oil barrels

Saudi Arabia, Russia Differ in OPEC+ Meeting

Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.

Iran Plans to Hike Oil Production in 2021

Iran planned to raise oil production in 2021, as it expected that the US sanctions will be loosened after Joe Biden becomes president.

GUPCO’s Production Rates Exceed 84,000b/d in 2015

Gulf of Suez Petroleum Company (GUPCO) has managed to increase its production rates to more than 84,000b/d in 2015, which amounts to 95,000boe, a company official told Egypt Oil & Gas.

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