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 inflat ...
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 of the 2026/27 fiscal year and may e ...
The Organization of Petroleum Exporting Countries (OPEC) has further curtailed its expectations for the rebound of world oil demand in 2021.
The Iraqi Oil Minister, Jabar El Luaibi, expressed confidence that oil markets will tighten next year.
Rising crude demand is rebalancing the oil market.
Low investment rates in oil development projects could have long-term consequences, the CEO of Mubadala.
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.
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