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OPEC Output Slips in April Despite Scheduled Hike, Survey Reveals
10 May 2025 17:03 GMT
… the Petroleum Exporting Countries (OPEC) dipped slightly in April … to better adhere to OPEC+ production quotas.
Production levels in … despite increased quotas for April.
While official OPEC data suggests … largest production hike among OPEC members.
According to …
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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 bpd … in oil prices caused by OPEC+ boosting supply and slowing demand …
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OPEC+ Tests the Shale Sector
09 May 2025 17:43 GMT
… 3 virtual meeting, eight OPEC+ states with voluntary production … OPEC countries focus more on growth rather than adherence to quotas … producers are frustrated by quota busting. Kazakhstan in particular … conditions and expectations that OPEC+ will ramp up supply …
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OPEC April oil output falls – Report
09 May 2025 01:19 GMT
… The reduction comes despite OPEC+, which comprises OPEC and its allies, … to boost compliance with OPEC+ output quotas, also curbed output, … and Kuwait, despite higher OPEC+ quotas for April.
“While the … are pumping close to the quotas, other estimates, such …
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
08 May 2025 21:38 GMT
… in defiance of its agreed OPEC quotas. That will depress prices … declines would then force the quota-busting troublemakers, which tend … defiance of its agreed OPEC quotas. That will depress prices … would then force the quota-busting troublemakers, which tend …
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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
… of OPEC+’s weekend decision to increase oil production quotas, … to observe whether the OPEC+ production increase smoothes the … looser supply conditions from OPEC+ and stronger global trade … OPEC+ said at the weekend it will raise its oil production quotas …
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OPEC+ Overproducer Kazakhstan Will Not Cut Oil Output in May
08 May 2025 16:35 GMT
… headaches with continuously busting its quota in the deal.
Kazakhstan, one … tolerate any longer OPEC+ producers regularly busting their quotas while others, such … .
Under the OPEC+ agreement, Kazakhstan’s crude oil production quota is 1 …
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Latest OPEC announcement sparks fears over tumbling oil prices
08 May 2025 15:10 GMT
… is the oil prices.”
While OPEC predicts it will be able … out more than their quota. He believes that OPEC will revise its … to revise that,” he said. “OPEC wants to grow market share … now, they're removing quotas. There is a big imbalance …
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OPEC April oil output edges lower despite plans for hike, survey finds
08 May 2025 12:39 GMT
… reduction comes despite OPEC+, which comprises OPEC and its allies … to boost compliance with OPEC+ output quotas, also curbed output, … and Kuwait, despite higher OPEC+ quotas for April. While the … are pumping close to the quotas, other estimates, such as …
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Kazakhstan reaffirms commitment to OPEC+ agreement
08 May 2025 04:35 GMT
… it is committed to the OPEC+ agreement and will continue to … oil output quotas over the past year, angering some OPEC+ members, … Arabia, which pushed for speedier OPEC+ production hikes at the last … meeting, OPEC+ sources have said.
Source: …