. It surged $2.62 on Friday
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World
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Region
2/17/2021 5:18:09 PM
Saudi Arabia will not likely increase its oil output until April
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Business
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Economy
2/11/2021 12:16:17 PM
Dana said the impairment came amid a sharp decline in oil prices and negative effects as a result of the COVID-19 pandemic
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Business
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Economy
1/5/2021 6:09:35 PM
For MENA region, the report projected the economic activity to recover modestly to 2.1 percent in 2021, reflecting the lasting damage from the pandemic and low oil prices
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Business
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Economy
12/27/2020 12:51:13 PM
Fitch Solutions expects debt in Gulf States to rise sharply as efforts are elevated globally to transition to a green economy
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