Oil

Crude exports surge in Saudi Arabia, reaching five-month high

Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd

Oil prices stabilize following 2 percent uptick

Supply concerns in U.S. and Russia fueled a surge on Monday

Declining demand drives oil prices down

Marking commodity’s second consecutive loss

End-of-year turbulence overshadows COP28 success

Red Sea tensions add to shipping costs but energy flows unaffected

China’s exports drop as crude oil imports hit record highs

Imports of crude oil increased last year by 11 percent

Oil prices see modest gains as U.S. demand rises, inventories fall

Brent and WTI increased 0.32 and 0.40 percent, respectively

Oil stabilizes amid Saudi Arabia’s sharp price cuts

Coming from an over 3 percent dip from previous session

AD Ports commits to operating terminals at Egypt’s Red Sea ports

Deal includes developing yacht and cruise ship tourism in Egypt

Dragon Oil commences production of crude oil in Egypt

Production set initially at 3,000 barrels of crude oil per day