US–Iran Ceasefire Collapse Could Keep Brent Around $100 through 2026

• Saturday, 25th July 2026
• by Tarek Abdallah

The collapse of the U.S.-Iran ceasefire could keep Brent crude near $100 per barrel through 2026, according to updated forecasts from Rapidan Energy Group, a Washington-based energy and geopolitical consultancy. Rapid...

Oil Market Risks Breaking $100, Eni CEO Warns

• Sunday, 12th July 2026
• by Sarah Samir

Claudio Descalzi, CEO of Italy’s state‑controlled energy group Eni, warned that if the Middle East conflict drags on, the global oil market will break out of its current $80–$100 band by early 2027, fueling inflation ...

Madbouly Rules Out Immediate Fuel Price Cuts, Signals Possible Q1 FY 2026/27 Reduction

• Thursday, 2nd July 2026
• by Tarek Abdallah

Speaking at the government’s weekly press conference, Prime Minister Mostafa Madbouly said Egypt’s Automatic Fuel Pricing Committee will review fuel prices in the first quarter (Q1) of the 2026/27 fiscal y...

Global Oil Demand Forecast Cut Again by OPEC 

• Wednesday, 14th October 2020
• by Editorial Team

The Organization of Petroleum Exporting Countries (OPEC) has further curtailed its expectations for the rebound of world oil demand in 2021, according to Reuters. This further reduction is due to the continual rise in...

Iraqi Oil Minister Expects Tighter Oil Markets

• Thursday, 28th December 2017
• by Editorial Team

The Iraqi Oil Minister, Jabar El Luaibi, expressed confidence that oil markets will tighten next year, Reuters reports. “I am optimistic, and during the first quarter of next year there will be more balance between su...

Saudi Aramco CEO: Demand Rebalancing Market

• Monday, 27th November 2017
• by Editorial Team

Rising crude demand is rebalancing the oil market, the CEO of Saudi Aramco, Amin Nasser, indicated, according to Bloomberg. Global supplies of crude are falling as markets rebalance, contributing to higher prices, Nas...

Mubadala CEO: Long-Term Effects of Underinvestment

• Monday, 27th November 2017
• by Editorial Team

Low investment rates in oil development projects could have long-term consequences, the CEO of Mubadala, Khaldoon El Mubarak, warned, according to CNBC. “When you look at the investments in exploration projects all ov...

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

• Wednesday, 18th October 2017
• by Editorial Team

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, Reuters reports. “Unit now there ar...

Saudi Aramco to Cut Sales in September

• Tuesday, 8th August 2017
• by Editorial Team

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, an industry source told Reuters. Supplies to Asia could be cut by up to 10%, i...