Advertisement
UK markets open in 7 hours

  • NIKKEI 225

    38,471.20
    0.00 (0.00%)
     

  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     

  • CRUDE OIL

    85.37
    +0.01 (+0.01%)
     

  • GOLD FUTURES

    2,400.10
    -7.70 (-0.32%)
     

  • DOW

    37,798.97
    +63.86 (+0.17%)
     

  • Bitcoin GBP

    51,353.68
    +331.90 (+0.65%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • NASDAQ Composite

    15,865.25
    -19.77 (-0.12%)
     

  • UK FTSE All Share

    4,260.41
    -78.49 (-1.81%)
     
Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Exclusive: Saudi Aramco has supplied 1 million barrels of crude to Egyptian refineries in November, December - minister

Reuters
Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

CAIRO (Reuters) - Saudi Aramco, the world's largest oil producer, has supplied 1 million barrels of crude oil to Egyptian refineries, Egypt's Petroleum Minister Tarek El Molla told Reuters on Sunday.

Egypt and Saudi Arabia will be studying the economic feasibility of continuing to refine Saudi crude in Egyptian refineries by the start of 2018, El Molla said.

Saudi Arabia agreed in April last year to provide Egypt with 700,000 tonnes of refined oil products a month for five years.

(Reporting by Abdelrahman Adel; Writing by Nadine Awadalla; Editing by Stephen Coates)