oil reserves News

Egypt's New Oil Reserves Discovery Sends Crude Prices Down by 1%

Egypt's Petroleum Ministry announced the discovery of 8 million barrels of oil reserves in the Gulf of Suez, leading to a 1% drop in crude oil prices. The U.S. also reported an inc...

Oil Prices Dip by 1% Following Egypt's Announcement of New Oil Reserves Discovery

Crude oil prices fell by 1% after Egypt announced the discovery of 8 million barrels in oil reserves in the Gulf of Suez. The Gulf of Suez Petroleum Company will exploit the well, ...

Egypt's New Oil Discovery Shakes Market: Crude Prices Dip by 1%

Egypt confirms discovery of 8 million barrels of oil reserves in the Gulf of Suez, causing a 1% drop in crude oil prices. The US also reports a significant increase in crude oil in...

Egypt's New Oil Reserves Discovery Causes 1% Drop in Crude Prices

Crude oil prices fell by 1% after Egypt announced the discovery of 8 million barrels of oil reserves. The US also reported an increase in crude oil inventories, adding complexity t...

Egypt's New Oil Reserves Discovery Causes 1% Drop in Crude Oil Prices

Crude oil prices dropped by 1% following Egypt's announcement of discovering new oil reserves in the Gulf of Suez. The US also reported an increase in crude oil inventories, contri...