Business

Oil prices rise sharply after biggest weekly gain in a year

Oil prices continued their strong gains in trading on Monday, after recording their largest weekly increase in more than a year on Friday, amid increasing risks of a regional war in the Middle East.

By noon on Monday, Brent crude futures rose 94 cent…

Basra Heavy and Medium Crude Oil Prices Rise

The prices of Basra Heavy and Medium crude oils recorded an increase, coinciding with the increase in the prices of Brent and Texas crude oils for the past week as well.

Basra Heavy crude oil recorded during today’s trading, Monday, $ 72.48 per barre…

PM meets Chinese NFRA Chairman

Dr. Mostafa Madbouli, Prime Minister, met today at the government headquarters in the new administrative capital with Mr. Li Yunzi, Chairman of China’s National Financial Regulatory Administration (NFRA), Mr. Liao Liqiang, Chinese Ambassador to Cairo,…