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A service for energy industry professionals · Saturday, April 26, 2025 · 806,937,092 Articles · 3+ Million Readers
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OPEC Output News Monitoring

  • Published on Apr 24, 2025

    Oil Prices Drop 2% as OPEC+ Plans to Accelerate Production

    Thu 24 Apr 2025 | 01:30 AM Oil prices fell 2% on Wednesday after sources reported that OPEC+ would consider accelerating its oil production increase in June. However, losses were mitigated by a report that US President Donald Trump may cut tariffs on …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on 00:15 GMT

    USD/CAD Holds Firm As Mixed Trade Headlines Cloud USD Outlook

    Friday, April 25, 2025 3:34 PM EDT Image Source: Unsplash The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger oil prices against a firmer Greenback. The US Dollar Index (DXY) is …

    Source: myMotherLode - Pending
  • Published on Apr 24, 2025

    Oil steadies after 2% drop on potential OPEC+ output increase

    By Colleen Howe BEIJING (Reuters) - Oil prices ticked up early on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.- …

    Source: Yahoo Finance - Pending
  • Published on Apr 25, 2025

    UAE economy is the fastest growing in the region at 4.5%

    A Reuters poll forecasts that the UAE's economy will grow by 4.5% this year, down from the 5.0% forecast in January, but it will still be the fastest in the region. The Reuters poll, conducted from April 9 to 24, surveyed 19 economists, forecast that …

    Source: Gulf Today - Pro-Government
  • Published on Apr 23, 2025

    Kazakhstan Defies OPEC+ in Push for Oil Autonomy

    Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future compliance and cohesion within the cartel. Kazakh Energy …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Arab fossil-fuel states launch international low-carbon hydrogen initiative

    An international organisation that co-ordinates energy policies among oil-producing Arab states has launched an initiative to support the development of green and blue hydrogen across its 11 member countries. The Kuwait-based Organization of Arab Petroleum …

    Source: Upstream - Neutral
  • Published on Apr 23, 2025

    Venezuela Rejects Reuters Report as Oil Output Rises Despite U.S. Sanctions

    Despite ongoing challenges and misleading foreign media coverage, oil production in Venezuela is trending upward.Photo:EFE. April 23, 2025 Hour: 6:35 pm Venezuelan Vice President Denies Reports of PDVSA-Chevron Disputes; Official Data Shows Oil Production …

    Source: teleSUR - Gov't Propaganda
  • Published on Apr 25, 2025

    Oil up but heads for weekly drop under supply pressure

    2025-04-25T05:29:20+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil prices rose for a second session on Friday buoyed by potential de-escalation of the U.S.-China trade war, but the market was headed for a weekly decline amid concerns about …

    Source: Shafaq News - Indeterminate
  • Published on Apr 23, 2025

    Oil Prices Fall Below $63 Amid OPEC+ Tension, US Crude Stock Build

    According to Reuters, Kazakhstan, which produces nearly 2% of global crude output, "will prioritize its national interests over those of the OPEC+ group when deciding on oil production levels." Separately, the Energy Information Administration …

    Source: Progressive Farmer - Neutral
  • Published on Apr 23, 2025

    Oil falls 2% after sources say OPEC+ to mull accelerating output

    Some OPEC+ members to suggest accelerating output in June -sources * Kazakhstan: Oil output levels decided by national interest, not OPEC+ * US crude stockpiles rise, fuel inventories fall * Washington considering cutting tariffs on Chinese imports HOUSTON …

    Source: London South East - Neutral
  • Published on Apr 24, 2025

    OPEC+ Faces Internal Strain As Oil Price War Looms

    (MENAFN- The Arabian Post) Tensions between OPEC+ members are escalating, with Kazakhstan's defiance in adhering to production quotas leading to renewed volatility in the global oil market. This clash, stemming from the group's efforts to enforce …

    Source: MENAFN - Indeterminate
  • Published on Apr 23, 2025

    Oil slides nearly 3% on possible Opec output hike

    Houston — Oil prices slipped 3% on Wednesday as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed after a report that US President Donald Trump may cut tariffs on Chinese imports. Brent crude futures …

    Source: BusinessLIVE - Pending
  • Published on Apr 23, 2025

    Oil prices fall as Kazakhstan defies OPEC+ output limits

    Oil prices dipped around 1% on Wednesday after Kazakhstan emphasized it would prioritize its own interests over OPEC+ output agreements, overshadowing earlier gains driven by U.S. sanctions on Iran, falling crude inventories, and signals of easing U.S.- …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 23, 2025

    Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output in June

    HOUSTON: Oil prices fell almost 2% on Wednesday as sources said OPEC+ could accelerate its oil output increases next month, but losses were curbed after a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures were …

    Source: Business Recorder - Neutral
  • Published on Apr 23, 2025

    Oil Prices Tumble On Report Some OPEC+ Members Want Accelerated Output Increase

    Update 10:33 am ET: What was already an ugly day for oil on the back of the Kazakhstan comments that it would effectively not adhere to OPEC+ quotas, turned even uglier after Reuters came out with another oil hit piece, reporting that "some" OPEC …

    Source: Zero Hedge - Right-wing
  • Published on Apr 23, 2025

    Oil prices down about 1% after Kazakhstan defiance on high crude output

    Oil prices lost about 1% on Wednesday after Kazakhstan struck a defiant tone about its rising oil output, erasing earlier gains on the back of U.S. sanctions against Iran, falling U.S. crude stocks and President Donald Trump softening his tone on China. …

    Source: Zawya - Indeterminate
  • Published on Apr 23, 2025

    Oil Prices Tumble On Report Some OPEC+ Members Want Accelerated Output Increase

    Update 10:33 am ET: What was already an ugly day for oil on the back of the Kazakhstan comments that it would effectively not adhere to OPEC+ quotas, turned even uglier after Reuters came out with another oil hit piece, reporting that "some" OPEC …

    Source: Zero Hedge - Right-wing
  • Published on Apr 25, 2025

    Oil set for weekly fall under supply pressure

    By Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday and were set for a weekly decline of over 2% on the back of oversupply concerns and uncertainty around tariff talks between the U.S. and China. Brent crude futures (BZ=F) fell 86 cents to $64.79 a …

    Source: Yahoo Finance - Pending
  • Published on Apr 24, 2025

    Building material costs likely to remain steady

    By Beatriz Marie D. Cruz, Reporter THE COST of building materials is likely to remain steady this year amid government demand and slowing inflation, although geopolitical uncertainties may cause price volatility, according to construction company …

    Source: Business World - Pending

02 days 14:41:13

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