logo
Questions? +1 (202) 335-3939 Login
Set Up FREE Account Submit Release
Trusted News Since 1995
A service for energy industry professionals · Thursday, April 10, 2025 · 802,080,134 Articles · 3+ Million Readers
Home  •••  Newswires by Industry  •  Countries  •  U.S. States  •  World Media Directory
Energy Industry News  •••  Topics  •  Countries  •  U.S. States

OPEC & Quotas News Monitoring

  • Published on 10:59 GMT

    OPEC March oil output falls on Venezuela, Iran losses amid sanctions

    OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to domestic refineries and Iranian and Venezuelan supply dropped on renewed U.S. attempts to curb the flows. The Organization of the …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 9, 2025

    OPEC Struggles to Rein In Biggest Cheat Despite Saudi Arabia’s Scolding

    (Bloomberg) -- Saudi Arabia’s oil supply shock has set up a standoff with OPEC members who keep busting their quotas, but the biggest of the offenders has yet to flinch.  Kazakhstan — whose persistent flouting of production limits triggered Riyadh’s ire — …

    Source: Mint - Neutral
  • Published on Apr 9, 2025

    NNPC crude suspension to Dangote refinery affected OPEC output – Report

    The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March. A Reuters survey found that OPEC oil output …

    Source: Punch - Uncategorized
  • Published on 07:18 GMT

    ‘Oil price drop to affect road construction, social interventions, others’

    There is uncertainty over implementation of the 2025 budget as the global oil price has fallen massively below the projected benchmark of $75 per barrel. President Bola Ahmed Tinubu had in February signed the 2025 budget of N54.9 trillion. Tinubu …

    Source: Daily Trust - Label Pending
  • Published on 04:21 GMT

    Standard Chartered: Time To Dial Down the Oil Panic?

    Oil prices earned an unexpected reprieve on Wednesday afternoon, regaining over 3% immediately following U.S. President Donald Trump's surprise decision to pause reciprocal tariffs for 90 days for all except China. After flirting with prices below $60, …

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

    OPEC+ Hikes Output as Trump Tariffs Rattle Global Markets

    Global oil prices suffered from the steepest decline in five years, as markets absorbed the dual shock of sweeping new U.S. trade tariffs and an unexpected oil production hike from the OPEC+ alliance of oil producers. Fears of a global economic slowdown, …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Apr 7, 2025

    OPEC+ surprise output hikes highlight fading discipline

    OPEC+’s surprise decision to add more oil to a well-supplied market reeling from the prospect of a global economic trade war suggests the group is struggling to keep its own house in order. The Organization of the Petroleum Exporting Countries and its …

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

    Reuters Survey Shows OPEC Output Down 110,000 Bpd in March

    A Reuters survey on Monday showed OPEC oil output falling in March, driven primarily by drops in supply from Nigeria, Iran and Venezuela.  OPEC pumped 26.63 million barrels per day in March, or 110,000 bpd less than February, according to the survey.  …

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

    Saudi Arabia cuts May oil prices to Asia close to four-year low after OPEC+ supply boost

    Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to regain market share as part of OPEC+'s strategy to speed up oil output …

    Source: American Journal of Transportation - Neutral
  • Published on Apr 7, 2025

    OPEC+ committee emphasizes need for quota, compensation plan compliance

    The committee overseeing the OPEC+ crude production agreement has noted “the critical importance” of producers sticking to quotas and compensation plans, according to an OPEC statement following a meeting April 5. The group did not indicate any changes to …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 6, 2025

    Oil majors see stocks plummet as tariffs, Opec+ increases stun markets

    Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs and Opec+ production increases punished global markets and sent benchmark crude prices to their lowest levels in years. Analysts …

    Source: Upstream - Neutral
  • Published on Apr 6, 2025

    OPEC+ Rips Off the Band-Aid

    By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken for a period of time is a necessary part of regaining their lost market share. On April 3, OPEC+ surprised the market by raising its headline production targets by 411 …

    Source: The National Interest - Washington D.C. - Right-wing
  • Published on Apr 9, 2025

    [UPDATED] FG’s Oil Target Threatened As N’Delta Community Protests, Disrupts 28, 000b/d Production

      Possibility of the Federal Government meeting its oil production target set in the 2025 national budget may have been disrupted, as a protest by the Itsekiri community in the Niger Delta halts operations at a 28,000-barrel-per-day Escravos oil production …

    Source: Channels TV - Neutral
  • Published on Apr 9, 2025

    How Nigerian businesses can survive and thrive amid accelerating inflation

    Nigeria’s business landscape is marked by innovation, resilience, and an unyielding entrepreneurial spirit. Despite economic headwinds, businesses in the country have continually adapted to new challenges, finding ways to remain competitive and sustain …

    Source: Business Day - Neutral
  • Published on Apr 8, 2025

    Trump’s trade war fuels recession fears, disrupts FG’s N55tr fiscal plan

    • Nigeria suffers N2.5tr unrealised oil revenue in Q1 • Turmoil places Nigeria $11 behind budget benchmark price • Experts warn of more borrowing, higher inflation • Four lead revenue agencies remit N31tr to FAAC in 12 months Nigeria risks slipping deeper …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Apr 7, 2025

    Libya’s First Oil Bid Round in 18 Years Offers Production Sharing Contracts

    Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libya is offering a total of 22 blocks for exploration and …

    Source: Oil Price - Neutral
  • Published on 16:13 GMT

    Overproducing Kazakhstan Discusses Oil Output Cuts With Firms

    Kazakhstan, which has been pumping oil above its OPEC+ quota, is in negotiations with the companies operating in the country on potentially trimming output to fall in line with the OPEC+ agreements, Kazakhstan’s energy ministry told Russian news agency …

    Source: Oil Price - Neutral
  • Published on 10:52 GMT

    Oil Drops Below $60 Per Barrel As FG Intensifies Diversification

      Nigeria’s oil revenue is being threatened by the decline of oil prices below $60 per barrel, reaching levels reminiscent of the devastating downturn experienced during the peak of the COVID-19 pandemic. Brent crude, global oil price, fell by 5.09 percent …

    Source: Channels TV - Neutral
  • Published on 06:03 GMT

    Marketers, experts welcome naira-for-crude policy

    Experts and independent marketers on Wednesday welcomed the reinstatement of the naira-for-crude policy, saying it should be permanent as it would strengthen the naira and enhance energy security. The federal government, through the Ministry of Finance, …

    Source: Daily Trust - Label Pending

04 days 09:21:23

Featured Releases

Got News to Share? · Submit · See All
Got news to share? Submit it now.
Load more energy industry news or search news using your own keywords. There are 802,080,134 articles in our news database.

Online News Monitoring Made Simple

Established in 1995, EIN Newsdesk helps millions of users track breaking news across thousands of trusted websites. Users may set up custom email newsletters and RSS feeds or search among thousands of preset news sections. As a member, you may also submit your own news using the EIN Presswire distribution service. Membership is free and we do not sell or lease any information about you. Press release distribution, dedicated APIs, and custom services generate the revenue that allow us to offer you free basic access.

News by Country & by Industry

Worldwide News Coverage

Track news across more than 5,000 sources by country or industry or search our real-time news index.

Energy Industry News by Country >
Energy Industry News by U.S. State >
Energy Industry News Topics >
Online News Publications >
World News Report >

News Alerts & News Feeds

Custom News Monitoring

News page results can be outputted as RSS or received daily by email. You may also use our NewsPlugin for WordPress.

Create Email Newsletter >
Create RSS Feed >
NewsPlugin for WordPress >

Submit News

PR Distribution Service

Our EIN Presswire's distribution footprint reaches millions. You can upload news which is re-published through EIN Newsdesk, fed into Twitter and Facebook, and onto partner sites, Google News, Bing News, etc.

EIN Presswire >
Events >

World Media Directory

News Media Guide

This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 03/19/2025

World Media Directory >

Energy Industry Press Releases

Got News to Share? · Submit · See All
Got news to share? Submit it now.

Energy Events

See All

No event was found.

Become a Member - Join Today!
Join thousands of professionals. Stay current. Stay competitive.
  • Track news from thousands of sources
  • Submit news sources for inclusion in our news tracking algorithm
  • Build your own customized email newsletters
  • Use of our RSS Feeds
  • Includes a complimentary EIN Presswire account plus 1-free release
  • Uncluttered & advertising free news pages

Energy Industry Today by EIN Newsdesk & EIN Presswire (a press release distribution service)

Follow us on Facebook and connect with us on LinkedIn

Newsmatics Inc., 1025 Connecticut Avenue NW, Suite 1000, Washington, DC 20036 · Contact · About

© 1995-2025 Newsmatics Inc., a publisher of EIN News · All Rights Reserved · Privacy Policy · User Agreement