Wednesday 08 Jan

prices

Saudi Arabia deepens oil price cuts for Asian buyers
2024/12/09

Saudi Arabia deepens oil price cuts for Asian buyers

Saudi Arabia has significantly reduced its oil prices for Asian customers, exceeding market expectations. This move follows the OPEC+ decision to further delay planned production...

Gold prices remain steady in morning trade
2024/12/05

Gold prices remain steady in morning trade

Gold prices in Egypt remained steady on Thursday morning, according to Gold Billion, a gold research institution. Prices mirrored Wednesday's rates, showcasing stability in the...

UAE reduces fuel prices for December 2024
2024/12/01

UAE reduces fuel prices for December 2024

The committee overseeing gasoline and diesel prices in the United Arab Emirates has approved a reduction in fuel prices for the month of December 2024....

Gold prices soar in Egypt Wednesday
2024/11/28

Gold prices soar in Egypt Wednesday

Gold prices in Egypt experienced a significant surge at the close of trading on Wednesday evening. All gold karats saw an increase of EGP 15...

OPEC+ to hold virtual meeting this week
2024/11/26

OPEC+ to hold virtual meeting this week

The OPEC+ alliance, led by Saudi Arabia and Russia, is set to hold its scheduled meeting this week virtually. This marks the third consecutive online...

Brent crude climbs above $71 as oil prices rise slightly
2024/11/18

Brent crude climbs above $71 as oil prices rise slightly

Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...

Oil prices decline following China's disappointing stimulus plan
2024/11/11

Oil prices decline following China's disappointing stimulus plan

Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.

Weak China demand weighs on oil prices
2024/11/09

Weak China demand weighs on oil prices

Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...