Oil prices fell by more than one percent on Wednesday, as concerns about demand in China persisted and the risks of a broader economic slowdown increased.
Brent crude futures fell by $1.15, or 1.45 %, to $78.40 a barrel, while US West Texas Intermed…
Deputy Prime Minister for Energy Affairs, Minister of Oil Hayan Abdul-Ghani chaired today, Wednesday, the meeting of the Ministerial Council for Energy in its seventh regular session for the year 2024.
According to a statement by the Ministry of Oil…
Basra Heavy and Medium crude prices rose today, Wednesday, as oil prices rose in global markets.
Basra Heavy crude prices rose $1.4 to $75.61, while Basra Medium crude prices rose $1.4 to $78.61.
Oil prices rose, after a sharp decline in the previo…
Deputy Prime Minister for Energy Affairs, Minister of Oil Hayan Abdul-Ghani Al-Sawad met today with the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al-Ghais.
During the meeting, they discussed enhancing …
The Secretary-General of the Organization of the Petroleum Exporting Countries “OPEC” Haitham Al-Ghais arrived in Baghdad, on a two-day visit.
The Spokesman for the Ministry, Mr. Asim Jihad, said: The visit comes within the framework of bilateral co…
Dr. Rania A. Al-Mashat, the Minister of Planning, Economic Development and International Cooperation, and OKA Hiroshi, Ambassador of Japan to Egypt, held the annual meeting of Egypt-Japan High-Level Policy Dialogue for development cooperation at the …
After seven years of being in the red, the Central Bank of Egypt (CBE) has announced a significant turnaround in its financial performance during the previous fiscal year (FY2023/2024), reporting its first profit since FY2016/2017.
Marking a remarka…
The Khalda Petroleum Company, a subsidiary of Apache, has made a significant oil discovery in the West veops-1 region within the Khalabsha Development Area of the Western Desert, according to a statement released by the Ministry of Petroleum and Mine…
Auto sales in July surged by 42.2 percent month-over-month, reaching 11,400 vehicles, according to the Automotive Marketing Information Council (AMIC).
This marks the fourth consecutive month of increased sales, following a significant 43 percent de…
Rosatom, the Russian company, under the guidance of its General Director Alexey Likhachev, is targeting a 30 percent implementation rate for the Dabaa nuclear facility in Egypt. This ambitious goal was highlighted during a meeting with Egypt’s Prime …
New York:King Abdullah II of Jordan held a meeting with Iraq’s Prime Minister Ali Zaidi on Tuesday during the 81st Session of the United Nations General Assembly in New York.
According to Jordan News Agency, the meeting was also attended by Crown Pri…
