Saudi-Russia Price War Extends to European Theatre

• Sunday, 18th October 2015
• by Egypt Oil & Gas

Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discounting, reported Reuters. “I’m buying less and less Russian crude for my...

Eastern Europe Basks in a Recovery Fuelled by Oil

• Thursday, 11th June 2015
• by Egypt Oil & Gas

Sandwiched between a stuttering eurozone and a recession-ridden Russia and Ukraine, and with the troubled Turkey and Greece to their south, eastern Europe’s economies might not seem, in a literal sense, to be in a goo...