Sri Lanka PM says economy ‘has collapsed,’ unable to buy oil
COLOMBO, Sri Lanka — Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its ...
Tag: Oil
Oil price surge to have deep impacts at home
The Russian-Ukrainian war has reshaped the map of the global economy. It seriously impacted the oil sector, especially with governments ...
Russia says cutting oil production would have risks
MOSCOW - The idea of cutting oil production in Russia to further increase prices has risks and would require calculation, ...
Biden tells oil refiners: Produce more gas, fewer profits
President Joe Biden on Wednesday called on US oil refiners to produce more gasoline and diesel, saying their profits have ...
Petroleum ministry announces establishment of new oil area in Tibbin
The Egyptian Minister of Petroleum and Mineral Resources Eng. Tarek El Molla announced Sunday the start of steps to establish ...
Iran and Venezuela sign 20-year cooperation plan
TEHRAN, Iran - Iran and Venezuela signed a 20-year cooperation plan in Tehran on Saturday as the two countries, among ...
‘Iraq’s oil production will hit 4.580 mln bpd as of July’
BAGHDAD - Iraq's oil output will reach 4.580 million barrels per day as of July following an OPEC+ decision to ...
US energy official does not rule out secondary sanctions on buyers of Russian oil
WASHINGTON - The Biden administration has not ruled out the possibility of placing sanctions on countries that purchase Russian oil ...
Oil jumps 3% as EU plans ban on Russian oil
LONDON - Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to ...
Oil down $1 on China growth worries
MELBOURNE - Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, ...
The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.