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Saudi Arabia limits its oil production to maintain its leadership in OPEC+
18 Apr 2025 08:47 GMT
… the objectives of reducing hydrocarbon production. A problem that is aggravated … crude oil.
Logo of the Organization of the Petroleum Exporting Countries, OPEC - REUTERS/LEONHARD … to be focusing on the mining industry as a fundamental pillar …
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OPEC Receives Updated Output Cut Compensation Plans From Iraq, Kazakhstan And Others
17 Apr 2025 02:27 GMT
… EDT
Image Source: Unsplash
The Organization of the Petroleum Exporting Countries announced on Wednesday that … strategies to implement additional oil output cuts.
These cuts are … to the agreed-upon production cuts.
Iraq, OPEC’s biggest overproducer, intends …
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Iraq’s Q1 oil exports fall 3% amid OPEC+ cuts, voluntary reductions
18 Apr 2025 08:03 GMT
… year, amid
continued production curbs in line with OPEC+ agreements and … Iraq’s commitment to a production adjustment plan initiated in …
voluntary cuts and the broader OPEC+ targets. Among the measures … .
Iraq’s crude
oil production also declined in the first …
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Crude oil logs first weekly gain in 3 weeks: Brent, WTI up 5%; Buy or sell?
19 Apr 2025 16:37 GMT
… and simple oil refiners.
The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday it … further output cuts to compensate for pumping above quotas.
However, OPEC, the …
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OPEC receives oil output compensation plans from eight countries
16 Apr 2025 09:09 GMT
Moscow: The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight … that have exceeded voluntary production quotas within the OPEC+ group, it said …
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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
… of factors, including increased oil output from OPEC+ members and escalating trade … influenced by OPEC+'s decision to incrementally reverse previous production cuts … 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
… OPEC+ continues to wrestle with production discipline, as the latest March crude output … Oman, are participating in production cuts, Reuters reports that … largest volume of excess production to address, has … compensate for their excess output with future cuts — …
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Implications And Scenarios If U.S. Oil Production Plateaus In 2027
17 Apr 2025 18:06 GMT
… , reckon the country’s output - currently north of 13 … also predicted that a 2027 production plateau sounds fairly plausible. … path for American energy production under the Biden administration … for OPEC+ will start rising again as U.S. oil production …
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Palm production increases, causing a fourth consecutive session of declines
17 Apr 2025 13:15 GMT
… was due to expectations that production would increase. However, strong competition … selling pressure due to rising production and future exports being lower … oil trade, and some OPEC producers promised further production cuts.
Palm oil …
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Palm falls for fourth session as higher production weighs
17 Apr 2025 11:57 GMT
… expectations of a rise in production, although strong rival oils limited … on the back of rising production and lower future exports due … trade and as some OPEC producers pledged further output cuts.
Palm oil …