Organization of the Petroleum Exporting Countries | Egypt Oil & Gas

OPEC Slashes Oil Demand Forecast by 9.1%

The Organization of the Petroleum Exporting Countries (OPEC) has dramatically cut its expected forecast for global oil demand this year, citing that this upcoming quarter will see the steepest decline.

Petrojet Discusses Cooperation with Rosetti Marino

The head of Petrojet, Salah Ismail, met with the CEO of Rosetti Marino, Oscar Guerra, to discuss joint cooperation.

More Oil Moved through Suez Canal

The movement of vessels carrying oil and petroleum derivatives through the Suez Canal has increased by 36% from 6.8m tons in December 2015 to reach 9.3m tons in December 2016.

Saudi Arabia, Algeria Talked Output Freeze

The Saudi Energy Minister was in Algiers for talks with his Algerian counterpart on the Organization of the Petroleum Exporting Countries (OPEC) policy and agreeing there should be a new date for technical committee ...

Platts: OPEC Pumps 29.27 MMbpd in Dec

The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production averaged 29.27 million barrels per day (b/d) in December, up 170,000 b/d from an estimated 29.1 million b/d in November, ac ...

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