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A service for energy industry professionals · Thursday, April 3, 2025 · 799,743,961 Articles · 3+ Million Readers
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Central Asia OPEC & Quotas News Monitoring

  • Published on Apr 2, 2025

    Russian order slashes Kazakh oil export capacity amid OPEC+ row

    Russia has ordered the Black Sea terminal handling Kazakhstan’s oil exports pumped by U.S. majors Chevron CVX and Exxon Mobil XOM to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production. The operator of the …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 2, 2025

    OPEC+ will discuss Kazakhstan's output at the Thursday meeting, sources claim

    Two delegates said that eight OPEC+ nations meeting on Thursday, will focus on convincing Kazakhstan to stop exceeding their output quota as well as its plans to compensate overproduction while the group increases gradual production. Sources have said that …

    Source: World Energy News - Connecticut - Label Pending
  • Published on Apr 2, 2025

    OPEC+ Energy Ministers to Discuss Production Quota Compliance

    Energy ministers of the OPEC+ producers will discuss in a Thursday call the importance of sticking to the oil production quotas under the deal, delegates from the alliance told Bloomberg on Wednesday. In every press release for years, the OPEC+ group has …

    Source: Oil Price - Neutral
  • Published on Apr 2, 2025

    Kazakh CPC Oil Exports to Drop by 700,000 bpd After Russian Suspension

    Caspian Pipeline Consortium (CPC) blend oil exports have been capped at 1 million barrels per day, taking a potential 700,000 bpd off the market, after Russia ordered the shutdown of two out of three moorings at the CPC main Black Sea oil export terminal.  …

    Source: Oil Price - Neutral
  • Published on Apr 2, 2025

    Iraq cuts oil output ahead of OPEC+ move

    2025-04-02T09:05:13+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq has reduced its oil production ahead of planned supply increases by the OPEC+ alliance, according to a Bloomberg survey. OPEC+, led by Saudi Arabia and Russia, is scheduled to …

    Source: Shafaq News - Uncategorized
  • Published on Apr 2, 2025

    Nigeria Cuts March OPEC Quota by 50,000bpd in Blow to 2025 Budget

    •Oil steadies near $75 as market weighs Trump’s tariffs, sanctions Emmanuel Addeh in Abuja The Organisation of Petroleum Exporting Countries (OPEC) reduced crude oil production last month, with curbs in Nigeria amounting to about 50,000 barrels per day, a …

    Source: This Day - Pro-Government
  • Published on Apr 2, 2025

    Kazakhstan’s oil and condensate production hits record in March, sources say

    Kazakhstan’s oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and stable exports via the Caspian pipeline, further exceeding OPEC+ production quotas, two industry sources said and Reuters …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 1, 2025

    Kazakhstan breaks oil production record in March, exceeds OPEC+ limit

    Kazakhstan's oil and gas condensate production reached a record high in March, driven by increased output at the Tengiz oilfield and steady exports through the Caspian Pipeline Consortium (CPC), according to industry sources. According to Kazakhstan’s …

    Source: News.Az - Pro-Government
  • Published on Apr 1, 2025

    OPEC+ To Increase Oil Production in May: Report

    OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPEC+ group, comprised of the 12 OPEC members—Saudi Arabia, Iraq, Iran, Kuwait, Venezuela, Gabon, Algeria, Equatorial …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Kazakhstan Keeps Exceeding OPEC+ Quota With Record-High Oil Production

    Kazakhstan’s combined crude oil and condensate production reached an all-time high in March, which further exceeded the country’s crude output ceiling under the OPEC+ deal. Kazakhstan, a non-OPEC producer part of the OPEC+ pact, pumped a record high 2.17 …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Russia Halts Large Chunk of Kazakhstan’s Oil Export Capacity

    Russia has ordered shut two of the three moorings of the main oil export terminal on the Black Sea handling Kazakhstan’s oil exports, which could seriously disrupt Kazakh crude shipments if the suspension lasts more than a few days. Following snap safety …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Kazakhstan Is Taking Big Hits As Trump and Putin Feud

    Over the past few weeks, the Trump administration has attempted to broker a peace deal between Russia and Ukraine, offering a glimmer of hope that the 3-year war could soon come to an end. The U.S. has held separate meetings with Russian and Ukrainian …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Uncertainty Dominates Oil Markets Ahead of Trump's Tariff Deadline

    Oil markets are on edge as Trump prepares to roll out his tariff plan, with commodities around the world set for significant disruptions in the coming weeks. - European gas and utility companies have moved into the spring replenishment season of 2025, …

    Source: Oil Price - Neutral
  • Published on 09:03 GMT

    TNP fire reduces daily crude oil production by 50,000 barrels 

      Oil production in Nigeria went down by 50,000 barrels a day to an average of 1.5 million per day, in line with its quota. Also, loading of the country’s Bonny Light crude grade faced delays following a fire at the Trans-Niger Pipeline. This is as the …

    Source: Blueprint Newspapers Limited - Label Pending
  • Published on 07:53 GMT

    Oil prices plummet 3 per cent amid Trump’s tariff shockwaves

    Oil prices fell by as much as 3 per cent on Thursday after US President Donald Trump announced sweeping new tariffs that investors worry will enflame a global trade war that will curtail economic growth and limit fuel demand. Brent futures were down $1.97, …

    Source: Cyprus Mail - Uncategorized
  • Published on Apr 2, 2025

    US stocks rebounded amid some hopes for less aggressive tariffs - Newsquawk Asia-Pac Market Open

    US stocks were choppy but ultimately finished with a positive bias in which the SPX and NDX gained and the DJIA and RUT closed flat after risk sentiment was boosted by CNBC's Megan Casella who reported that there are three main tariff options that …

    Source: Zero Hedge - Label Pending
  • Published on Apr 1, 2025

    The Real Reason Putin’s Offer Was Too Good for Trump To Refuse

    The Western news media on the US/Russia relations is almost always so far behind the curve, that it’s a miracle they’re still in the game. Anyone who follows the issue closely knows that the deal between the US and Russia to end the war in Ukraine has …

    Source: Oil Price - Neutral
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