oil | صحيفة العرب

Oil prices fall about 2% at end of volatile week

Oil prices fell about 2% at settlement on Friday, little changed for the week as Brent crude fell below $80 a barrel, amid lower investor...

Iraq switches to profit-sharing in new oil, gas deals

Iraq is making its biggest change in decades to the way it deals with international oil companies in a bid to attract more investment...

Oil rises on estimates of US crude stocks draw

Oil prices rose in early trade on Wednesday, on estimates of a decline in US crude and gasoline inventories as the market monitors the...

The Egyptian government forms a specialized advisory committee concerned with increasing oil production

The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, announced today, Tuesday, the formation of an advisory committee...

Oil rises from multi-month lows amid rising regional tensions

Oil prices rose on Wednesday from multi-month lows on concerns that the escalating conflict in the Middle East could hurt oil production...

Saudi Aramco expects oil demand to grow in second half

Saudi Aramco Chief Executive Amin Nasser said on Tuesday he expects oil demand to grow by between 1.6 million and 2 million barrels per...

Oil falls in a week to its lowest level in about 8 months

Oil prices ended last week on a high note, hitting their lowest levels since January on Friday after new UK technology data showed more...

Citigroup: Trump's return will lead to a decline in oil prices

Citigroup Inc. said in a research note that Donald Trump's presidency could have a bearish impact on oil prices due to a combination of...

To meet summer demand... Saudi Arabia imports fuel oil from Kuwait

Saudi Arabia imported fuel oil from Kuwait in July for the first time in more than two years in a rare move to meet the growing demand...

Amid fears of weak demand in China, oil prices are declining

Oil prices fell on Thursday, after concerns about weak demand in China, the world's largest crude importer, and expectations that a...

Oil stabilizes amid signs of weak Chinese demand and falling American inventories

Oil prices stabilized in early Asian trading, on Wednesday, as signs of weak demand growth in China conflicted with the possibility of a...

Saudi oil supplies to China rise in August

Reuters quoted trade sources as saying that Saudi crude oil exports to China will rise in August to at least 44 million barrels after...