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A service for energy industry professionals · Friday, April 18, 2025 · 804,376,301 Articles · 3+ Million Readers
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United Arab Emirates OPEC Meeting News Monitoring

  • Published on Apr 17, 2025

    Major oil producers present updated compensation plans to OPEC

    VIENNA: The OPEC Secretariat received on Wednesday updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan and Oman. As agreed during the virtual meeting held by the eight members of the OPEC+ alliance on …

    Source: Zawya - Indeterminate
  • Published on Apr 17, 2025

    Iraq, Kazakhstan, five other OPEC+ members pledge new compensation cuts

    Iraq, Kazakhstan and five other OPEC+ members implementing 2.2 million b/d of voluntary production cuts have submitted updated their compensation plans, the group said April 16, as it aims to make up for previous overproduction. In a statement, the …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 17, 2025

    Crude oil futures trade higher amid supply concerns  

    Crude oil futures traded higher on Thursday morning amid concerns over tighter supplies due to the US administration’s plan to impose new sanctions on Iran’s oil exports. At 10 am on Thursday, June Brent oil futures were at $66.49, up by 0.97 per cent, and …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 16, 2025

    OPEC+ countries to compensate 4.6 mln barrels daily of surplus production by June 2026

    MOSCOW, April 16. /TASS/. The Organization of Petroleum Exporting Countries (OPEC) received updated plans of surplus oil production compensation from seven OPEC+ countries, specifically from Russia, Saudi Arabia, Iraq, the UAE, Kuwait, Kazakhstan …

    Source: TASS - Gov't Propaganda
  • Published on Apr 15, 2025

    US tariffs prompt OPEC to cut 2025 oil demand forecast

    The Organization of the Petroleum Exporting Countries (OPEC) on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy. In its Monthly Oil Market Report (MOMR) for April, the Secretariat now sees demand …

    Source: National Accord Newspaper - Neutral
  • Published on Apr 15, 2025

    OPEC cuts global oil demand growth forecasts over US tariffs

    The Organisation of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy. A report by Reuters quoting the OPEC Monthly Oil Market Report for April said the …

    Source: Punch - Indeterminate
  • Published on Apr 14, 2025

    OPEC cuts 2025 oil demand forecast over US tariffs, others

    By Chinelo Obogo The Organisation of the Petroleum Exporting Countries (OPEC) has reviewed its 2025 oil demand growth forecast downward, citing US trade tariffs and planned output increases by OPEC nations. In its April Monthly Oil Market Report (MOMR), …

    Source: The Sun Nigeria - Indeterminate
  • Published on Apr 14, 2025

    OPEC cuts oil demand outlook amid US tariff hit despite output hike

    The Vienna-based cartel now expects demand to rise by 1.3 million barrels a day this year and 1.28 million barrels a day the next, compared with previous projections of 1.45 million barrels and 1.43 million barrels a day, respectively. “Oil demand is …

    Source: Mint - Neutral
  • Published on Apr 14, 2025

    OPEC+ Policy Shift 'Highly Significant'

    In a report sent to Rigzone by Standard Chartered Bank Commodities Research Head Paul Horsnell recently, analysts at the bank, including Horsnell, noted that, in their view, “the shift in OPEC+ policy announced on April 3 is a highly significant one”. “We …

    Source: Rigzone - Neutral
  • Published on Apr 15, 2025

    How Trump is Trying to Finalize Another Big Nuclear Deal

    As the United States negotiates with Iran to try to curb its nuclear program, it is also advancing towards a preliminary agreement on a civilian nuclear program with one of Iran's main rivals, Saudi Arabia. Why it Matters Saudi Arabia is a key Middle …

    Source: Newsweek - Left-wing
  • Published on Apr 12, 2025

    Why is BRICS+ suddenly running everything?

    Dereje Yiemeru BRICS+ collectively represents nearly half of the world’s population and is set to overtake the G7 in terms of global gross domestic product (GDP) share by 2028. The figures underscore the critical role of BRICS in the international arena, …

    Source: The Sunday Mail (Zimbabwe) - Gov't Propaganda
  • Published on Apr 17, 2025

    US stocks declined and havens were bid amid US-China trade frictions - Newsquawk Asia-Pac Market Open

    US stocks declined and havens were bid as US-China trade tensions remained heightened with the tech sector the worst hit amid US export restrictions on certain NVIDIA and AMD chips to China, while nearly all sectors finished in the red aside from energy …

    Source: Zero Hedge - Right-wing
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