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    • OPEC Production Cut

OPEC Production Cut Newsletter
  • Hedge funds retreat from oil as war risk fades: Kemp 30 Apr 2024 05:23 GMT

    … . The combined position was cut to 566 million barrels … threat for now to oil production facilities around the Persian … output gradually in the second half of the year. Non-OPEC production … gas producers announced cuts in drilling and output. The combined …

  • Oil Falls as Geopolitical Risk Premium Decreases 29 Apr 2024 19:52 GMT

    Oil fell as signs of progress … has risen this year on OPEC+ supply cuts and heightened tensions in … third of the world’s oil. Meanwhile, shifting expectations for US … premiums for diesel and heating oil over crude have fallen to …

  • News24 | Petrol price will be hiked on Wednesday, but diesel gets a cut 29 Apr 2024 19:04 GMT

    … of illuminating paraffin will be cut by 19c a litre. … contributing factors to the hotter oil prices were the growing … the Middle East and sustained production cuts by OPEC+ countries, the Department of … US interest rates would be cut soon. We live in …

  • Business as usual in oil and gas is a high risk strategy for us all 29 Apr 2024 18:54 GMT

    … fuel industry, living off OPEC-manipulated cashflow, defended by … the scope of emissions cuts to be diminished. Whilst … investors. Why? Consider oil demand Carbon Tracker research … technologies required. From production growth to production planning As noted …

  • 20 Biggest Oil Producing Countries in Asia 29 Apr 2024 17:28 GMT

    … increase is driven by non-OPEC+ production rising 1.6 mb… ;d, while OPEC+ production is expected to dip by … ;d due to voluntary supply cuts. The Russia-Ukraine conflict has … in foreign capital and boost oil output. Located in shallow waters to …

  • Saudi Arabia Is Expected to Raise Its Oil Prices to Asia to a 5-Month High 29 Apr 2024 16:27 GMT

    … the world’s top crude oil exporter, could raise later this … tighter supply due to the OPEC+ cuts could also prompt the Kingdom … tightened after Abu Dhabi National Oil Company (ADNOC) started sending its … pricing trends of the Saudi oil giant, so the Kingdom’s …

  • Marginal Increase in Output from Overseas Fields of Oil PSUs 29 Apr 2024 14:57 GMT

    … geopolitical factors. Production cuts mandated by OPEC+, which includes major oil producers like Saudi … ’s international oil and gas output, and restrictions on their production limit potential …

  • Oil Producers Flush With Cash Cut Reliance on Funding Markets 29 Apr 2024 12:56 GMT

    … from rising oil prices, buoyed by robust demand and OPEC+ production cuts. Read More … : Odds of $100 Oil Are Rising … may “significantly increase” their oil and gas production through 2030 with “enough …

  • Oil price news: Oil erases loss amid focus on U.S. efforts for truce in Gaza 29 Apr 2024 13:17 GMT

    Oil erased an earlier decline as … has risen this year on OPEC+ supply cuts and heightened tensions in … third of the world’s oil. Meanwhile, shifting expectations for U … concern about diesel and heating oil markets, where premiums over crude …

  • Fuel hike on cards as oil prices on upward trend 29 Apr 2024 12:05 GMT

    … an inflationary uptick.   “Global crude oil prices maintained their upward trend … oil prices globally. This is further reinforced by the OPEC-driven voluntary production cuts … , exerting further upward pressure on oil prices,” reads a ministerial statement …

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