OPEC | Egypt Oil & Gas - Part 47

Oil Price Slides on Weak China Data, Record Russian Output

Oil prices dropped again on Monday in response to weak economic data from China and record-high production figures from Russia.

OPEC Driving US Shale Downturn

The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg

Saudi Arabia in Cash Flow Crisis

Informed sources told Bloomberg that Saudi Arabia is delaying payments to government contractors thanks to the oil price slump.

Saudi-Russia Price War Extends to European Theatre

Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discountin

Qatar Energy Minister Predicts OPEC Oil Price Rebound

US News & World Report cited Qatar's Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers later thi ...

Venezuela Succeeds in Calls for OPEC Meeting

The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24

Russia and Saudi Arabia Talk Oil Prices, Shale, OPEC

Russia's energy minister told reports on Tuesday of his talk with his Saudi counterpart last week in Istanbul during the G20 energy ministers meeting

Aramco Holding Market Share by Decreasing Prices

Saudi Arabia has reduced its official selling price for Medium grade crude to Asia for November to a discount of $3.20 a barrel

UAE Firm on Energy Diversification Amid Oil Prices

“Investments are ongoing, we are a mature producer,” Energy Minister Suhail Al Mazrouei told reporters Sunday at a conference in Abu Dhabi

Saudi Adamant Over Prices as Crude Demand Returns to OPEC

Sources told Reuters that Saudi Arabia sees no need to hold a summit for oil producing countries' over oil prices if such discussions would fail to produce any concrete resolution of the outlying issue.

Page 47 of 56

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