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ArabFinance (UAE) 12/09/2019 02:49
Egypt’s government will increase crude oil production to bridge declining domestic consumption through developing systems and procedures, offering bids, and signing petroleum agreements, said Egypt’s Minister of Oil and Mineral Water Tarek al-Molla during a technical conference on improving the efficiency of research and exploration operations on Sunday.
According to the CFTC Commitments of Traders report for the week ended December 3, NET LENGTH for crude oil futures declined -42 901 contracts to 428 035 for the week. Speculative long positions fell -22 617 contracts while shorts gained +20 284 contracts. For refined oil products, NET LENGTH for gasoline added +750 contracts to […]. .

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