OPEC | Egypt Oil & Gas - Part 26
OPEC will Reconsider Production Cuts in November
OPEC members will discuss OPEC's production-cut strategy when they meet in November.
OPEC Expects Higher Oil Demand in 2018
OPEC is predicting record oil demand in 2018.
Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.
Iraqi Oil Minister Visits Saudi Arabia
Iraqi Oil Minister, Jabar El Luaibi, visited Saudi Arabia on August 8th to discuss the oil market and OPEC's efforts to stabilize prices.
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
Libya’s Crude Exports Reach 865,000 b/d in July
Libya’s crude exports rose to a new three-year high in July.
OPEC, Non-OPEC Countries to Discuss Non-Compliance with Agreement
Kuwait and Russia will chair a meeting in Abu Dhabi on August 7th and 8th to discuss why some signatories of last year’s oil-production agreement are failing to fulfill their promises to cut production.
Kuwait Promises to Reduce Oil Production, Following UAE
Kuwait is promising to decrease its oil production in response to Saudi Arabia’s call for fellow members of the Organization of the Petroleum Exporting Countries (OPEC) to cut more supply in order to aid in restraini ...
