LONDON: The Organization of Oil Petroleum Countries (OPEC) stands ready to increase oil production if the Egypt crisis cuts the flow of crucial supplies through the Suez Canal to the West, its Secretary-General Abdalla Salem El-Badri indicated (...)
OPEC secretary general Abdalla Salem El-Badri said Friday he expected oil prices to rise to $70-75 per barrel by the end of this year.
“If this current trend continues, if recovery as we see it coming (materializes), we see a range of $70-75 by (...)