Tag: Oil

Oil prices fall amid OPEC+ deadlock over output cuts

The COVID-19 pandemic took its toll on oil prices in 2020. For…

Xinhua Xinhua

Crude oil prices drop as demand fears persist

The West Texas Intermediate for February delivery lost 61 cents to $47.62…

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Eni announces new oil discovery in Egypt’s Western Desert

A new exploration well as part of the Meleiha Concession has discovered…

Daily News Egypt Daily News Egypt

Warnings issued of environmental disaster after oil spill off Yemen coast

UN announces that Houthis would allow experts to inspect, repair oil tanker

Mohammed El-Said Mohammed El-Said

Oil prices climb on vaccine optimism, US crude inventories up last week

Many European countries and US states are tightening coronavirus restrictions. Analysts expect…

Xinhua Xinhua

Oil prices slip on the back of COVID-19 worries

Oil prices drop came amid a spike of new coronavirus infections in…

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Egypt, South Korea discuss boosting bilateral cooperation in oil, gas sector

They also discussed ways to develop cooperation between the two countries in…

Daily News Egypt Daily News Egypt

Al-Sisi urges more cooperation with Italy’s Eni in oil sector 

Egypt is important partner for Italian company's international activity, says Eni CEO…

Mohamed Abdel Meguid Mohamed Abdel Meguid

Oil price hike revives petrochemical companies’ performance in Q3 of 2020

SIDPEC among most prominent beneficiaries of oil price rise, given increased demand…

Alyaa Stohy Alyaa Stohy

Oil prices gain amid positive data

West Texas Intermediate for September delivery rose to $41.01 a barrel, while…

Xinhua Xinhua