OPEC | Egypt Oil & Gas - Part 49
Iraqi Crude Dents Oil Prices Amidst OPEC Production Commitments
Oil declined from a four-month high in New York after Iraq raised crude exports in April to the most in three decades.
Mexico Supports Algeria’s Bid to Cut Oil Output
Mexico supports Algeria's initiative to encourage dialogue between OPEC and non-OPEC countries in a bid to begin collective action that would help stabilize oil markets through a coordinated production cut, Algerian ...
OPEC Pumps Record 2m bpd in Q1
The world's biggest oil exporters in OPEC have increased production and are now pumping almost 2m bpd more crude than required, the highest surplus for at least a decade.
Venezuela Discuss OPEC and Oil Price Control with Iran
Venezuelan Foreign Minister Delcy Elonia Rodriguez Gomez announced that she had conferred on oil and energy policies with Iranian officials during his Monday visit to Tehran. Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down
Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency ...
Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers
Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices.
OPEC Market Share Plans Come Under Fire from Fellow OPEC Members
OPEC is making a mistake by seeking to preserve its share of global crude sales amid a global production glut instead of trimming output to prop up prices, Oman’s oil minister said. OPEC Should Cut Oil Output, Libya Official Says
OPEC should change course and cut oil supply by 800,000 barrels per day (bpd) or more to prevent an expected return of Iranian exports from weighing on prices, Libya's OPEC governor said.
