oil

Cleric arrest spooks Saudi markets, oil
World

Cleric arrest spooks Saudi markets, oil

Dubai--Saudi Arabian shares suffered the biggest fall in more than two years and oil prices spiked higher on Tuesday as…
UN Security Council imposes sanctions on Qadhafi
World

UN Security Council imposes sanctions on Qadhafi

The UN Security Council unanimously imposed travel and asset sanctions on Libyan leader Muammar Qadhafi and close aides, ratcheting up…
World powers struggle to find way to stop Qadhafi
World

World powers struggle to find way to stop Qadhafi

World powers struggled to find a way to stop Libyan leader Muammer Qadhafi lashing out at his people as he…
Oil surges, Asian markets fall on Mideast concern
Business

Oil surges, Asian markets fall on Mideast concern

Hong Kong--Oil prices surged and Asian stock markets plunged on Thursday, as traders worried about turmoil in Libya and possible…
Algerian police try to break up protest in capital
World

Algerian police try to break up protest in capital

Algiers--Algerian police in riot gear used batons Saturday to break up a crowd of about 50 opposition supporters trying to…
Egypt’s trade deficit jumps by over 40% in one year
Business

Egypt’s trade deficit jumps by over 40% in one year

Egypt's trade deficit climbed by 42.6 percent in October 2010 compared to the same month in 2009, the Central Agency…
Oil discoveries in Upper Egypt to fuel investments, says minister
Business

Oil discoveries in Upper Egypt to fuel investments, says minister

Egypt's Oil Ministry said on Saturday it expected an influx of new investments and agreements from international companies for further…
Oil truck fire extinguished near Assiut
Egypt

Oil truck fire extinguished near Assiut

Civil defense teams managed on Monday to put out a fire that started when a truck loaded with 35,000 liters…
Iraq’s oil minister: Kurds can export their oil through nation’s network
World

Iraq’s oil minister: Kurds can export their oil through nation’s network

 Iraq's newly appointed oil minister said on Saturday that Kurds can sell their oil to the outside world only through…
Government announces 5 year energy strategy
Business

Government announces 5 year energy strategy

The ruling National Democratic Party (NDP) has devised a five-year strategy aimed at securing Egypt's energy needs.The plan--to be announced…
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