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Citi cuts short term Brent crude price forecast to $55 on potential US-Iran nuclear deal
09 May 2025 15:08 GMT
… barrel, as U.S.-Iran nuclear deal talks resume, raising … potentially escalatory actions like curbing Iran’s nuclear programme, could push … has come with tariffs and OPEC+ adding supply back to … ,” Citi said.
On Saturday, OPEC+ agreed to increase oil production …
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OPEC April oil output falls – Report
09 May 2025 01:19 GMT
… some producers offsetting higher Iranian supply, the Reuters survey … The reduction comes despite OPEC+, which comprises OPEC and its allies, … pressure to boost compliance with OPEC+ output quotas, also … more, Iran boosted exports in April, and provided OPEC’s …
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Trump looks to reestablish US influence in Middle East with foreign foray
10 May 2025 11:11 GMT
… to how to deal with Iran and its nuclear program.
… came days after the Organization of the Petroleum Exporting Countries, led by Saudi Arabia … , and regional deterrence against Iran. The second is a … lacks a coherent stance on Iran’s nuclear program, which …
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Oil ETFs Heat Up As OPEC+ Pump-Up, US-UK Trade Deal, China Talks Fuel Rally
08 May 2025 20:45 GMT
… volatility.
Also Read: US-Iran Talks Fuel Oil Rally: Here … keen to observe whether the OPEC+ production increase smoothes the … such as the OPEC+ output boost or US-Iran nuclear talks. While … of looser supply conditions from OPEC+ and stronger global trade …
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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 … higher Iranian supply. The reduction comes despite OPEC+, which comprises OPEC and … supply from Iran and Venezuela. The biggest drop among OPEC members …
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Iran Keeps Crude Oil Exports Flowing Amid Ongoing Sanctions - Minister
08 May 2025 11:41 GMT
… latest data from OPEC. This
marks a slight … Company operates three.
Iran';s total hydrocarbon reserves … imposed new sanctions against Iran in November 2018 over
Iran';s nuclear program … sanctions have affected
Iranian oil exports and more than …
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Iran Voices Support For OPEC+ Measures To Stabilize Oil Market
08 May 2025 08:03 GMT
… global oil market, Iran';s Oil Minister and OPEC's …
Zones National Company of Iran operates five gas fields, the … Oil Company operates three.
Iran';s total hydrocarbon reserves … with existing
technological equipment. Iran can use about 30 percent, …
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Oil production hike by OPEC+ nations triggers global market unrest, threatens U.S. energy dominance
07 May 2025 21:23 GMT
… energy stability in question.
OPEC+ nations including Saudi Arabia … behind the move: Disciplining OPEC+ cheaters, primarily Kazakhstan, … flows ahead of potential Iranian sanctions relief, spiking … Advisor Jake Sullivan accused OPEC+ of "campaigning …
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Rising OPEC Output Could Lead to Continued Pressure on Oil Prices
07 May 2025 19:46 GMT
… -making in the past. OPEC typically would use production quotas … 2021, as shown below, OPEC would typically cut production quotas … recently been frustrated with some OPEC members, like Iraq and … tensions between the US and Iran are heating up, the gesture …
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Counter-intuitive: Why Opec wants lower oil prices
07 May 2025 13:51 GMT
… Riyadh has been voting at Opec+ meetings for higher production … , launching price wars against Opec cheaters in 1985-86, … US sanctions on two Opec+ rivals: Iran and Venezuela. If either … defence guarantees, weapons contracts, Iran and a Saudi civilian nuclear …