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OPEC Algeria Newsletter
  • OPEC Board Of Governors Meets In Vienna To Discuss Strategic Priorities 08 May 2025 11:41 GMT

    … Trend reports. According to OPEC, the meeting is chaired … by Nigeria's OPEC Governor, Ademola Adeyemi-Bero … participation of Governors from OPEC Member Countries, the Secretary … OPEC+ producers-Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria …

  • Nigeria missing as eight OPEC+ members raise output 06 May 2025 05:57 GMT

    … of the Petroleum Exporting Countries (OPEC), sparking concerns over the … Kazakhstan 1.5 million bpd), Algeria (928,000 bpd), Oman ( … needs or consider exiting OPEC if the organisation remains … the market. Read also: OPEC+ agrees another accelerated oil …

  • OPEC+ voluntary eight agree to further crude quota hike in June 06 May 2025 03:52 GMT

    … support oil market stability,” OPEC said. Analysts had expected … Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman — to raise quotas … output policy for July, OPEC said. The June quota … compensation plan schedule published by OPEC indicated that they will …

  • Oil Prices Sink After OPEC+ Agrees to Boost Produc 05 May 2025 23:27 GMT

    … of Petroleum Exporting Countries, OPEC+, agreed on May 3 … evolving market conditions," OPEC stated. "This flexibility … market stability. The eight OPEC+ countries also noted that … ; Last month, the eight OPEC+ members—Algeria, Iraq, Kazakhstan, Kuwait, …

  • Oil Futures Hit Four-year Low Due to OPEC+ Output Hike 05 May 2025 20:24 GMT

    … , Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman cited "current … . Production discipline has led to OPEC sitting on plenty of spare … short-term energy outlook pegged OPEC spare production capacity at 4 …

  • Opec+ to further increase oil production in June 05 May 2025 19:06 GMT

    Key members Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman have decided to increase production by 411,000 b/d next month Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA …

  • Saudi Arabia Raises Oil Price to Asia as OPEC+ Boosts Supply Further 05 May 2025 16:15 GMT

    … just as the Saudi-led OPEC+ group decided to continue … signals a sharp reversal from OPEC+ efforts to defend oil … prices. The OPEC+ producers that are cutting … eight OPEC+ producers – Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, …

  • Oil Drops as OPEC+ Commits to Another 411k-bpd Output Hike 05 May 2025 13:31 GMT

    … , Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman cited "current … . Production discipline has led to OPEC sitting on plenty of spare … short-term energy outlook pegged OPEC spare production capacity at 4 …

  • OPEC+ reaffirms commitment to stability, adjust production upward 05 May 2025 13:23 GMT

    … Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment … joint statement, the eight OPEC+ countries, which previously … , UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on … January 2024. The eight OPEC+ countries will hold …

  • Crude Oil Slips Below $60 As OPEC+ Signals Supply Increase 05 May 2025 13:22 GMT

    … Countries and its allies (OPEC+) of a planned increase … Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—agreed to increase … has adjusted its outlook for OPEC+, now forecasting that the … developments. Analysts noted that OPEC+’s decision to raise output …

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