Japan to auction 4.8 mln barrels of national reserve oil on May 10
TOKYO - Japan will hold an auction on May 10 to sell 760,000 kilolitres, or 4.8 million barrels, of national ...
Tag: Oil
Oil extends losses on growth concerns and Shanghai lockdown
LONDON - Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns ...
Russian oil output down 7.5% in April so far
MOSCOW - Russian oil production has continued to slide in April, declining by 7.5% in the first half of the ...
Japan to release 6 mln barrels of oil from private reserves as part of IEA-led action
TOKYO - The Japanese industry ministry said on Friday it will release 6 million barrels of oil from privately-held reserves ...
New Zealand to contribute 184,000 barrels of crude, 299,000 barrels diesel to IEA emergency release
WELLINGTON - The New Zealand government said on Friday it would contribute 184,000 barrels of crude and close to 299,000 ...
Iraq oil exports $11.07 bn in March, highest for 50 years
Baghdad - Iraq exported $11.07 billion of oil last month, the highest level for half a century, as crude prices ...
Biden says unprecedented use of oil stockpile will ease US fuel costs ‘pain’
WASHINGTON - President Joe Biden announced a record release from US strategic oil reserves to "ease the pain" of soaring ...
Oil falls as IEA members meet to discuss stocks release
LONDON - Oil prices fell on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to ...
Sisi urges optimum economic benefit of oil, natural gas resources
Egypt's President Abdel Fattah El Sisi on Sunday directed the government to accelerate efforts to maximize the economic benefit from ...
IEA urges ’emergency measures’ to cut oil use over supply fears
LONDON - The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil consumption within ...
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.