Tag: Oil

Oil prices jump $0.90 per barrel, following Aramco pipeline, two Saudi oil tankers attacks

Political moves resulting from these attacks will affect oil market, says expert

Mohamed Adel

Saudi oil-pumping stations attacked by drones

Houthi-run Al-Masirah TV cited military official saying seven drones staged attacks on…

Daily News Egypt

Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum

Renewal is essential to secure subsidy allocations from price changes, says El-Molla

Mohamed Adel

Oil jumps to $73.60 as US announces return of sanctions on Iran

An oil barrel will cost $75 before end of this month..,hedging will…

Mohamed Adel

United Energy Group acquires Kuwait Energy for $650m

Shalakany acted as sole buy side legal advisor for all Egyptian assets…

Daily News Egypt

Oil price exceeds $70 per barrel due to clashes in Tripoli

We cannot predict oil price due to political fluctuations, says OPEC

Mohamed Adel

Oil price increases to $67.60 supported by extending production cuts for June, US sanctions

Fair oil price in international markets is $60 per barrel, says EGPC’s…

Mohamed Adel

Libya’s oil production rises to 6-year high putting pressure on OPEC deal

Brent crude oil prices stand at $66.37 per barrel in Monday trading…

Mohamed Samir

Petroleum Ministry to launch 3 oil, gas exploration tenders in 2019: El-Molla

The Ministry of Petroleum and Mineral Resources aims to launch three international…

Mohamed Adel

As EGYPS kicks-off, how will oil prices fluctuations affect Egypt?

Brent crude settles at $62, uncertainty clouds markets, global investments in oil…

Mohamed Adel