Oil Prices | Egypt Oil & Gas - Part 34
Oil Prices Force Kuwait’s Hand Over Corporate Tax, Talking to IMF
Kuwait has sought help from the International Monetary Fund (IMF) to introduce corporate taxes in a bid to diversify revenue in the face of falling oil prices, a senior government official said.
Oil Oversupply Not Helping Old Tankers As Originally Anticipated
As tanker owners with aged VLCC tankers were looking for an opportunity in the scrap market, in order to send their vessels for demolition, the opportunity of floating storage plays rose, giving those older ship anot ...
Oil Prices Push Gulf Equity Markets Down, March Summit Push Egypt Stock Up
Gulf equity markets may stay depressed on Monday after oil prices extended losses and corporate news provided little encouragement
Saudi Advisor: Oil Prices to Stabilize, Supply-Demand to Remain Healthy
Oil prices have started to stabilise around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said.
Russia to Discuss Prices, US Shale Oil at June OPEC Summit
Russia said on Wednesday it would meet OPEC in June to discuss the impact of shale oil on global markets, just days before the producers' group decides whether its policy of high production is sufficient to stifle th ...
War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap
Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.
Kuwait: OPEC Likely to Maintain Price Policy till June 5
OPEC is likely to maintain its production policy at a meeting in June, Kuwait's OPEC governor said on Tuesday in the first public comment on what would be a crucial decision to determine the direction of global oil p ...
Aramco: $1 Trillion Worth of Global Oil Projects Could be Cancelled
The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1 trillion of planned projects globally in the next couple of years
