Saudi Aramco Raises Crude Prices to Asia, USA and Northwest Europe

• Tuesday, 6th June 2017
• by Dr. Mahinaz El-Baz

Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the USA and Northwest Europe as it seeks to take advantage of increased demand after suppliers extended produc...

OPEC Oil Output to Reach Record High in July

• Saturday, 30th July 2016
• by Egypt Oil & Gas

The Organization of the Petroleum Exporting Countries’ (OPEC) oil output is likely to reach its record in July, a Reuters survey found. Supply from OPEC has risen to 33.41mb/d in July from a revised 33.31mb/d in...

Non-Opec Producers Cutting Back Oil Output

• Tuesday, 17th May 2016
• by Egypt Oil & Gas

Oil output from producers outside the Organisation of Petroleum Exporting Countries (OPEC) is falling faster than expected, helping the market to rebalance, according to The Telegraph. Non-Opec oil producers are expec...