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4

Editorial

6

international organizations

10

OAPEC Member Countries

12

OAPEC Activities

17

Petroleum Developments

29

International News

30

Tables Annex

Content

OAPEC Monthly Bulletin is published by the General Secretariat of OAPEC- Information and Library Department.

(ISSN: 1018-595X )

All rights reserved. No reproduction is permitted without prior written consent of OAPEC.

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The Cover

In this issue

Since the mid of 2014, global

oil prices witnessed significant

developments

with

continuous

decline following 3 years of relative

stability of the oil barrel price around

$100. This has triggered concerns and

questions over the reasons behind

the oil losing its par value in a very

short time within no more than 4

months. It also raised questions over

the potential implications of these

developments for the global economy

in general and the oil producing and

exporting countries and the future of

the oil industry in particular.

OPEC 168

th

Meeting concludes

The Importance of a Continued Dialogue with non-OPEC Countries

2 New Petroleum

Agreements Signed

in Egypt

Fourth GCC-India Industrial Forum 2015

6

10

12