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"Oil prices"

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Business - Energy
8/3/2022 3:59:09 PM
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high oil prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine.

Business - Economy
7/18/2022 3:58:29 PM
Crude oil prices have been declining over the past two weeks, dropping to below $100 per barrel, as fears about the recovery of demand mount, stated the Oil Market Monthly Report, published by Kamco Invest, a UAE-based investment strategy and research firm.

World - Region
7/16/2022 9:51:39 AM
US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour.

Business - Economy
7/13/2022 2:36:00 PM
Egypt’s Fuel Automatic Pricing Committee (FAPC) raised on Wednesday fuel prices for various octanes by EGP 0.5 to EGP 1 per litre, keeping the price of mazut for electricity and food industries fixed, for the third quarter of the year due to the global rise in oil prices.

War in Ukraine - Economy
7/13/2022 12:13:48 PM
With thousands of sanctions already imposed on Russia to flatten its economy, the U.S. and its allies are working on new measures to starve the Russian war machine while also stopping the price of oil and gasoline from soaring to levels that could crush the global economy.

World - International
6/30/2022 12:27:21 PM
Oil prices are high, and drivers are paying more at the pump. But the OPEC oil cartel and allied producing nations may not be much help as they decide Thursday how much more crude to send to world markets.

War in Ukraine - Economy
6/27/2022 1:50:25 PM
G7 nations on Monday ratcheted up economic pressure against Moscow with progress in talks on capping Russian oil prices and new sanctions hobbling Russia's defence industry.

War in Ukraine - Economy
6/13/2022 12:05:07 PM
India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase their purchases, as the European Union and other allies cut off energy imports from Russia in line with sanctions over its war on Ukraine.

War in Ukraine - Economy
6/2/2022 12:43:02 PM
The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting inflation.

Business - 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.

War in Ukraine - 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.

Business - 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.

War in Ukraine - 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.

War in Ukraine - 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.

World - 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.

Business - 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.

War in Ukraine - 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.

War in Ukraine - 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.

World - 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.

War in Ukraine - 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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