OPEC | Egypt Oil & Gas - Part 27

Libya, Nigeria May Adjust Oil Output

Libya and Nigeria, exempt from global oil cuts, may attend a joint meeting between members of the Organization of the Petroleum Exporting Countrys (OPEC) and non-OPEC nations late July as oil producers look for ways ...

OPEC Might Adjust Oil Cut Deal

OPEC delegates were encouraged by Russia to change the OPEC-led deal to cut oil supplies, opening the door to clear the global supply glut.

Iraq Exports 592m Barrels of Oil in 1H 2017

Iraq exported more than 592m barrels of oil since January, according to the Oil Marketing Company SOMO.

Saudi Heavy Crude Price to Asia to Increase by August

Saudi Arabia is aiming to raise prices for its exported heavy crude to Asia by August to the highest level in more than three years.

Kuwait Oil Exports to Japan Increase 10.2% in May

Kuwait boosted crude oil exports to Japan by 10.2% in May, which is the first growth in four months.

OPEC Oil Output Boosts in June by 280,000b/d

OPEC oil output has increased in June by 280,000b/d to a 2017 high, has increased in June by 280,000b/d to reach a 2017 high as Libya and Nigeria continue to recover production levels.

Libya’s Oil Production Exceeds 1mb/d

Libyan production reached over 1mb/d, increasing OPEC oil output.

OPEC will not Rush into Further Output Cuts

OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits.

Zanganeh: OPEC Aims for Deeper Output Cuts

OPEC members are considering further oil output cuts but should wait until the effect of the current reduced level of production is made clear

Al-Mazrouei: No Need for Extraordinary OPEC Talks

"No one is talking about extraordinary. We are at the beginning of the agreement, I think we need to give it a little bit of time," the United Arab Emirates Energy Minister, Suhail bin Mohammed al-Mazrouei, said,

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