Egypt's Al-Mashat holds bilateral talks on sidelines of G20 meeting    State steps up efforts to streamline trade, digitise processes: Investment minister    Public enterprises minister reviews steps to restart carbon anode factory in Ain Sokhna after two-year hiatus    Culture minister launches national plan to revive film industry, modernise cinematic assets    Macron's plan to recognize Palestinian state, divides Western allies    Thailand, Cambodia clash on new front as tens of thousands flee    Egypt's FM delivers Al-Sisi message to Niger's leader, seeks deeper security ties    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    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 Simon Falush Reuters
Oil gains on supply fears, better data
LONDON: Threats to supply in Iran and Kazakhstan and stronger economic data lifted oil by nearly $2 on Tuesday, outweighing rumbling concerns on the euro zone debt crisis. Brent crude was $1.70 higher at $105.34 a barrel by 1307 GMT, after (...)

20 - 12 - 2011
Oil bounces as central banks take action
LONDON: Oil jumped on Wednesday after a coordinated move by central banks to address pressures in global money markets. Brent crude was up 75 cents to $1 to $111.57 by 1417 GMT. It earlier reached the day's high of $112.03. U.S. crude gained (...)

30 - 11 - 2011
World oil demand may be stronger than expected: IEA
LONDON: Global oil demand may be more robust than expected, even with a slowdown in economic growth in the United States and Europe, the chief economist of the International Energy Agency (IEA) said on Tuesday. Fatih Birol told Reuters on the (...)

11 - 10 - 2011
Oil gains ground as risk appetite recovers
LONDON: Brent crude rose on Wednesday as proposals from the European Commission to issue joint bonds reassured investors hoping for a resolution to the euro zone debt crisis. The move was muted, however, as uncertainty remained on the outlook for (...)

14 - 09 - 2011
Oil gains on Libya fighting, manufacturing data
LONDON: Brent crude held steady on Tuesday, supported by better than expected manufacturing data in Germany and China and by uncertainty in Libya where government loyalists staged a fight back. At 1103 GMT, Brent crude was up 18 cents to $108.54 (...)

23 - 08 - 2011
Oil down on Europe debt worries, China rate rise
LONDON: Brent crude fell over $1 on Wednesday as China raised interest rates and Moody's cut Portugal's credit rating to "junk" status, fuelling fears about the sustainability of global economic recovery. ICE Brent crude fell $1.02 to $112.59 a (...)

06 - 07 - 2011
Oil retreats on caution ahead of Fed meeting
LONDON: Oil fell on Wednesday, with investors cautious ahead of a US Federal Reserve meeting, and on lingering anxiety over the state of the euro zone, while gains in the dollar also weighed. Brent crude for August fell 29 cents to $110.66 a (...)

22 - 06 - 2011
Oil demand worry pressures oil, dollar supports
LONDON/NEW YORK: Oil fell by as much as $1 on Wednesday, as negative economic data clouded the demand outlook, although losses were contained by dollar weakness, US supply disruption and violence in the Middle East. Oil had already been hit after (...)

01 - 06 - 2011
Goldman Sachs forecast bolsters oil
LONDON: Oil rose more than $1 per barrel on Tuesday after Goldman Sachs raised its forecasts for North Sea Brent crude, citing strong fuel demand growth. The US investment bank raised its year-end forecast for Brent to $120 per barrel from $105 (...)

24 - 05 - 2011
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