Oil Markets | Egypt Oil & Gas

Global Oil Demand Forecast Cut Again by OPEC 

The Organization of Petroleum Exporting Countries (OPEC) has further curtailed its expectations for the rebound of world oil demand in 2021.

Iraqi Oil Minister Expects Tighter Oil Markets

The Iraqi Oil Minister, Jabar El Luaibi, expressed confidence that oil markets will tighten next year.

Saudi Aramco CEO: Demand Rebalancing Market

Rising crude demand is rebalancing the oil market.

Mubadala CEO: Long-Term Effects of Underinvestment

Low investment rates in oil development projects could have long-term consequences, the CEO of Mubadala.

Kuwaiti Oil Minister: Markets Steady Despite Concerns over Iraq & Iran

Despite simmering tensions in Iraq and uncertainty over the Iran nuclear agreement, world oil supplies have remained steady, according to the Kuwaiti Oil Minister, Essam El Marzouq.

Saudi Aramco to Cut Sales in September

Saudi Aramco, the Saudi oil giant, will cut shipments of crude oil to international customers by 520,000 barrels a day (b/d) in September.

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