Latest in Tag: Crude Oil Highlight
Latest in Tag: Crude Oil
Egyptian imports from these countries amounted to approximately $810m during 2013, compared to $1bn during 2012. The most important receiving countries for Egyptian exports are Libya, Sudan, Kenya and South Africa, according to El-Leithi.
JPMorgan Chase raised its expectations for oil for the years 2015 and 2016 in light of the improvement in demand, which will result in a lower number of crude oil barrels in the global markets.
Imports stood at EGP 31.47bn during January, 21.2% less than the EGP 39.97bn recorded a year earlier, according to CAPMAS
Brent crude futures up in both London and New York
Rise attributed to increases in export of fresh oranges, crude oil, pastas, rice, ceramic tiles and health products
Confirms agreement between Iraq State Oil Company and Egypt for pipeline
Egypt has cut back on a total of nine million barrels of imported oil for the second quarter of the year, without any official explanation