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    • OPEC & Quotas

OPEC & Quotas Newsletter
  • 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 …

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