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A service for energy industry professionals · Thursday, June 4, 2026 · 917,426,977 Articles · 3+ Million Readers
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OPEC & Quotas News Monitoring

  • Published on 20:17 GMT

    The Real Politics Behind UAE's OPEC Exit

    The UAE’s decision to leave the Organisation of Petroleum Exporting Countries, while initially shocking markets, had in fact been signalled by years of growing tension between the Emirates and other members of the organisation. The withdrawal reflects …

    Source: RealClearPolitics - Pending
  • Published on 11:06 GMT

    Iraq may demand higher OPEC quota, but unlikely to quit

    Once the Middle East war dust clears away and the region is back to normal, Iraq could renew demands for higher OPEC oil production quota. Analysts believe Iraq could be motivated by the UAE’s decision to exit OPEC and the fact that its current quota is …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 3, 2026

    Saudi Arabia and Russia draw closer amid OPEC upheaval

    Russia and Saudi Arabia each produce between 9-10 million barrels of oil a day. Together, they account for over 20% of total world oil production. This gives them significant control over supply, despite Western sanctions and price caps on Russian oil …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jun 3, 2026

    Why the UAE Broke Up with OPEC

    The United Arab Emirates’ decision to leave OPEC represents more than a disagreement over production quotas. It raises broader questions about the organization’s ability to accommodate the ambitions of its members and highlights growing tensions within …

    Source: International Policy Digest - Left-wing
  • Published on 19:35 GMT

    Saudi energy minister calls for ‘stable energy sector’ during Russia visit

    Prince Abdulaziz bin Salman and other top OPEC officials visit the St Petersburg International Economic Forum. Published On 4 Jun 20264 Jun 2026 Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al Saud has met his Russian counterpart in St …

    Source: Al Jazeera - Pro-Government
  • Published on Jun 2, 2026

    Opec+ likely to further increase output target

    OPEC+ oil-producing countries will likely agree a ‌further hike in their output target for July when they meet on Sunday, Reuters said quoting three sources. However, the US-Iran war and the blockade of Strait of Hormuz has so far prevented several of …

    Source: Trade Arabia - Neutral
  • Published on 10:45 GMT

    100 days of Iran war: Gulf states grapple with security and economic consequences

    For the regional Gulf Cooperation Council (GCC) states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — the consequences of the US-Israeli conflict with Iran extend far beyond immediate military threat. Since February 28, …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jun 2, 2026

    OPEC+ likely to raise July oil output target

    VIENNA: OPEC+ oil-producing countries will likely agree a further hike in their output target for July when they meet on Sunday, three sources said, though the Iran war has so far prevented several from delivering previous increases. Another quota increase …

    Source: Business Recorder - Neutral
  • Published on 17:50 GMT

    Saudi Energy Minister Says Kingdom Remains Reliable, Flexible Supplier

    Saudi Energy Minister Prince Abdulaziz bin Salman seized the spotlight at a high-level dialogue session held during the 2026 St. Petersburg International Economic Forum, breaking a strategic silence that had become a focus of questions and a gauge for …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Jun 2, 2026

    OPEC+ warned of lasting consequences of the Strait of Hormuz blockade

    Oil market experts have warned OPEC+ countries that the consequences of blocking the Strait of Hormuz will be felt at least until the end of 2026, even if the key maritime route is quickly reopened. This was reported by Bloomberg, according to UNN. Details …

    Source: UNN - Neutral
  • Published on 11:21 GMT

    Dollar and Crude pull back, ES and NQ weighed on by AVGO and CRWD earnings - Newsquawk US Market Open

    An informed source to Al Arabiya said the agreement on the release of frozen Iranian funds in its final stages, but the search continues for a mechanism on frozen funds. However, US President Trump informed the mediators of his refusal to release funds to …

    Source: Zero Hedge - Right-wing
  • Published on Jun 2, 2026

    Opec+ Likely To Raise July Oil Output Target Despite Hormuz Disruption, Sources Say

    (MENAFN- Khaleej Times) Opec+ oil-producing countries will likely agree a further hike in their output target for July when they meet on Sunday, three sources said, though the Iran war has so far prevented several from delivering previous increases. …

    Source: MENAFN - Indeterminate
  • Published on May 29, 2026

    Japan “may gain advantages” from the withdrawal of UAE from OPEC: Analyst

    Arab News Japan TOKYO: The United Arab Emirates’ withdrawal from OPEC (Organization of Petroleum Exporting Countries) and OPEC+ on May 1 could be of great benefit to Japan, according to ASAOKA Takahiro, a Senior Research Fellow at the Itochu Research …

    Source: Arab News Japan - Pro-Government
  • Published on May 28, 2026

    Two exits reflect an OPEC in transition

    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 United Arab Emirates recently left the Organization of the Petroleum Exporting …

    Source: China Daily Global - Gov't Propaganda
  • Published on Jun 3, 2026

    Nigeria’s oil GDP grows 2.57% as production slips

    Nigeria’s oil sector expanded in the first quarter of 2026, posting its second consecutive year-on-year growth even as actual crude output declined, underscoring the widening gap between sector performance metrics and on-the-ground production realities. …

    Source: Business Day - Neutral
  • Published on May 27, 2026

    Henry Srebrnik: UAE leaves OPEC cartel

    Breadcrumb Trail Links TJ Comment Columnist United Arab Emirates clearly finished with regional conformity Published May 27, 2026  •  Last updated 51 minutes ago  •  4 minute read Exterior views of OPEC (Organization of the Petroleum Exporting Countries) …

    Source: Telegraph-Journal - Pending
  • Published on Jun 2, 2026

    5 global oil shocks in 53 years: How they caused upheaval, forced reforms in India | Cut The Clutter

    Aren’t you a little bit surprised that one keyword that’s dominated our lives and headlines all of these days for the moment has faded away? Oil. But, be sure it will come back in your life because if not today then tomorrow, the government will carry out …

    Source: The Print - Neutral
  • Published on May 25, 2026

    UAE-OPEC break and Iran’s leadership vacuum

    West Asia is undergoing a transformation that defies the traditional blueprints of regional stability. For decades, the geopolitical architecture of the Persian Gulf rested on two pillars: The institutional cohesion of OPEC, led by Saudi Arabia, and the …

    Source: Hindustan Times - Indeterminate
  • Published on May 25, 2026

    Nigeria’s Oil Sector Under Pressure After Abu Dhabi’s OPEC Exit

    After 60 years as a member of the Organization of the Petroleum Exporting Countries (OPEC), the United Arab Emirates (UAE) has decided to officially withdraw from the alliance. The unexpected decision has shaken the oil producer’s group and shapes new …

    Source: Modern Diplomacy - Neutral

27 days 00:48:29

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