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Showing posts with the label February 10

Brent crude could trade between $74 and $84 by end-2019: Analyst

Brent crude could trade between $74 and $84 by end-2019: Analyst https://cnb.cx/2WTHT1g David Lennox of Fat Prophets discusses the outlook for demand in the oil market. https://ift.tt/2PddWW7 February 10, 2019 at 04:46PM Energy https://cnb.cx/2KU3Ztw

$60 to $70 is a fair price for a barrel of oil, Egypt's petroleum minister says

$60 to $70 is a fair price for a barrel of oil, Egypt's petroleum minister says https://cnb.cx/2DraQcf There is a fair price for a barrel of oil and OPEC and its non-OPEC partners are close to achieving it through their deal to cut production, according to Egypt's Petroleum Minister Tarek El-Molla. https://ift.tt/2PddWW7 February 10, 2019 at 09:44PM Energy https://cnb.cx/2KU3Ztw

Why Egypt's petroleum min expects more FDI into oil sector

Why Egypt's petroleum min expects more FDI into oil sector https://cnb.cx/2SGuKcB Tarek El-Molla, Egypt's petroleum and mineral resources minister, says companies will choose to make investments in countries with three conditions: Stability, a big market and a future. Egypt has these, he says, which is why he is not worried about foreign investment into the country's oil and gas sector. https://ift.tt/2PddWW7 February 10, 2019 at 03:59PM Energy https://cnb.cx/2KU3Ztw

Oil prices fall as U.S. rig count rise, trade concerns

Oil prices fall as U.S. rig count rise, trade concerns https://cnb.cx/2TGT4IH In the United States, energy firms last week increased the number of oil rigs operating for the second time in three weeks, a weekly report by Baker Hughes said on Friday. https://ift.tt/2PddWW7 February 10, 2019 at 07:04PM Energy https://cnb.cx/2KU3Ztw