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Saudi Arabia limits its oil production to maintain its leadership in OPEC+
18 Apr 2025 08:47 GMT
… that have meant that Saudi Arabia, OPEC+'s main … production from May onwards, Saudi Arabia, together with Kuwait, … oil per day of OPEC+.
Saudi Arabia has always been … oil.
Logo of the Organization of the Petroleum Exporting Countries, OPEC - REUTERS/ …
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Oil Prices Hit Hard by Saudi Arabia’s Next Move—What It Means for Energy Markets
18 Apr 2025 09:21 GMT
… 3.15 from OPEC+. Essentially, the Saudi contribution is double … refuse to cooperate. Further, Saudi Arabia has enough alternative … Council (GCC) nations namely Saudi Arabia, the United Arab … and minimal regulations.
Further, Saudi Arabia is accelerating its $ …
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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
… posing significant challenges for Saudi Arabia's budget, … including increased oil output from OPEC+ members and escalating trade … contributors to this increase include Saudi Arabia, Russia, and …
The fiscal implications for Saudi Arabia are significant, as …
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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 … excess.
While several countries, including Saudi Arabia, Russia, Iraq, the UAE … June 2026.
Since late 2022, OPEC+ has introduced several rounds of …
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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 … making the cuts are Saudi Arabia, Russia, Iraq, … the table shows.
However, OPEC+ has repeatedly revised the …
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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 compensation plans from Saudi Arabia … the eight members of the OPEC+ alliance on April 3, the … , Kuwait - 150 bpd, and Saudi Arabia - 15 bpd.
All …
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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 … -producing nations.
OPEC and its allies, including Saudi Arabia and Russia … in output by eight OPEC+ countries, including Saudi Arabia and Russia.
…
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OPEC+ Efforts at Oil Quota Compensation Look Flimsy as Ever
17 Apr 2025 07:58 GMT
… as bad as ever.
When Saudi Arabia and its partners announced … 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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Iraq, Kazakhstan, five other OPEC+ members pledge new compensation cuts
17 Apr 2025 05:44 GMT
Iraq, Kazakhstan and five other OPEC+ members implementing 2.2 … OPEC secretariat in Vienna said the seven producers — Iraq, Kuwait, Saudi … 16, partly on the OPEC statement, but market participants … a global economic slowdown, OPEC in its latest monthly oil …
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With oil around $66, what are Saudi Arabia’s options?
17 Apr 2025 04:34 GMT
… the unexpected output increase by OPEC+ members in the first … is state-backed energy producer Saudi Arabian Oil Company’s … lower,” said Bell.
The Saudi sovereign wealth fund, the Public … ,” said Bell.
Debt market
Saudi Arabia, which has announced plans …