OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency said on Saturday, but Russia and other ex-Sovi... Read more
Petroleum Minister Tareq el Molla witnessed on Tuesday the inking of an agreement between Egypt’s Arab Petroleum Pipelines Co. (SUMED) and Saudi Aramco’s trading arm, Aramco Trading Co... Read more
Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic growth to keep mar... Read more
Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the IMF said on Saturday, and she cautioned against spending money on “white elephant projects”.... Read more
