Egypt's gold prices fall on July 31st    Egypt signs new exploration deal with Eni, BP    Sterling set for sharpest monthly drop since 2022    Germany says process towards recognition of Palestinian state 'must now begin'    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt's Electricity Ministry says new power cable for Giza area operational    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    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    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 Webb Jennifer Tan Reuters
Saudi's Naimi shifts up to $70-$90 price range
SINGAPORE: Top oil exporter Saudi Arabia on Monday shifted upwards from a price it has backed for around two years, saying oil at between $70 and $90 a barrel was comfortable for consumers. Until now, Saudi Oil Minister Ali Al-Naimi had said the (...)

02 - 11 - 2010
UAE Crescent, Russia Rosneft team up for energy JVs
DUBAI: The UAE's Crescent Petroleum has teamed up with Russia's state-run oil producer Rosneft to purse oil and gas deals in the Middle East and North Africa, Crescent said in a statement on Wednesday. Rosneft pumps over a fifth of Russia's oil, (...)

19 - 05 - 2010
Oil unlikely to fall to $65: snr OPEC delegate
DOHA: The impact from the Greek debt crisis will be "limited" and oil prices are unlikely to fall below $65 a barrel, a senior OPEC delegate from the Gulf Arab region said on Sunday. Oil at below $65 a barrel would be too low to encourage (...)

09 - 05 - 2010
Arab oil ministers meet after price fall
DUBAI: Arab oil ministers gathering in Qatar have crude prices where they want them even after a more than 10 percent fall driven by concern other European nations could suffer a debt crisis similar to that of Greece. OPEC-members attending an (...)

07 - 05 - 2010
Kuwait, Saudi boost Neutral Zone oil capacity
KUWAIT: Saudi Arabia and Kuwait have boosted output capacity from their shared Neutral Zone to 610,000 barrels per day from around 550,000 bpd, a Kuwait oil official said on Tuesday. But the two OPEC producers have drawn back from long-term plans (...)

28 - 04 - 2010
Dana Gas targets 20 pct boost in Egypt output
ABU DHABI: The Egyptian unit of the UAE s Dana Gas is targeting a boost of about 20 percent in oil and gas output this year, the unit s president said on Monday. That s an ambitious plan, but that could be done this year, Hany Elsharkawi told (...)

01 - 02 - 2010
OPEC to eye economic stimulus, not just oil supply
VIENNA: OPEC ministers meeting in Vienna this week were expected to keep supply targets intact and instead rely on hoped-for economic growth to sustain oil prices. The oil market rose towards $69 a barrel on Monday after Group of 20 finance (...)

09 - 09 - 2009
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