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OPEC Production Newsletter
  • Tumbling Oil Prices, 21.6m Barrels Output Gap Threaten Nigeria’s 2025 Budget  08 Apr 2025 15:06 GMT

    … of Petroleum Exporting Countries (OPEC) output and heightened trade tensions, … citing the OPEC decision to phase out production cuts and … inability to significantly raise output, has been attributed to … With OPEC+ showing no signs of reversing its output hikes …

  • OPEC+ Hikes Output as Trump Tariffs Rattle Global Markets 07 Apr 2025 18:44 GMT

    … easing of voluntary production cuts, boosting output by 411,000 … February. While pledging to curb output, little had been done – … familiar. In 1997, OPEC boosted production by 2.5 million … field, and the planned OPEC+ production increase. The IEA forecasts …

  • OPEC March oil output falls 110,000 barrels per day, survey finds 08 Apr 2025 04:33 GMT

    … to weak demand and booming production outside the group. The figures … revised.   March output Feb output Change vs. Feb Target output Under/over … and Venezuela are exempt from OPEC output agreements. The Reuters survey aims …

  • Oil prices drop over U.S. tariffs, OPEC+ production increase 07 Apr 2025 11:28 GMT

    … in crude production output by Organization of the Petroleum Exporting Countries (OPEC) and … cent. On April 3, the OPEC+ member states including Saudi Arabia … , announced an increase in oil output by 411,000 barrels per …

  • OPEC+ surprise output hikes highlight fading discipline 07 Apr 2025 11:21 GMT

    … persistent lack of compliance with production quotas. And even more … Iraq have ramped up production capacity in violation of … condensate, Kazakhstan’s oil production increased last month to 1 … Reuters, far exceeding its OPEC+ output quota of 1.468 million …

  • Libya to offer production sharing contracts under new oil bid round 07 Apr 2025 21:53 GMT

    … adding that deals will involve production sharing agreements. The new … Exporting Countries (OPEC) seeks to raise its oil output. National Oil … Libya’s current crude production has reached about 1. … will be under a Production Sharing Agreement model, replacing …

  • Elliott Wave Predicts WTI Oil's Decline Ahead of Trump’s Tariffs and OPEC’s Plans 07 Apr 2025 21:26 GMT

    … almost 10% last week. OPEC’s planned production increase only exacerbated the … we have any insight into OPEC’s production plans. Instead, all it …

  • Saudi oil prices fall to four-month low after OPEC+ increases output 06 Apr 2025 21:01 GMT

    … months. The price reduction follows OPEC+ oil group's unexpected … a surprising move by eight OPEC+ nations, who on Thursday decided … to phase out oil production cuts, increasing output by 411,000 barrels …

  • Reuters Survey Shows OPEC Output Down 110,000 Bpd in March 07 Apr 2025 17:19 GMT

    … Reuters survey on Monday showed OPEC oil output falling in March, driven … saw a drop in March output of 50,000 bpd.  Nigeria … respect to Iran, February’s output was a record high not … last week’s OPEC+ announcement that it would boost production by three …

  • Libya’s First Oil Bid Round in 18 Years Offers Production Sharing Contracts 07 Apr 2025 17:19 GMT

    … of the conflict, oil production in Libya has often suffered … North African producer from the OPEC+ production quota agreements. Libya aims … to boost its oil production and attract foreign investments … looks to boost oil production to 2 million barrels …

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