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Business
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Markets & Companies
5/9/2023 10:13:31 AM
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
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Business
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Markets & Companies
5/8/2023 11:35:50 PM
Benchmark US crude oil for June delivery rose $1.82 to $73.16 a barrel Monday. Brent crude for July delivery rose $1.71 to $77.01 a barrel.
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Egypt
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Urban & Transport
5/8/2023 2:17:59 PM
Egypt said it is exempting the ship that will be involved in the salvage operation of the FSO Safer oil supertanker off the Yemeni coast on the Red Sea from transit fees charged for navigating through the Suez Canal.
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Business
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Economy
5/4/2023 10:28:31 PM
Benchmark U.S. crude oil for June delivery fell 4 cents to $68.56 a barrel Thursday. Brent crude for July delivery rose 17 cents to $72.50 a barrel.
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World
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War in Ukraine
5/4/2023 2:21:32 PM
Kyiv and Moscow reported drone attacks Thursday including two that sparked fires in Russian oil refineries, as Ukrainian President Volodymyr Zelensky visited The Hague to lobby for more support.
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Business
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Economy
5/4/2023 1:25:30 AM
The Fuel Automatic Pricing Committee (FAPC) raised on Wednesday diesel prices by EGP 1 to 8.25 Egyptian pounds and maintained the prices of all the other gasoline prices.
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Business
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Economy
5/3/2023 10:57:01 PM
Benchmark US crude oil for June delivery fell $3.06 to $68.60 a barrel Wednesday. Brent crude for July delivery fell $2.99 to $72.33 a barrel.
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World
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Region
5/3/2023 12:23:14 PM
Iran seized a Panama-flagged oil tanker in the Strait of Hormuz on Wednesday, the second-such capture by Tehran in recent days, the U.S. Navy said.
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World
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Region
5/3/2023 10:11:06 AM
The presidents of Iran and Syria signed Wednesday a series of long-term cooperation agreements on oil and other sectors to bolster economic ties between the two allies.
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Business
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Markets & Companies
5/2/2023 10:36:21 PM
Benchmark US crude oil for June delivery fell $4 to $71.66 a barrel Tuesday. Brent crude for July delivery fell $3.99 to $75.32 a barrel.
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Business
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Markets & Companies
5/1/2023 10:44:47 PM
Benchmark US crude oil for June delivery fell $1.12 to $75.66 a barrel Friday. Brent crude for July delivery fell $1.02 to $79.31 a barrel.
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World
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Region
4/28/2023 6:26:03 PM
Masked Iranian navy commandos conducted a helicopter-borne raid to seize a U.S.-bound oil tanker in the Gulf of Oman, footage aired by Iran's state television showed Friday.
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Business
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Markets & Companies
4/27/2023 10:01:35 PM
Benchmark US crude oil for June delivery rose 46 cents to $74.76 a barrel Thursday. Brent crude for June delivery rose 68 cents to $78.37 a barrel.
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World
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Region
4/27/2023 3:27:40 PM
Iran's Islamic Revolutionary Guard Corps seized an oil tanker in the Gulf of Oman on Thursday, the US Navy said, in the latest such incident in the commercially vital seaway.
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Business
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Energy
4/25/2023 10:55:44 PM
Benchmark U.S. crude oil for June delivery fell $1.69 to $77.07 a barrel Tuesday. Brent crude for June delivery fell $1.96 to $80.77 a barrel.
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World
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Region
4/25/2023 5:49:09 PM
A US-brokered ceasefire between Sudan's warring generals brought some calm to the capital on Tuesday, but witnesses reported fresh air strikes and paramilitaries claimed to have seized a major oil refinery and power plant.
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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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Markets & Companies
4/20/2023 10:24:09 PM
Benchmark U.S. crude oil for May delivery fell $1.87 to $77.29 a barrel Thursday. Brent crude for June delivery fell $2.02 to $81.10 a barrel.
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Business
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Markets & Companies
4/19/2023 11:28:03 PM
Benchmark US crude oil for May delivery fell $1.70 to $79.16 a barrel Wednesday. Brent crude for June delivery fell $1.65 to $83.12 a barrel.
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Business
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Markets & Companies
4/18/2023 10:25:58 PM
Benchmark US crude oil for May delivery rose 3 cents to $80.86 a barrel Tuesday. Brent crude for June delivery rose 1 cents to $84.77 a barrel.
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