OPEC Might Adjust Oil Cut Deal

• Monday, 10th July 2017
• by Dr. Mahinaz El-Baz

OPEC delegates were encouraged by Russia to change the OPEC-led deal to cut oil supplies, opening the door to clear the global supply glut.

Al-Falih: No Prompt Need to Adjust Oil Agreement

• Monday, 12th June 2017
• by Dr. Mahinaz El-Baz

There is no evidence a pact by global oil producers to curb output needs to be adjusted.

Algeria Expected to Push for Production Freeze

• Thursday, 11th August 2016
• by Egypt Oil & Gas

Algeria and other OPEC members are expected to push for a production freeze during an OPEC informal meeting scheduled for late September in Algiers.

OPEC Projects Oil Price Rise in Early 2016

• Wednesday, 16th December 2015
• by Egypt Oil & Gas

OPEC announced that global crude oil prices, currently at the seven-year low, could rise in under a year time amid cuts in oil output from some producers.