Sunday 22 Dec

prices

Oil prices rise; Brent crude $74.02 per barrel
2024/12/19

Oil prices rise; Brent crude $74.02 per barrel

Oil prices climbed on Wednesday, buoyed by a decline in U.S. crude stockpiles and investor anticipation of a potential Federal Reserve interest rate cut. This...

Gulf oil prices surge amid ME supply shortages
2024/12/18

Gulf oil prices surge amid ME supply shortages

Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...

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...