Business

Oil prices jump nearly 3 % as US inventories fall

Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.

Brent crude futures for September delivery rose $2.09 per barrel, or 2.66 %, to $…

Petroleum Minister Holds Talks with EBRD’s Official

Petroleum and Mineral Resources Minister Karim Badawi discussed with Managing Director for Climate Strategy and Delivery at the European Bank for Reconstruction and Development Harry Boyd and his accompanying delegation ways of boosting cooperation be…