Tag: Oil

Kuwait emir says ‘old concepts’ must change, urges reform

The emir's announcement comes a day after the government said it planned…

Daily News Egypt

Oil-rich Kuwait warns welfare state unsustainable

The programme up to the 2016/2017 fiscal year aims to review subsidies,…

Daily News Egypt

Oil hits 3-month low as market awaits delayed US data

It later stood at $99.95, down 86 cents compared with Friday's close.

Daily News Egypt

Second stage of smartcard programme in the works: petroleum minister

Second stage implementation will follow delivery of smartcards to citizens and data…

Daily News Egypt

Saudi ready to cover any global oil shortage: minister

Officials from Iraq, the second largest producer in oil cartel OPEC, were…

Daily News Egypt

Oil prices slide on easing Middle East concerns

New York's main contract, West Texas Intermediate, for November sank to $103…

Daily News Egypt

One dead in Sudan protests over oil price hikes

Hundreds of demonstrators took to the streets of Wad Madani in Al-Jazeera…

Daily News Egypt

Morocco hikes fuel prices in bid to fix state finances

The government is scrambling to limit the impact of oil price fluctuations…

Daily News Egypt

Oil prices rebound from heavy losses

The oil market had plunged by more than two dollars on Tuesday,…

Daily News Egypt

Oil prices retreat from Syria-fuelled highs

New York's main contract, West Texas Intermediate (WTI) for October, fell 63…

Daily News Egypt