Oil | Egypt Oil & Gas - Part 98
Oil Better-Supplied for First Time Since 2009, IEA Says
Oil markets are better-supplied for the first time since 2009 as ''sluggish'' demand and OPEC output at more than a three-year peak eased inventory depletion, according to the International Energy Agency. Oil falls below $120, inventories weigh
Oil fell below $120 a barrel on Wednesday to the lowest in almost two months, pressured by rising U.S. inventories and concern about the strength of global demand. Ukraine to increase oil production through development of shelf and fields in Egypt
Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil field on the Ukrainian shelf of the Black Sea and oil fields in Egypt, where Naftogaz of Ukrai ... Kuwait eyes 4 mln bpd oil production by 2020
Kuwait is looking to increase oil production to 4 million bpd by 2020 and maintain it through 2030. South Sudan says Sudan tried to build “illegal” oil pipeline
South Sudan accused Sudan of trying to build an "illegal" 25-km oil pipeline crossing the border towards the South's oil fields, a day after talks to resolve a damaging oil dispute between the two sides were postponed. Iran oil development fund could reach $55bln-president
Iran's President Mahmoud Ahmadinejad said on Saturday the country's sovereign wealth fund could reach $55 billion by March next year if oil prices kept high, in an apparent bid to defend his economic record in the fa ... Stoppage of Kurdish north oil exports confirmed
North Oil Company confirmed that the Kurdish government stopped exporting oil through the main Iraqi pipeline to Turkey. Iraq says Kurdistan smuggling oil through Iran
Iraq's Kurdish region, which has halted crude exports in a row with Baghdad, owes the central government more than $5 billion and is smuggling the oil it produces through Iran, Iraqi officials said Monday. 
