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Saudi Arabia limits its oil production to maintain its leadership in OPEC+
18 Apr 2025 08:47 GMT
… meant that Saudi Arabia, OPEC+'s main oil … 47;LEONHARD FOEGER
While eight OPEC+ countries have announced their … oil.
Logo of the Organization of the Petroleum Exporting Countries, OPEC - REUTERS/ … in production in other OPEC+ countries is due to …
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Iraq’s Q1 oil exports fall 3% amid OPEC+ cuts, voluntary reductions
18 Apr 2025 08:03 GMT
… production curbs in line with OPEC+ agreements and additional
voluntary reductions …
voluntary cuts and the broader OPEC+ targets. Among the measures was …
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Saudi Arabia Faces Fiscal Strain As Oil Prices Slump Amid OPEC+ Output Surge And Trade Tensions
17 Apr 2025 21:40 GMT
… , including increased oil output from OPEC+ members and escalating trade tensions … . This downturn is influenced by OPEC+'s decision to incrementally … bank cites increased supply from OPEC+ and the risk of a …
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Iraq leads OPEC+ overproduction as OPEC battles to enforce output limits
17 Apr 2025 19:34 GMT
Baghdad (IraqiNews.com) – OPEC+ continues to wrestle with production … June 2026.
Since late 2022, OPEC+ has introduced several rounds of …
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Oil prices rise on US sanctions, OPEC supply cuts
17 Apr 2025 07:35 GMT
… to supply concerns, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday it had … for pumping above quotas.
Still, OPEC, the International Energy Agency and …
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Major oil producers present updated compensation plans to OPEC
17 Apr 2025 09:13 GMT
VIENNA: The OPEC Secretariat received on Wednesday updated … the eight members of the OPEC+ alliance on April 3, the …
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OPEC says Iraq, Kazakhstan and others to cut output more in compensation plan
17 Apr 2025 04:50 GMT
MOSCOW: The Organization of the Petroleum Exporting Countries (OPEC) has received updated … said on Wednesday.
OPEC+, which includes OPEC, plus Russia and … by other members of OPEC+ in May, providing … the table shows.
However, OPEC+ has repeatedly revised the …
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OPEC+ Efforts at Oil Quota Compensation Look Flimsy as Ever
17 Apr 2025 07:58 GMT
As OPEC+ makes yet another push for … expanded by more than 40%. OPEC+ delegates have said that Astana … slumped, with the combination of OPEC+’s decision and President Donald … with the matter.
For Iraq, OPEC’s internal data show a …
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Oil at weekly highs on Iran sanctions, OPEC cuts
17 Apr 2025 07:40 GMT
… output cut pledges from key OPEC members fuelled expectations of tighter … of the Petroleum Exporting Countries (OPEC) confirmed that it had received … under pressure to meet its OPEC+ obligations and plans to reduce …
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OPEC Receives Updated Output Cut Compensation Plans From Iraq, Kazakhstan And Others
17 Apr 2025 02:27 GMT
…
Image Source: Unsplash
The Organization of the Petroleum Exporting Countries announced on Wednesday that … and implementing corrective measures, OPEC aims to prevent an oversupply … and Russia.
The updated OPEC compensation plan increases monthly production …
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