Friday 22 Nov

prices

Oil prices plunge on demand concerns, Israeli threat
2024/10/15

Oil prices plunge on demand concerns, Israeli threat

Oil prices took a dramatic dive in early Asian trading on Tuesday, with Brent crude futures plummeting by $2.11 to $75.35 per barrel and US...

Gold prices hit new high at end of week
2024/10/11

Gold prices hit new high at end of week

Gold prices in Egypt recorded a new increase today, Friday, October 11, 2024, in gold shops and local markets, with a value of EGP20 for...

Europe braces for diesel flood as imports surge
2024/10/09

Europe braces for diesel flood as imports surge

Europe is gearing up for a significant influx of diesel imports this month, as shipments from both the United States and Saudi Arabia converge. The...

Expectations of a 10% increase in rebar prices
2024/10/06

Expectations of a 10% increase in rebar prices

The local market is anticipating a potential increase in rebar prices of up to 10% at the beginning of next week's trading. This expectation is...

Brent Crude hits $73 as geopolitical tensions escalate
2024/09/30

Brent Crude hits $73 as geopolitical tensions escalate

Oil prices have surged amid heightened geopolitical tensions and uncertainty. Following Israel's assassination of Hezbollah leader Hassan Nasrallah, the market is closely watching Iran's retaliation....

Oil prices spike amid Middle East tensions
2024/09/24

Oil prices spike amid Middle East tensions

Oil prices surged following a dual impact: China's campaign to support economy and the Israeli strike on Hezbollah targets in Lebanon

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73
2024/09/17

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73

Oil prices have remained relatively steady as concerns about weakening demand forecasts offset the anticipated impact of an interest rate cut by the Federal Reserve....

Gold prices climb higher Tuesday
2024/09/17

Gold prices climb higher Tuesday

Gold prices surged on Tuesday amid mounting speculation that the Federal Reserve will lower interest rates at its next meeting. Investors are eagerly awaiting the...