crude price | Egypt Oil & Gas

OPEC Might Adjust Oil Cut Deal

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

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

Algeria Expected to Push for Production Freeze

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

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.

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