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Business
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Markets & Companies
4/22/2024 5:18:19 PM
Major stock markets mostly rallied Monday and oil prices retreated as Middle East worries subsided and traders looked ahead to the release of key US inflation data and corporate earnings.
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World
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Region
4/22/2024 9:52:10 AM
Turkish President Recep Tayyip Erdogan is due Monday in neighbouring Iraq for his first state visit there in years, with water, oil and regional security issues expected to top the agenda.
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Business
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Economy
4/19/2024 7:00:51 PM
Reports Israel had carried out strikes against Iran rattled markets on Friday, with prices of oil, gold and equities seesawing during the trading session.
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Business
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Economy
4/18/2024 6:51:07 PM
The war in Gaza, Red Sea shipping disruptions, and oil production cuts have exacerbated the high debt and the elevating borrowing cost issues in the Middle East and North Africa (MENA) region, including Egypt, the International Monetary Fund said on Thursday.
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Business
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Economy
4/16/2024 10:39:21 PM
Benchmark US crude oil for May delivery fell 5 cents to $85.36 per barrel Tuesday. Brent crude for June delivery fell 8 cents to $90.02 per barrel.
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Business
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Markets & Companies
4/16/2024 6:50:21 PM
Oil prices have failed to soar even after major crude producer Iran attacked Israel with drones and missiles, risking wider conflict in the crude-rich Middle East.
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Business
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Economy
4/16/2024 9:53:36 AM
Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented retaliatory offensive on his country at the weekend.
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Business
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Markets & Companies
4/15/2024 10:12:43 PM
Benchmark US crude oil for May delivery fell 25 cents to $85.41 per barrel Monday. Brent crude for June delivery fell 35 cents to $90.10 per barrel.
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Business
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Energy
4/15/2024 2:13:12 PM
Egypt plans to build EGP 550 million solar power cells with 10-megawatt capacity at Assiut Oil Refining Company, the Ministry of Petroleum and Mineral Resources stated on Monday.
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Business
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Economy
4/4/2024 10:47:37 PM
Wall Street stocks finished sharply lower Thursday, reversing course on a rise in oil prices blamed on worries over the Middle East.
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World
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Region
4/4/2024 2:28:46 PM
Vote-weary Kuwait heads to the polls for the third time in three years on Thursday, just months into the reign of a new emir but with no end in sight to the major oil exporter's chronic political paralysis.
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Business
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Markets & Companies
4/2/2024 10:23:48 PM
Benchmark US crude oil for May delivery rose $1.44 to $85.15 per barrel Tuesday. Brent crude for June delivery rose $1.50 to $88.92 per barrel.
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Business
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Markets & Companies
4/2/2024 6:25:32 PM
Gold prices nailed another historic peak Tuesday and oil extended gains over rising tensions in the Middle East, while stocks wilted as traders worried whether the rally has run its course.
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Business
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Markets & Companies
4/1/2024 9:49:16 PM
Benchmark US crude oil for May delivery rose 54 cents to $83.71 per barrel Monday. Brent crude for June delivery rose 42 cents to $87.42 per barrel.
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World
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Africa
3/31/2024 8:35:08 PM
Delicately and with intense concentration, Zanyiwe Ncube poured her small share of precious golden cooking oil into a plastic bottle at a food aid distribution site deep in rural Zimbabwe.
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World
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Region
3/27/2024 2:17:57 PM
The Philippines said Wednesday that Iran has freed all 18 Filipino crew members of an oil tanker that was seized in the Gulf of Oman in January.
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Business
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Markets & Companies
3/26/2024 10:35:52 PM
Benchmark US crude oil for May delivery fell 33 cents to $81.62 per barrel Tuesday. Brent crude for May delivery fell 50 cents to $86.25 per barrel.
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Business
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Energy
3/26/2024 8:25:05 PM
Egypt's Minister of Petroleum Tarek El-Molla witnessed on Tuesday the signing of two agreements for oil exploration and production in the Gulf of Suez.
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Business
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Markets & Companies
3/25/2024 10:45:03 PM
Benchmark US crude oil for May delivery rose $1.32 to $81.95 per barrel Monday. Brent crude for May delivery rose $1.32 to $86.75 per barrel.
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Business
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Markets & Companies
3/20/2024 10:02:34 PM
Benchmark US crude oil for April delivery fell $1.79 to $81.68 per barrel Wednesday. Brent crude for May delivery fell $1.43 to $85.95 per barrel.
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