Nigeria endorses El-Anany for UNESCO amid closer economic links with Egypt    Roche helps Egypt expand digital pathology and AI diagnostics    Egypt's residential property prices soar up to 30% in H1 2025    Cairo Capital Developments delivers first phase of Lake West 1    Al-Sisi meets US CENTCOM chief to discuss military ties, Gaza ceasefire    SCO partnership supports Egypt's modernization, regional stability: Chinese ambassador    New massacre of aid seekers in Gaza amid escalation, worsening starvation crisis    Golden View launches TO-GTHER mixed-use project in New Cairo    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt exports 175K tons of food in one week    Egyptian pound shows stability in Sunday trading    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt's Health Minister reviews upgrades at Gustave Roussy Hospital    Giza Pyramids' interior lighting updated with new LED system    Sandoz Egypt introduces OMNITROPE 15mg biosimilar growth hormone for the treatment of short stature    Egypt's EHA, Huawei discuss enhanced digital health    Egypt's EDA explores pharma cooperation with Belarus    Egypt expresses condolences to Iraq over fire tragedy    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Barbara Lewis Reuters
Oil falls, awaits US jobs data, storm
LONDON: Oil futures fell on Friday as the market nervously awaited US jobs data for new evidence on whether the world's largest crude consumer can avoid recession. A storm blowing off the US Gulf of Mexico provided modest price support after (...)

02 - 09 - 2011
Oil falls $2 after US jobs data
LONDON: Oil futures dropped more than $2 on Friday after data showed US job growth had ground to a halt, adding to evidence of economic weakness that could limit fuel demand in the world's biggest crude consumer. By 1309 GMT, Brent was trading (...)

02 - 09 - 2011
Economic pain pushes Brent below $106
LONDON: Brent crude fell below $106 on Friday, extending the previous session's plunge after weak economic data added to expectations the world could be heading into a double-dip recession that would sap oil demand. Brent was trading at $105.75 a (...)

19 - 08 - 2011
Water rights trade to help quench world thirst
LONDON: Markets in water rights are likely to evolve as a rising population leads to shortages and climate change causes drought and famine. But they will be based on regional and ethical trading practices and will differ from the bulk of (...)

14 - 08 - 2011
Oil firm says business as usual in Syria for now
LONDON: Escalating violence in Syria has targeted oil-related facilities, but for now foreign firms are doing business as usual in a nation whose economy is reliant on crude, said a director at British oil explorer Gulfsands Petroleum. "The (...)

03 - 08 - 2011
World oil demand to strain supply in 2012: IEA
LONDON: World oil demand growth will accelerate next year, adding to the pressure on available supplies, the International Energy Agency said on Wednesday, contradicting a more conservative outlook from producer group OPEC. In its first 2012 (...)

13 - 07 - 2011
Oil above $122, market monitors Libya conflict
LONDON: Oil bounced back above $122 on Wednesday, partly reversing a deep sell-off, as talks on Libya opened up divisions among foreign powers seeking a solution to violence that has racked the OPEC member. Wednesday's gains followed a two-day (...)

13 - 04 - 2011
Oil climbs above $92, anticipates economic growth
LONDON: Oil extended a rally above $92 a barrel on Monday, spurred by expectations economic recovery will fuel energy demand and as market bulls set their sights on $100 a barrel. US crude was trading 70 cents higher at $92.08 a barrel by 1325 (...)

03 - 01 - 2011
OPEC caution on output may help bring back $100 oil
LONDON: Oil has burst above top exporter Saudi Arabia's preferred $70-$80 range and yet OPEC is unlikely to stop the rally, helping to prepare the way for the market to bound above $100 a barrel. At meetings this month — a full conference of the (...)

30 - 12 - 2010
Familiar faces to guide Iraq's oil future
LONDON/BAGHDAD: News Iraq's oil minister has been promoted and his deputy has his old job provides a degree of certainty for foreign firms anxious contracts will be honored and could leave the most intractable issues unresolved. Named on Tuesday (...)

22 - 12 - 2010
OPEC differ on need for more oil supply
LONDON: Two of the world's most influential oil forecasters gave contrasting outlooks for 2011 on Friday, with the consumer's watchdog anticipating robust demand and producer group OPEC saying supply was adequate. The International Energy Agency, (...)

10 - 12 - 2010
How daunting is the Iraq energy challenge?
LONDON: Iraq signed deals with international oil companies following auctions last year that could in theory take its oil capacity to 12 million barrels per day (bpd) in seven years' time. But security problems, inadequate infrastructure and (...)

29 - 10 - 2010
Oil above $74 on dollar, down 14 pct in May
LONDON: Oil rose above $74 on Monday in line with a timid recovery across financial markets, but was set for its biggest monthly loss in 18 months after European economic crisis raised the prospect of reduced fuel demand. Although still under (...)

31 - 05 - 2010
Peak oil man shifts focus to peak price, demand
BALLYDEHOB: The economic shock of global recession has led a prime exponent of the theory conventional oil output has peaked to shift his view of the consequences, but he still thinks the world has to go green. Retired petroleum geologist Colin (...)

06 - 04 - 2010
Oil dips below $81, skeptical on economy
LONDON: Oil prices slipped back below $81 a barrel on Friday after skepticism the economic recovery was robust enough to spur a convincing rise in fuel demand quelled the appetite to extend this week s powerful rally. US crude futures have (...)

23 - 10 - 2009
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