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rania el gamal

Rania El Gamal

(Photo: Reuters)

Arab OPEC sources expect oil prices to rise back above US $70 by end-2015

by Rania El Gamal |Dec 23, 2014

The delegates, some of which are from core Gulf OPEC producing countries, said they may not see a return of crude oil prices to US $100 any time soon.

Photo: Reuters

Facing new oil glut, Saudis avoid 1980s mistakes to halt price slide

by Rania El Gamal |Oct 14, 2014

Three decades ago, the spike in prices caused by the 1973 Arab oil embargo and Iran's 1979 revolution sapped global oil demand, while the discovery of oil offshore in the North Sea spurred a new i...