OPEC | Egypt Oil & Gas - Part 57
OPEC Wants To Push Oil Price Down To $100/Bbl – Chief
OPEC wants to push oil prices back down to $100 a barrel by boosting production as it fears demand destruction, the group’s chief said Thursday. The shift in policy by the Organization of Petroleum Exporting Cou... Oil Better-Supplied for First Time Since 2009, IEA Says
Oil markets are better-supplied for the first time since 2009 as “sluggish” demand and OPEC output at more than a three-year peak eased inventory depletion, according to the International Energy Agency. Global oil inv... No Need for OPEC to Increase Production
The president of the Organization of Petroleum Exporting Countries, OPEC, said Monday the organization is producing enough crude oil, and political situations are to blame for the current high oil prices. “OPEC ... Saudi Arabia Names Candidate to Head OPEC
Saudi Arabia has nominated its candidate to succeed the current head of the Organization Petroleum Exporting Countries, Gulf oil sources said Tuesday, potentially reviving a scramble for influence within the producers... OPEC Keeps Oil Demand Forecast Steady, Warns on European Economic Crisis
The Organization of Petroleum Exporting Countries kept its forecast for 2012 oil demand unchanged, while warning that Europe’s debt crisis could harm global consumption. Oil use will increase by 1.1 million barrels a ... PM discusses with Arab oil ministers boosting investment in Egypt
Prime Minister Dr. Kamal Al- El Ganzoury meets on 24/12/2011 with Arab Ministers of Energy and Petroleum participants in the activities of the 85th meeting of the Council of Ministers of the Organization of Arab Petro... Brent oil down as rebels capture most of Tripoli
Brent crude fell to near $106 a barrel Monday as Libyan rebels captured most of the country’s capital, boosting hopes the OPEC nation’s oil exports could resume soon. In London, Brent crude for October del... OPEC may hike oil output to ease prices
Major oil cartel OPEC may consider increasing output for the first time in 4 years to ease prices and lessen the drag of high energy costs on global economic growth. According to a prominent member of the Organization... 
