OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say – Middle East Monitor
OPEC+ is considering a potential increase in oil output for July, possibly exceeding the 411,000 barrels per day (bpd) hikes ...
Saturday, May 31, 2025
Tag: OPEC
OPEC+ meets as oil output hike looms
OPEC+ ministers, led by Saudi Arabia and Russia, are discussing production increases amid falling oil prices, following recent output hikes ...
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell to their lowest level of the year as OPEC and allies confirmed plans to increase crude production ...
OPEC+ postpones meeting to decide oil production strategy to Dec. 5, sources say
The OPEC+ oil alliance postponed its meeting to Dec. 5 to discuss the crude production strategy, with member nations currently ...
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Market watchers are predicting a bearish outlook for crude oil prices, with fears of a drastic fall if OPEC+ unwinds ...
OPEC+ sticks to oil policy, repeats could pause Oct hike
OPEC+ has decided to maintain its current oil policy and may consider pausing the planned increase in production for October. ...
OPEC Plans a Gradual Unwinding of Production Cuts
The Organization of the Petroleum Exporting Countries (OPEC) has announced plans to gradually unwind production cuts starting in May. This ...
OPEC woos Namibia as African nation prepares to produce from 2030
The Organization of the Petroleum Exporting Countries (OPEC) is actively engaging with Namibia as the African nation prepares to start ...
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