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"Oil prices"

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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.

Business - Economy
10/20/2023 4:03:10 PM
Stock markets slid and oil prices jumped Friday on worries that an expected ground invasion of Gaza by Israel would spark a wider conflict in the crude-rich Middle East.

Business - Energy
10/18/2023 3:30:30 PM
Oil prices rallied and global stocks mostly fell Wednesday on fears that the Israel-Hamas war could spill over into a regional war after the Israeli massacre at Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.

Business - Economy
10/17/2023 6:01:50 PM
US and European stock markets mostly fell and oil prices rose on Tuesday as US President Joe Biden prepared for a trip to the Middle East aimed at preventing the Israeli escalation against Gaza from creating a regional war.

Business - Economy
10/9/2023 10:04:48 AM
Oil prices rallied while the dollar and yen advanced Monday as Israeli forces bombarded Gaza after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.

Business - Economy
10/4/2023 5:00:50 PM
An OPEC+ panel recommended Wednesday that the oil cartel keep its current output reduction strategy unchanged after heavyweights Saudi Arabia and Russia vowed to maintain their cuts to prop up prices.

Business - Economy
9/29/2023 12:38:30 PM
Inflation that has been plaguing Europeans made a marked decline in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs.

Business - Economy
9/28/2023 9:49:45 AM
US oil prices closed at their highest level in more than a year late Wednesday on a mixed day for global equities as the dollar continued its upward climb.

World - War in Ukraine
9/27/2023 10:00:39 AM
The European Bank for Reconstruction and Development on Wednesday said it expected Russia's economy to grow in 2023 thanks to rising oil prices, having forecast a contraction earlier this year.

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