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Business
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Energy
4/15/2022 1:09:59 PM
Egypt’s Fuel Automatic Pricing Committee (FAPC) raised on Friday fuel prices for various octanes by EGP 0.25 per litre - while keeping the price of diesel and mazut for strategic industries fixed - for the second quarter of the year that ends in June amid a global rise in oil prices.
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War in Ukraine
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Economy
4/5/2022 10:28:22 AM
Oil prices extended gains Tuesday on the prospect of further sanctions on Russia for alleged "atrocities" in some occupied Ukrainian cities, while equities edged up after a rally in New York and Europe.
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Business
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Economy
3/28/2022 12:35:28 PM
Global shares are mostly higher and oil prices have fallen after Shanghai went into a nine-day semi-lockdown.
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War in Ukraine
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Economy
3/22/2022 9:52:36 AM
Oil prices extended their rally Tuesday on supply worries as European leaders debated banning imports from Russia, while equities advanced despite a tepid Wall Street lead and the prospect of a sharper hike in US interest rates.
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War in Ukraine
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Economy
3/21/2022 3:58:54 PM
Oil prices rallied Monday on renewed supply fears as the EU debates banning Russian crude imports and following a weekend attack on Saudi facilities.
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World
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Region
3/21/2022 2:10:47 PM
Saudi Arabia says it “won't bear any responsibility for any shortage in oil supplies to global markets'' after attacks by Yemen's Iran-backed Houthi rebels affected the kingdom's production.
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Business
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Energy
3/18/2022 5:03:45 PM
The Egyptian cabinet raised on Thursday the prices of household and commercial butane gas cylinders by seven percent starting Friday - the second such increase since December amid a sharp rise in oil prices globally.
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War in Ukraine
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Economy
3/16/2022 12:36:12 PM
British Prime Minister Boris Johnson began lobbying Saudi Arabia and the United Arab Emirates to pump more oil to calm markets roiled by Russia's invasion of Ukraine as he met the Gulf states' leadership on Wednesday.
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War in Ukraine
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Economy
3/10/2022 12:13:30 PM
The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it would urge the oil cartel to boost output.
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World
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Region
3/8/2022 6:59:47 PM
Moroccan truck drivers are observing a three-day strike in protest at spiralling fuel costs, a union said Tuesday, as oil prices spike over Russia's war in Ukraine.
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War in Ukraine
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Economy
3/8/2022 11:53:50 AM
Asian markets fell further Tuesday, oil prices rallied again and nickel surged to above $100,000 as investors try to assess the impact of the Ukraine war on the world economy.
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World
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Region
3/7/2022 1:27:55 PM
The UN's top official for Libya on Monday called for lifting the production blockade at two oil fields including the country's largest, as oil prices soared to over $130 a barrel.
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War in Ukraine
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Economy
3/4/2022 1:28:36 PM
World shares declined and oil prices moderated Friday as investors assessed the deepening impact of Russia's invasion of Ukraine.
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Business
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Economy
3/3/2022 3:16:01 PM
Saudi energy giant Aramco's shares hit a record high for a second straight day on Thursday, as global oil prices surged after Russia's invasion of Ukraine.
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War in Ukraine
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Economy
3/1/2022 8:26:26 PM
World oil prices again soared Tuesday and European and US equities sank with investors unnerved by key crude producer Russia's attack on Ukraine.
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War in Ukraine
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Economy
2/24/2022 6:56:23 PM
US markets pointed toward a sharply lower open, following a global plunge in stocks and a surge in oil prices Thursday after Russian President Vladimir Putin launched military action in Ukraine, prompting Washington and Europe to vow sanctions on Moscow that may roil the global economy.
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Business
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Energy
2/24/2022 9:20:21 AM
Oil prices broke past $100 and safe havens surged while equities tumbled Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine, accelerating fears of a major war.
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Business
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Energy
2/22/2022 6:07:55 PM
Oil prices surged close to $100 per barrel Tuesday as major crude producer Russia prepared to send troops into two breakaway regions of Ukraine, sparking Western nations to ready economic sanctions against Moscow.
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Al-Ahram Weekly
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Egypt
2/1/2022 10:44:10 PM
Oil prices have hit seven-year highs with expectations of further rises, reports Ahmed Kotb
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World
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Region
1/18/2022 5:23:08 PM
Oil prices traded at the highest levels in more than seven years Tuesday, in part on hopes of a global economic recovery ramping up demand.
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