crude oil prices | Egypt Oil & Gas
OPEC’s Crude Output Disrupted in July
Production of the Organization of Petroleum Exporting Countries’ (OPEC) was disrupted in July by militant attacks in Nigeria and political unrest in Libya, according to Bloomberg. The output of the 13 establishe...
Oman Revises Petrol, Diesel Prices
Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March, Gulf News reported. The price of super grade petrol M95 is set at 145 baiza per liter and regular petrol M...
Iraq’s Oil Exports Fall Below Planned Levels in February
Iraq’s Oil Ministry stated that its crude exports declined to an average of 3.225mb/d in February, far below levels planned to provide the nation with badly needed cash for ongoing military operations against Islamic ...
Nigerian President: Oil Prices ‘Totally Unacceptable’
Nigeria’s President Muhammadu Buhari said the OPEC cartel needs to take action to stabilize the oil market because crude prices have fallen down to “totally unacceptable” levels, Reuters reported. Th...
Crude Oil Prices Decline over China’s Economic Slowdown
Global crude oil prices continue dropping to record low, with Brent down at $32.62 per barrel and US West Texas Intermediate (WTI) as low as $32.36, amid China’s emerging economic slowdown and continuous overpro...
Oman to Boost Production for Expected Oil Price Rise
Oman, the biggest Middle Eastern oil producer that’s not a member of OPEC, is boosting crude output to as much as possible with the global price rout over, Salim Al Aufi, undersecretary of the oil and gas ministry, sa...
NYMEX-U.S. crude drops toward $97 on oil stocks data
U.S. crude oil prices slipped towards $97 a barrel on Thursday as a larger-than-expected rise in crude oil stocks outweighed support from upbeat manufacturing data in China, the United States and Germany. FUNDAMENTALS...Page 1 of 1
