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A service for energy industry professionals · Tuesday, July 8, 2025 · 829,379,043 Articles · 3+ Million Readers
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OPEC Iraq News Monitoring

  • Published on 02:34 GMT

    Oil prices gain as strong demand offsets big OPEC+ output hike

    HOUSTON: Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of US tariffs. Brent crude futures rose 91 cents, or 1.3%, to $69.20 by 12:20 …

    Source: Business Recorder - Neutral
  • Published on 05:51 GMT

    Oil Jumps As New-Found Bears Shrug Off OPEC's Massive Output Boost

    Analysts now think strong demand is driving the market: File Image/Pixabay Despite the Organization of the Petroleum Exporting Countries (OPEC) boosting output more than expected for August, oil traders responded strongly to signs of strong demand – …

    Source: Ship & Bunker - Neutral
  • Published on 11:22 GMT

    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 01:13 GMT

    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 06:09 GMT

    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 02:29 GMT

    Oil rises 1pc as demand offsets big Opec Plus hike

    Oil rose one per cent yesterday as signs of strong demand outweighed the impact of Opec+ hiking output more than expected for August, as well as concern about the potential impact of US tariffs. Brent crude futures rose 91 cents, or 1.3 per cent, to $69.20 …

    Source: Gulf Daily News Online - Pro-Government
  • Published on 02:34 GMT

    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 7, 2025

    Oil rises as strong demand offsets big OPEC+ output hike

    HOUSTON — Oil rose 1 per cent on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs. Brent crude futures LCOc1 rose 91 cents, or 1.3 per …

    Source: BNN Bloomberg - Neutral
  • Published on 00:29 GMT

    Iraq Lifts Oil Output by 80,000 bpd Across Three Key Fields

    Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern fields, Nasiriyah, Gharraf, and Saba, IraqiNews reported on Monday, marking one of the country’s most significant boosts this year as …

    Source: Oil Price - 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
  • Published on Jul 7, 2025

    Eight OPEC+ Countries Reaffirm Commitment To Market Stability

    (MENAFN- Caribbean News Global) VIENNA, Austria – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually …

    Source: MENAFN - Indeterminate
  • Published on Jul 7, 2025

    'Planeloads of Russians' Touch Down in Iraq as Moscow Eyes Oil, Nuclear Deals

    The dull dirgeful drone of Russian has been gutturally resonating around various governmental departments in southern Iraq in the past few weeks, particularly since the U.S. and Israel grew tired of the game of nuclear Whac-A-Mole being played by Baghdad’s …

    Source: Oil Price - Neutral
  • Published on Jul 7, 2025

    Goldman Sachs Expects Another OPEC+ Superhike in September

    The OPEC+ producers are expected in August to agree on another superhike in production for September that would complete the unwinding of the 2.2 million barrels per day (bpd) output cuts, Goldman Sachs said after the alliance surprised the market with a …

    Source: Oil Price - Neutral
  • Published on Jul 7, 2025

    OPEC+ to Complete Unwinding of Oil Output Cuts With Big September Hike

    The eight OPEC+ producers withholding supply to the market are set to complete the unwinding of their 2.2 million barrels per day (bpd) production cuts from 2023 with another supersized output hike of 550,000 bpd for September, five sources with knowledge …

    Source: Oil Price - Neutral
  • Published on Jul 7, 2025

    Oil prices under pressure following OPEC+ cuts rewind

    Oil prices remain under pressure in the face of potential oversupply and uncertain demand, as OPEC+ rolls back output cuts The eight OPEC + countries which previously announced additional voluntary adjustments (ie Saudi Arabia, Russia, Iraq, UAE, Kuwait, …

    Source: Oil Review Middle East - Neutral
  • Published on 11:07 GMT

    Global Energy Security: Western Dependence on Gulf Oil and the Role of Regional Mediation in Middle Eastern Conflicts

    Introduction The 1973 Oil Embargo first revealed the deep interconnection between Middle Eastern stability and global energy security. In response to US military support to Israel during the Yom Kippur war against Egypt and Syria, the Organization of Arab …

    Source: Georgetown Journal of International Affairs - Washington D.C. - Pending
  • 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

06 days 15:50:31

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