6% drop in Brent crude prices seen as good news for Egypt policy makers
Oil prices have been hit by concerns over demand as Europe goes into fresh lockdowns
Latest in Tag: brent crude Highlight
Latest in Tag: brent crude
Brent crude sustained at $70/barrel and above, could require future fuel price reviews
Price surge led by rising demand from Asia, besides OPEC+’s decision not to raise production
Oil nears $25 a barrel amid coronavirus pandemic
Price wars will destroy small international oil companies, Osama Kamal
Crude oil slump, as Trump threatens further China tariffs
Oil prices slumped, on Monday, with Brent crude futures recording $69.78 per barrel, down $1.07, following the United States President Donald Trump’s announcement that he would sharply raise tariffs on Chinese goods this week, risking the derailment of trade talks between the two largest economies. On Sunday, Trump wrote on Twitter account that, “For 10 …
As EGYPS kicks-off, how will oil prices fluctuations affect Egypt?
Brent crude settles at $62, uncertainty clouds markets, global investments in oil declined by $200bn, says Egypt’s Petroleum Minister
Inflation includes Brent crude price rising to $76.7: CBE
Government aims to curb overall budget deficit to 8.4% of GDP in FY 2018/19
Brent crude price forecast for 2018 remains at $70 per barrel: Bank of America Merrill Lynch
The forecasted price of Brent crude for 2018 remains at $70 per barrel, $4 lower than the current price, on the back of the OPEC and non-OPEC oil-producing countries’ agreement to increase production by 1m barrels per day, according to a Bank of America Merrill Lynch Global Research report issued on Monday. Egypt is highly …
Fitch confirms Egypt’s “B” rating, outlook is stable
Budget deficit expected to decrease to 11.6% of GDP in FY15, in comparison to the 17.5% of GDP recorded in FY14, Fitch noted
Continuing decline in Brent prices positively impacts Egyptian economy
“We will not increase fuel imports because the financial resources are not available,” says EGPC chairman El Molla
Oil prices rise on violence in Egypt
US benchmark West Texas Intermediate for September delivery rose 48 cents to $107.33 a barrel on the New York Mercantile Exchange
Brent Crude Oil Prices Near $116
The jump represented the largest weekly increase in two months