Centamin reports better-than-expected Q1 gold output

Wed, 24 Apr 2019 - 04:20 GMT

The company’s output totalled 116,183 ounces of gold for the three months ended March 31, above its forecast range of 105,000 to 115,000 ounces.

Zohr gas field produces 12.2 bcm in 2018:Rosneft

Thu, 31 Jan 2019 - 01:57 GMT

The production increased almost four times during the second half of 2018 compared tothe result of the first half of 2018, which amounted to 3.1 bcm of gas.

Saudi Arabia discussing proposal to cut oil output up to 1M bpd by OPEC, allies

Sun, 11 Nov 2018 - 09:20 GMT

The sources said the discussions were not finalized as much depended on the reduction in Iranian exports.

Oil little changed despite Saudi pledge to boost output

Tue, 23 Oct 2018 - 08:57 GMT

Falih said Saudi Arabia would soon raise output to 11 million barrels per day (bpd) from the current 10.7 million. He added that Riyadh had capacity to increase production to 12 million bpd.

Saudi Arabia, Russia agreed in September to lift oil output, told U.S.

Thu, 04 Oct 2018 - 09:51 GMT

The deal underlines how Russia and Saudi Arabia are increasingly deciding oil output policies bilaterally, before consulting with the rest of OPEC.

OPEC, non-OPEC panel unlikely to recommend further oil output hike

Sun, 23 Sep 2018 - 08:47 GMT

The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June, sources said.

Egypt's cotton exports up nearly 37% as crop quality improves

Thu, 05 Jul 2018 - 08:50 GMT

Output fell drastically in 2011, when political upheaval meant regulations to maintain quality were not enforced.

Oil prices drop as Saudi, Russian output rises, Asian economies slow

Mon, 02 Jul 2018 - 07:51 GMT

Prices in the physical oil market have also weakened, with Dubai crude averaging $73.592 a barrel for June, down from $74.413 a barrel in May.

Oil prices fall but market tight on disruptions, record demand

Thu, 28 Jun 2018 - 07:43 GMT

Brent crude futures LCOc1 were at $77.40 per barrel, down 22 cents, or 0.3 percent, from their last close.

Russia, Saudi push for big hike in oil output despite Iran opposition

Tue, 19 Jun 2018 - 02:07 GMT

Oil demand usually grows at the steepest pace in the third quarter .We could face a deficit if we don’t take measures,” Russian Energy Minister Alexander Novak said.

Oil eases on China refining dip, higher U.S. crude output

Thu, 14 Jun 2018 - 09:20 GMT

Brent crude futures LCOc1 were at $76.47 per barrel by 0656 GMT, down 27 cents, or 0.4 percent, from their last close.

Oil prices rise on Venezuelan supply troubles, but U.S. output surges

Thu, 07 Jun 2018 - 09:30 GMT

Brent crude futures LCOc1 were up 51 cents, or 0.7 percent, to $75.87 a barrel at 0710 GMT.

Oil loses ground as rising U.S. output threatens to disrupt tightening market

Thu, 22 Mar 2018 - 07:58 GMT

Brent crude futures LCOc1 were at $69.35 per barrel at 0722 GMT, down 12 cents, or 0.2 percent from their last close.

Oil prices rise on Middle East tension, falling Venezuela output

Tue, 20 Mar 2018 - 07:58 GMT

Oil prices rose by almost 1 percent on Tuesday, lifted by a weak dollar, tensions in the Middle East and concerns of a further fall in Venezuelan output.

Oil eases as possible rise in U.S. stocks outweighs faith in OPEC

Tue, 27 Feb 2018 - 12:58 GMT

Oil edged lower on Tuesday ahead of weekly data that is forecast to show a rise in U.S. crude inventories.

Saudi oil minister hopes OPEC, allies can ease output curbs in 2019

Sat, 24 Feb 2018 - 12:45 GMT

Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilize oil markets.

Oil prices fall as U.S. output soars above 10 million bpd

Thu, 08 Feb 2018 - 07:14 GMT

Oil prices eased on Thursday, taking Brent crude to a 2018 low, as soaring U.S. output undermined OPEC efforts to tighten markets.

Oil prices fall more than 1% amid global market rout

Tue, 06 Feb 2018 - 07:16 GMT

Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower.

Oil could struggle to top $70 as U.S. output offsets OPEC cuts: poll

Wed, 31 Jan 2018 - 01:57 GMT

Oil prices are unlikely to advance much higher than $70 a barrel in 2018, a Reuters poll showed on Wednesday.

Oil prices extend declines on stronger dollar, rising U.S. output

Tue, 30 Jan 2018 - 08:50 GMT

Brent crude futures, the global benchmark, had declined 46 cents, or 0.7 percent, to $69 a barrel.