The Arab WeeklyUAE adds oil and gas sector to business interests in EgyptThe Arab WeeklyCAIRO - Having acquired a 10% stake in the Shorouk concession in Egypt's gigantic Mediterranean Zohr gas field in March, the UAE-based investment fund Mubadala Petr …

Wall Street JournalGlencore Scraps Planned Sale of $9 Billion Stake in Russian Oil CompanyWall Street JournalThe agreement with the Chinese buyer was the latest in a series of moves undertaken by Glencore, the state-owned Qatar Investment Authority and the …

Wall Street JournalNever Trust A Banker About Oil PricesOilPrice.comMany of the analysts who previously were pessimistic about the rise in oil prices have been slowly and steadily raising their projections. That should neither encourage us or bother us, as …

BloombergCrude Propelled Higher on Strengthening Signs of Dwindling Glut ...BloombergCrude bumped higher as traders braced for a U.S. government report that's expected to show a fifth straight week of shrinking American inventories. Futures rose as muc …

BloombergCrude Propelled Higher on Strengthening Signs of Dwindling GlutBloomberg“As long as the agreement between Saudi Arabia and Russia holds to curb production, oil prices will stay in the region of $60,” Paolo Scaroni, vice-chairman of NM Rothschild & …

Are Oil Markets Immune To US Shale?OilPrice.comOil prices showed some weakness mid-week on news that U.S. oil production jumped, but benchmark prices firmed up on Thursday, putting WTI and Brent on track for their fifth consecutive weekly advance. Oil pric …

BloombergSaudi Shocks Reawaken Global Oil Markets to Political RiskBloombergJust as production cuts by OPEC and its allies finally deplete a surplus that has weighed on oil prices since 2014, political crises have hit the organization's three biggest m …

BloombergSaudi Shocks Reawaken Global Oil Markets to Political Risk ...BloombergFor the first time in three years, the chief concern in the oil market isn't too much supply.Oil At Two-Year Highs As Saudi Arabia Engages In Its Own 'Game Of Thrones&# …

ReutersWorld stocks break 500 barrier, oil camps at two-and-a-half year highReutersT], Germany's DAX scored a record high and the rest of Europe gained as a 2-1/2 year high in oil prices lifted resources stocks again. .SXPP. All three of Wall Street&#3 …

Independent Online'Oil diplomat' Rex Tillerson is so bad for AfricaIndependent OnlineSince Tillerson became chief executive of ExxonMobil in 2006, his interest in Africa was driven by the need to maximise profits in terms of Exxon's oil investm …