crude oil prices | Egypt Oil & Gas

Angola Reaches Highest Oil Revenue in 16 Months

Angola reported $950m in crude oil export revenues for January, the highest in 16 months.

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.

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. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.

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.

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 overproducti ...

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, said.

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.

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