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OPEC’s Oil Surge May Not Be Enough to Lower Prices
03 Apr 2025 17:02 GMT
… iStock via Getty Images
The Organization of the Petroleum Exporting Countries (OPEC) recently announced that it …
Background on OPEC
A photo of the OPEC Seminar.
OPEC is an … countries.
Recent announcements from OPEC and OPEC+ (a larger organization with …
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OPEC+ unexpectedly speeds up oil output hikes, oil drops
03 Apr 2025 16:36 GMT
… /MOSCOW (Reuters) -Eight OPEC+ countries unexpectedly agreed on Thursday …
Eight members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies led … decision on Thursday partly reflects OPEC+ leaders’ wish to improve …
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Oil Slumps as Trump Tariffs, OPEC+ Output Hike Rattle Market
03 Apr 2025 13:56 GMT
… Hours later, the Organization of the Petroleum Exporting Countries and its allies … an oversupplied market.”
OPEC Shift
The bumper output … well as internal issues, OPEC+ has also faced external … of uncertainty.
The eight OPEC+ countries participating in …
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Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower
03 Apr 2025 13:18 GMT
… view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations … market conditions."
The eight OPEC+ producers this month started … .
Without referencing individual countries, OPEC said in its Thursday statement …
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The Great Unwinding Begins At OPEC+ Amid Trump Tariff Hikes
03 Apr 2025 13:42 GMT
… The gradual approach underscores OPEC+’s cautious strategy to … if conditions shift.
Other OPEC+ countries like Iraq and … on compliance is critical for OPEC+ cohesion, as overproduction has … If this new combination of OPEC+ unwinding, evolving market factors …
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Brent oil drops over 6% as Opec reviews hikes
03 Apr 2025 14:33 GMT
… ,000 bpd in May. Opec cited “continuing healthy market … addition to two monthly increments,” Opec said, referring to the …
Thursday’s decision partly reflects Opec+ leaders’ wish to improve … production quotas, analysts said.
“Opec+ focus is on compliance and …
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OPEC+ to raise crude oil output by 411,000 b/d in May
03 Apr 2025 15:30 GMT
… b/d).
The eight OPEC+ countries — which previously announced … market conditions and outlook, OPEC said.
The development comes … increments, in May 2025,” OPEC said.
This comprises the increment … it said.
The eight OPEC+ countries will hold monthly …
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OPEC+ monitoring committee to meet on April 5
03 Apr 2025 15:49 GMT
… 47;TASS/. The OPEC+ Join Ministerial Monitoring Committee will … piece of information.
Eight OPEC+ countries participating in … its website.
Representatives of OPEC+ countries usually analyze … Ministerial Monitoring Committee of OPEC+ countries, which is …
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Eight OPEC+ countries to increase oil production growth to 411,000 barrels daily — OPEC
03 Apr 2025 15:51 GMT
… /TASS/. Eight OPEC+ countries participating in voluntary oil … 411,000 barrels daily, OPEC said on its website.
… plan for production increase, OPEC said.
The opportunity to … recovery and the positive outlook, OPEC said. Gradual production growth …
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Eight OPEC+ countries to accelerate production growth
03 Apr 2025 17:08 GMT
… eight participating countries of OPEC will implement a production … 2025, APA reports, citing OPEC's official statement. … market stability. The eight OPEC+ countries also noted that … their compensation.
The eight OPEC+ countries will hold monthly …