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Oil is falling as US inventories increase

Media In – Singapore – 15 August 2018 Oil prices fell today due to a report on the increase in US crude inventories. Futures dropped 0.4 percent to 32 cents to $ 72.14, while West Texas Intermediate crude futures fell 34 cents, or 0.5 percent, to $ 66.70 a barrel.

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Egypt signs three new oil and gas exploration agreements

Media In – Cairo – 14 August 2018 Minister of Petroleum and Mineral Resources Tariq al-Mulla signed three new agreements with international companies to explore oil and natural gas in the Mediterranean, Western Sahara and Nile Delta regions. According to a statement by the Egyptian Ministry of Petroleum, the first …

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Dubai Chamber exempts its members from late membership fees

MEDIA IN, Dubai, August 14, 2018 (WAM)  Dubai Chamber of Commerce and Industry (DCCI) announced today that it has exempted member companies from late fees and accumulated membership due to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and …

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