OPEC Tells EU There’s No Substitute for Russia’s Oil Supply

• Tuesday, 12th April 2022
• by Israa Ibrahim

During the OPEC-EU meeting on Monday, OPEC let the European Union know that it would be impossible to find a replacement for Russian oil and sanctions may make supply shocks even worse, Reuters reported. OPEC Secretar...

OPEC: Egypt May Join OPEC’s Oil Output Cap Agreement

• Tuesday, 21st February 2017
• by Dr. Mahinaz El-Baz

The Organization of Petroleum Exporting Countries’ (OPEC) General Secretary, Mohamed Barkindo, said at a press conference that Egypt may join OPEC’s oil production cap agreement, TASS informed. Barkindo noted th...