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Activists protest the Shell Oil Company’s drilling rig Polar Pioneer which is parked at Terminal 5 at the Port of Seattle, Washington May 16, 2015. Hundreds of activists in kayaks and small boats fanned out on a Seattle bay to protest plans by Royal Dutch Shell to resume oil exploration in the Arctic and keep two of its drilling rigs stored in the city’s port. REUTERS/Jason Redmond


U.S. Data Exerts Pressure on Oil Prices

U.S. Data Exerts Pressure on Oil Prices

by | Jul 31, 2016 | Business

Cairo- U.S. data played a crucial role in determining oil prices during last week’s sessions and is expected to play a similar role next week. This week, the U.S. drillers added three new oil rigs for a fifth consecutive week, bringing the total rig count up to 374...