Oil falls | Egypt Oil & Gas

Lianzi Field’s Oil Output Declined to 23,000b/d

The oil production at the Lianzi field, as result from a shared agreement between Angola and Congo Brazzaville, dropped from 31,000b/d to 23,000b/d.

Oil falls on economic, demand concerns

Friday, pressured by economic uncertainty ahead of a possible debt deal in Greece, concerns about China's sluggish manufacturing sector and weak U.S. petroleum demand.

Oil Falls to Lowest Level in Three Weeks on Plans to Delay Iranian Embargo

Oil dropped to a three-week low after two European Union officials said an embargo on Iranian crude imports may be postponed for six months.

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