Bloomberg The market for physical barrels of crude from places as far apart as Oman and Colombia is strengthening beyond the traditional seasonal peak in demand, a positive indicator for global benchmark futures prices that remain stuck near $50. Physical differentials — the price gap between individual grades of crude and widely traded markers like Brent or West Texas Intermediate ...

UNITED NATIONS / Reuters Saudi Arabia said it was installing four cranes at three ports in Yemen to help boost humanitarian aid deliveries and was ready to assist with installing cranes at the key port of Hodeidah once it was under control of a neutral party. The Saudi mission to the United Nations said in a statement that the cranes ...

CAIRO / Reuters GB Auto, the Egyptian automotive assembler and manufacturer, expects demand for cars to pick up by the end of 2017 as dealers run down inventories, the company’s CEO said. Consumer demand in Egypt took a hit in November last year, when the central bank floated the pound currency to secure a three-year $12 billion International Monetary Fund ...