OPEC Output Climbs 1.17 mmbbl/d in July as Gulf Supplies Recover

• Tuesday, 11th August 2026
• by Fatma Ahmed

OPEC’s oil output rose by 1.17 million barrels per day (mmbbl/d) in July to 19.85 million bpd, as Gulf producers restored supplies disrupted by the Iran conflict and Strait of Hormuz disruptions.

Saudi Arabia Deepens Its Oil Cuts in July

• Tuesday, 4th July 2023
• by Fatma Ahmed

Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.

15m Household Units to be Exempt from July’s Electricity Bills

• Tuesday, 9th June 2015
• by Egypt Oil & Gas

A government committee is set to exempt millions of subscribers from an upcoming electricity price hike, following a Sunday presidential decision to ease the financial burden on poorer citizens, reported state-owned ...