-
Expert: OPEC+ Oil Cartel May Collapse By The End Of The Year
10 May 2025 17:24 GMT
… money from oil sales.
The OPEC+ oil cartel may collapse as … in the EU. The eight OPEC+ countries, including Russia and Saudi … allow a sharp collapse of OPEC+, which could happen by the … ; explained Krutikhin.
The collapse of OPEC+ will mean that each country …
-
OPEC Output Slips in April Despite Scheduled Hike, Survey Reveals
10 May 2025 17:03 GMT
… of the Petroleum Exporting Countries (OPEC) dipped slightly in April, … came even as OPEC+, which includes non-OPEC partners such … pressure to better adhere to OPEC+ production quotas.
Production … largest production hike among OPEC members.
According to the …
-
OPEC+ Tests the Shale Sector
09 May 2025 17:43 GMT
… 3 virtual meeting, eight OPEC+ states with voluntary production … Even before the latest OPEC+ surprise, Trump’s chaotic … of overproduction. Periodically, when OPEC countries focus more on … conditions and expectations that OPEC+ will ramp up supply …
-
Nigeria’s crude oil output falls by 4.37% in March, below OPEC’s quota – Report
09 May 2025 10:44 GMT
… Organization of Petroleum Exporting Countries (OPEC) has reported a decline in … Oil Market Report (MOMR) by OPEC.
The 64,000-bpd decline … ’s actual production and its OPEC quota of 1.5 million … in oil prices caused by OPEC+ boosting supply and slowing demand …
-
OPEC April oil output falls – Report
09 May 2025 01:19 GMT
… The reduction comes despite OPEC+, which comprises OPEC and its allies, …
The biggest drop among OPEC members in April was … pressure to boost compliance with OPEC+ output quotas, also curbed … Emirates and Kuwait, despite higher OPEC+ quotas for April.
“While …
-
Texas oil drilling applications at 4-year low as producers consider OPEC+ increase, trade war
08 May 2025 22:46 GMT
… due to concerns about rising OPEC+ supply and a trade conflict … drop in demand for oil.
OPEC+, the Organization of Petroleum Exporting …
-
HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
08 May 2025 21:38 GMT
… an ongoing power struggle within Opec, the twelve-nation oil exporters … -driven pressure to bring fellow OPEC members into line — most … an ongoing power struggle within Opec, the twelve-nation oil … -driven pressure to bring fellow OPEC members into line — most …
-
Oil ETFs Heat Up As OPEC+ Pump-Up, US-UK Trade Deal, China Talks Fuel Rally
08 May 2025 20:45 GMT
… keen to observe whether the OPEC+ production increase smoothes the … news events, such as the OPEC+ output boost or US- … of looser supply conditions from OPEC+ and stronger global trade relationships … this macroeconomic tug-of-war.
OPEC+ said at the weekend …
-
OPEC April oil output edges lower despite plans for hike, survey finds
08 May 2025 12:39 GMT
… Iraq and Libya. The Organization of the Petroleum Exporting Countries pumped 26.60 million barrels … . The reduction comes despite OPEC+, which comprises OPEC and its allies including … by sources at oil companies, OPEC and consultants. (Additional reporting by …
-
OPEC+ Overproducer Kazakhstan Will Not Cut Oil Output in May
08 May 2025 16:35 GMT
… under the agreement alongside OPEC’s second-largest producer, … not tolerate any longer OPEC+ producers regularly busting their … Kazakhstan have been the OPEC+ members chronically pumping above … engage in discussions about OPEC or OPEC plus.”
By Charles …