-
Kazakhstan's oil output rose in June, OPEC says
15 Jul 2025 20:42 GMT
… s frequently-exceeded quota set by the OPEC+ group, OPEC monthly data showed … the latest agreement reached by OPEC+, which includes the Organisation … allies, Kazakhstan's quota for June stood at 1 … below the country's OPEC+ quota of 9.161 million bpd …
-
Nigeria meets OPEC’s output quota of 1.5m bpd — second time in 2025
15 Jul 2025 20:38 GMT
… of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily … with Nigerian authorities.
The OPEC normally sources its crude oil … time Nigeria has met OPEC’s production quota of 1.5 million …
On July 6, OPEC and its allies (OPEC+) decided to increase …
-
OPEC says world economy may do better in second half of year
15 Jul 2025 20:43 GMT
… rebound from last year," OPEC said in the report.
… than currently expected."
The OPEC+ producer group, comprising the 12 … also showed that in June, OPEC+ pumped 41.56 million bpd … ;s increase in its June quotas. ( Editing by Kirsten Donovan)
…
-
Kazakhstan Silences Doubts, Vows To Stick With OPEC+ Strategy
15 Jul 2025 17:13 GMT
… to its obligations under the OPEC+ agreement and is not … , within the framework of OPEC+, Kazakhstan
is making every … and exceeds the quota set under the voluntary
OPEC+ agreement by … Exporting
Countries (OPEC) and 10 additional non-OPEC producers. Formed …
-
Nigeria Seeks 25% Higher OPEC+ Oil Production Quota for 2027
15 Jul 2025 13:29 GMT
… 2027, up from the current quota of 1.5 million bpd … pumping oil below its output quota for years, but has recently … baselines for individual members’ production quotas for 2027.
Nigeria will seek … able to pump to its OPEC quota for years.
Oil theft and …
-
Saudis Ask OPEC Watchers for Data Change to Abide by Quota
12 Jul 2025 11:00 GMT
… Arabia to stay within output quotas that Riyadh encourages other producer … in excess of their current quota.
The difference between supply- … to the kingdom’s agreed OPEC+ quota for June of 9.37 … of the OPEC+ alliance that have flouted their quotas, such as …
-
Saudi Arabia reaffirms OPEC+ compliance as June crude supply hits 9.35 million bpd
11 Jul 2025 18:38 GMT
… fully compliant with its voluntary OPEC+ production targets in June … complete alignment with the agreed quota, underscoring Saudi Arabia’s … are reported to the OPEC Secretariat on a monthly … In addition, all eight OPEC-designated Secondary Sources were formally …
-
Saudis Lift Oil Output Above Quota in Rare OPEC+ Breach
11 Jul 2025 11:04 GMT
Eight key OPEC+ nations, led by Saudi Arabia, have a tentative plan to restart another 548,000 barrels a day in September, completing the return of a 2.2 million-barrel tranche of halted supplies. The countries plan to take a pause in October before …
-
No peak oil demand in sight, says Opec
11 Jul 2025 05:30 GMT
… by 2050, according to the Opec cartel of producers.
Oil … live blog
Haitham al-Ghais, Opec’s secretary-general, said: … their production levels and agree quotas to try to control … The report was published as Opec once again barred journalists representing …
-
The three energy topics on everyone’s lips at the OPEC seminar
10 Jul 2025 16:45 GMT
… energy security and competitiveness."
OPEC Secretary-General Haitham al-Ghais … oil producing allies, known as OPEC+. Eight OPEC+ members — comprising heavyweight producers … and prized leverage during quota negotiations, with some OPEC countries – such as …