Increased crude oil production after OPEC’s decision supports energy market stability: experts
A number of oil and energy experts confirmed that the increase in…
OPEC to raise production as Saudis break Iranian resistance
OPEC will increase oil production in a move its main proponent, Saudi…
Oil prices plunge as reports of increased production by OPEC, Russia emerge
Oil prices plunged on Friday to their lowest levels in weeks, on…
81.5% of world’s proven crude oil reserves located in OPEC member countries
Middle Eastern countries contributed to the majority, 65.5%, of the Organisation of…
Oil markets hope for OPEC production cut
OPEC ministers will assemble in Vienna this week to discuss an extension…
OPEC likely to extend oil output cut
After logging their biggest one-day drop in more than a month on…
How a fluctuating oil market is likely to impact Egypt
The oil market has been in decline for a considerable period of…
Saudi Arabia names new oil minister
Saudi Arabia has announced the ouster of its longtime oil minister as…
OPEC to decide on oil export policy
The world's net oil exporters aren't expected to announce a production cut…
Oil supply forecast to shrink next year
Cheap oil prices have been massively affecting global markets, from countries' budgets…