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OPEC Algeria Newsletter
  • Saudi says OPEC+ can pause or reverse oil output boost, criticises Goldman Sachs 07 Jun 2024 04:09 GMT

    … top ministers and officials from OPEC+, Saudi Energy Minister Prince … Prince Abdulaziz said OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies including … country, Saudi Arabia, Russia, Algeria, Kazakhstan, Kuwait, Oman and …

  • OPEC chief defends oil cut phase-out plans despite bearish market 07 Jun 2024 00:46 GMT

    … Emirates, Kuwait, Iraq, Iran, Algeria, Angola, Libya, Nigeria, Congo, … more non-OPEC countries form OPEC+ with the 13 OPEC members: … were concerned that the OPEC+ output decision could … Russia, Algeria, Kazakhstan, Kuwait and Oman. Senior OPEC+ ministers said …

  • OPEC+ could tweak oil pact if needed, ministers say 06 Jun 2024 12:29 GMT

    … and officials from OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led … demand outlook was positive. Some OPEC+ members, including Russia, agreed … also includes Saudi Arabia, Russia, Algeria, Kazakhstan, Kuwait, Oman and …

  • Nigeria, Iraq lead as OPEC oil production output increases in May 06 Jun 2024 15:15 GMT

    … and information from industry sources, OPEC member countries pumped 26.63 … compensate for earlier over-production. Algeria, a major player in oil … like Iran and Venezuela. OPEC and allies led by Russia … , together known as OPEC+, agreed to embark on …

  • UAE Remains Committed To Opec+ Despite Reports, Minister Says 06 Jun 2024 09:38 GMT

    … UAE has been committed to Opec+, consumers and the market … Arabia, Russia, Algeria, Kazakhstan, Kuwait, Oman and Iraq. Opec+ is an … market. Earlier this week, Opec allowed the UAE to increase … drops more than $1 as Opec+ decision spotlights shaky demand …

  • UAE committed to OPEC+, consumers and the market, minister says 06 Jun 2024 07:26 GMT

    … Emirates has been committed to OPEC+, consumers and the market despite … countries including Saudi Arabia, Russia, Algeria, Kazakhstan, Kuwait, Oman and Iraq …

  • Nigeria Boosts OPEC’s May Output with 50,000 bpd Additional Production 06 Jun 2024 02:54 GMT

    … Organisation of Petroleum Exporting Countries (OPEC) rose in May, as … agreed with the wider OPEC+ alliance. OPEC pumped 26.63 million … . Several members of OPEC+, which include OPEC, Russia and other … United Arab Emirates while only Algeria cut output, as a …

  • OPEC+ Outcome Appears Problematic for 2025, Macquarie Warns 05 Jun 2024 12:12 GMT

    … from OPEC participants Saudi Arabia, Kuwait, UAE, Iraq, and Algeria at … of the 37th OPEC and non-OPEC ministerial meeting. These … at the latest OPEC+ meeting, OPEC and non-OPEC Participating Countries in … hold the 38th OPEC and non-OPEC Ministerial Meeting on …

  • Nigeria And Iraq Increase OPEC Oil Export In May—Report 05 Jun 2024 09:45 GMT

    … in line with the broader OPEC+ agreement. Based on shipping … the second-largest producer in OPEC, and Kazakhstan, another … . Several members of OPEC+, which includes OPEC, Russia and other … Algeria cut output as a result of oilfield maintenance. OPEC pumped …

  • Higher exports from Nigeria, Iraq boost OPEC output by 145,000mbpd May 05 Jun 2024 04:20 GMT

    … of Petroleum Exporting Countries (OPEC) by 145,000 million … -largest producer, along with OPEC+ member Kazakhstan pledging to … . Several members of OPEC+, which includes OPEC, Russia and other … Algeria cut output, as a result of oilfield maintenance. OPEC …

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