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A service for energy industry professionals · Thursday, July 10, 2025 · 830,084,446 Articles · 3+ Million Readers
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OPEC Algeria News Monitoring

  • Published on 07:40 GMT

    UAE Championing Balanced Oil Markets Through OPEC+ Engagement

    Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, reaffirmed the UAE’s full backing for OPEC+ mechanisms, underlining the nation’s commitment to sustaining equilibrium in global oil markets through capacity expansion and coordinated …

    Source: Arabian Post - Pending
  • Published on 05:05 GMT

    Why OPEC+ Is Pumping Fast and Playing Hardball

    OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August.   Instead of the widely expected 411,000 barrels per day (bpd), the group of eight OPEC+ producers led by Saudi Arabia and Russia decided to add …

    Source: Oil Price - Neutral
  • Published on Jul 9, 2025

    Market braces for sub-$60 oil as Opec+ lifts output

    Global oil prices are poised to fall below $60 per barrel by year-end as Opec+ accelerates its unwinding of production cuts, catching markets off guard with an aggressive push to reclaim market share. In a surprise move over the weekend, the group …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Jul 9, 2025

    Minister: OPEC+ decisions show correct understanding of market situation

    The decisions made by OPEC+ demonstrate that the alliance understands the state and needs of the oil market better than others, said the Minister of Energy of the United Arab Emirates, Suhail Al Mazrouei, during the 9th OPEC International Seminar, APA- …

    Source: APA - Gov't Propaganda
  • Published on Jul 9, 2025

    OPEC+ Plans 550,000bpd Output Raise In September

    The Organization of Petroleum Exporting Countries (OPEC) would likely hike output by September as the producer group meets soon. The OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of …

    Source: Leadership - Neutral
  • Published on Jul 8, 2025

    OPEC+ set for September 2025 production boost

    The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is expected to approve a 550,000 barrels per day (bpd) hike for September 2025, as reported by Reuters. The decision will culminate the phased return of 2.17 million bpd from …

    Source: Offshore Technology - Neutral
  • Published on Jul 8, 2025

    Oil Markets Brush Off the OPEC+ Production Push

    Oil prices have remained elevated at the start of this week despite expectations that OPEC+ will approve another big production boost for September. - Diesel was widely expected to be the main refined products underperformer this year but, defying Trump …

    Source: Oil Price - Neutral
  • Published on Jul 8, 2025

    Iraq and OPEC+ Plan Output Hike in August

    Iraq has reaffirmed its commitment to ensuring oil market stability, aligning with fellow OPEC+ nations during a virtual meeting held on the 5th of July 2025. The session, which included Saudi Arabia, Russia, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, …

    Source: Iraq International News Agency - Neutral
  • Published on Jul 9, 2025

    8 Countries Provide 44% Financial Buffer For Africa Energy Bank Kick Off

    As the Africa Energy Bank (AEB) prepares to officially launch operations, eight countries have collectively provided a significant financial buffer, contributing 44 per cent of the required minimum contributions for the bank. The AEB, IS a $5 billion …

    Source: Leadership - Neutral
  • Published on Jul 6, 2025

    Oil Market Heading For Surplus In 2025 On Latest OPEC+ Output Hike

    An oil storage facility in Groot-Ammers, The Netherlands.getty The global oil market is likely heading for a surplus this year following a higher than expected production hike by OPEC+ over the weekend. At their meeting on Saturday, eight members of OPEC+, …

    Source: Forbes - Neutral
  • Published on Jul 8, 2025

    Saudi plays short and long game with OPEC+ production gamble: Bousso

    (The opinions expressed here are those of the author, a columnist for Reuters.) LONDON - Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its dominance …

    Source: Zawya - Indeterminate
  • Published on Jul 8, 2025

    OPEC+ set to complete big oil output cut unwinding in Sept

    LONDON: OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates’ move to a larger quota, five sources said. The group, …

    Source: Business Recorder - Neutral
  • Published on Jul 8, 2025

    OPEC+ Reaffirms Oil Market Strategy, Adjusting August Production

    By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a virtual meeting held on 5 July, the group cited healthy market …

    Source: Iraq Business News - Neutral
  • Published on Jul 7, 2025

    CVX, SHEL, OXY: Oil Prices Fall as OPEC+ Again Boosts Production

    Oil prices are sliding lower as tensions in the Middle East ease and the OPEC+ cartel increases its production starting in August. Don’t Miss TipRanks’ Half-Year Sale An eight-nation subset of the Organization of the Petroleum Exporting Countries and its …

    Source: Markets Insider - Neutral
  • Published on Jul 7, 2025

    OPEC+ agrees to increase oil output

    A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, Nov 30, 2023. [Photo/Agencies] The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on …

    Source: China Daily - Gov't Propaganda
  • Published on Jul 7, 2025

    OPEC is pumping more oil, but is it needed and at what price?: Russell

    (The opinions expressed here are those of the author, a columnist for Reuters) LAUNCESTON, Australia, July 7 (Reuters) - Two questions stand out after the decision by OPEC to accelerate increases in crude oil output: who is going to buy the extra crude, …

    Source: Mint - Neutral
  • Published on Jul 7, 2025

    Opec+ decides to accelerate oil output hike in August

    Eight key Opec+ members – Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman – will increase production by 548,000 b/d next month Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA …

    Source: MEED - Neutral
  • Published on Jul 7, 2025

    Global crude/condensate supplies show surprising upside despite muted OPEC-8 exports

    Global crude/condensate exports (excluding Iran, Venezuela, and Sidi Kerir) have been increasing steadily since last September, driven by growing OPEC+ exports, while non-OPEC+ exports have remained relatively stable since mid-2023. The Sidi Kerir port …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 7, 2025

    OPEC+ to Boost Oil Production by 548,000 Barrels a Day

    [Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices …

    Source: Transport Topics - Neutral

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