the Organization of the Petroleum Exporting Countries (OPEC) | Egypt Oil & Gas

OPEC+ Decisions Could Curb Oil Supply by 20%

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced yesterday to cut oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, curbing global ...

Russian Oil Production Hits 11-Month Low in May

Russian crude oil production has declined to its lowest level since June 2018, reaching 11.11 million barrels per (mb/d) in May.

Russia to Be Committed to OPEC Oil Deal Cuts

Russia is committed to apply the oil supply cut agreement with the OPEC and its allies, according to UAE’s Energy Minister, Suhail Al-Mazroui.

Russia to Consider All Options on OPEC Deal

Russia has not taken its final decision on extending the crude oil output cuts, as per the OPEC-led agreement.

Russia to Raise Oil Output from June

Russia plans to change the supply deal with the Organization of the Petroleum Exporting Countries (OPEC) and increase its oil output upon meeting OPEC in June.

Decision on OPEC Output Deal Expected in June

OPEC and its allies will not determine their output policy in April to reconsider the full impacts of their production cuts on the market.

Saudi Arabia, Russia to Continue Energy Cooperation

Russia's President Vladimir Putin and Saudi Arabia's King Salman bin Abdulaziz Al Saud, in a telephone conversation, stated continuing their support for coordinating the global energy markets, the Kremlin said.

OPEC, Russia to Discuss Oil Output

The Energy ministers from Saudi Arabia, Iran, and Iraq will be among representatives of key member's of the Organization of the Petroleum Exporting Countries (OPEC) producers meeting with Russia for informal discussi ...

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