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A service for energy industry professionals · Tuesday, June 3, 2025 · 818,583,842 Articles · 3+ Million Readers
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OPEC United Arab Emirates News Monitoring

  • Published on 04:09 GMT

    OPEC+’s crude output hike comes amid tepid Asian oil demand

    The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when it comes to the supply of the world’s most important commodity. The eight members of the wider group that had implemented voluntary …

    Source: Hellenic Shipping News - Neutral
  • Published on 07:24 GMT

    Business InsightsThere's a less popular reason why Opec + is unwinding oil cuts

    At the weekend the group of eight Opec+ oil producers decided to continue their sped-up path towards unwinding their so called “voluntary cuts” in July by adding another 411,000 barrels per day of output. The result: oil prices rose by about 3 per cent …

    Source: The National News - Pro-Government
  • Published on 07:43 GMT

    There's a less popular reason why Opec + is unwinding oil cuts

    At the weekend, the group of eight Opec+ oil producers decided to continue their sped-up path towards unwinding their so called “voluntary cuts” in July by adding another 411,000 barrels per day of output. The result: oil prices rose by about 3 per cent …

    Source: The National News - Pro-Government
  • Published on 04:02 GMT

    Japanese refiners base US crude buy decisions on OPEC+ supplies, Middle East OSPs

    Japanese refiners are keen to regularly buy US crude in pursuit of feedstock import diversification, but OPEC+ supply and Middle Eastern crude price trends would mainly determine monthly North American cargo purchases, refinery sources said May 30-June 2. …

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

    UAE’s Oil Giant ADNOC to Cut Murban Crude Exports

    Abu Dhabi’s national oil company, ADNOC, forecasts lower export volumes of its flagship Murban crude between August 2025 and May 2026, as it plans to process higher volumes of the grade domestically. ADNOC plans to export 1.705 million barrels per day (bpd …

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

    Higher OPEC+ supply and geopolitics dominate oil market

    Energy – OPEC+ supply increase in line with our expectations OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. The increase is similar to those in May and June. By the end of July, the group will have …

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

    OPEC+ Ups The Ante Via Another 411,000 Barrels Per Day Oil Output Hike

    The logo of the Organization of Petroleum Exporting Countries (OPEC) is seen at its headquarters in ... More Vienna, Austria. (Photo: Joe Klamar)AFP via Getty Images Oil producers’ group OPEC+ decided to up its production levels despite weak crude prices …

    Source: Forbes - Neutral
  • Published on 09:01 GMT

    30th Anniversary Baku Energy Forum kicks off at Baku Convention Center

    The 30th edition of the Baku Energy Forum kicked off on June 3 at the Baku Convention Center, bringing together leading industry figures for strategic dialogue and exchange of ideas, APA reports. As an integral part of Baku Energy Week, the Forum marks its …

    Source: APA - Gov't Propaganda
  • Published on Jun 2, 2025

    Eight OPEC+ countries confirm July production hike

    Eight OPEC+ oil producers have confirmed they will hike production in July, according to their previously agreed plan to unwind 2.2mn bpd in voluntary cuts from April 2025 The eight OPEC+ countries, which previously announced additional voluntary …

    Source: Oil Review Middle East - Neutral
  • Published on Jun 2, 2025

    UAE economic outlook remains bullish despite global volatility

    Despite global economic volatility, the UAE maintains a strong economic outlook, analysts say. This is primarily driven by rising energy production, a robust tourism sector (Dubai welcomed 19 million visitors in 2024), population growth (currently 12 …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Jun 2, 2025

    OPEC+ Confirms Oil Output Adjustment, Kazakhstan Quota Set

    ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the United Arab Emirates (UAE) – participated in a virtual meeting on May 31 to review global oil market conditions and reaffirm their …

    Source: The Astana Times - Gov't Propaganda
  • Published on Jun 2, 2025

    Eight OPEC+ Members to Raise Oil Output Again in July

    The countries will add another 411,000 bpd to their output in July. File Image / Pixabay Eight OPEC+ countries have agreed to continue oil production increases with a 411,000 bpd adjustment for July. Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, …

    Source: Ship & Bunker - Neutral
  • Published on Jun 2, 2025

    OPEC+ Countries to 'Implement Production Adjustment' of 411K Bpd in July

    A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 411,000 barrels per day” next month. The statement noted that “the eight OPEC+ …

    Source: Rigzone - Neutral
  • Published on Jun 2, 2025

    Oil prices rise after OPEC+ agrees to further production increases.

    Mon 02 Jun 2025 | 07:35 AM Oil prices rose in early trading on Monday after OPEC+ agreed to a new production increase of 411,000 barrels per day in July. Brent crude futures rose more than $1 to $64 a barrel. US crude futures also rose more than $1 to $62. …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on Jun 1, 2025

    Will the UAE break OPEC?

    On May 31st the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) said that it would pump 411,000 more barrels per day (b/d) of crude in July. The statement marked the third such rise in as many months. OPEC+’s increased …

    Source: The Economist - Neutral
  • Published on Jun 1, 2025

    OPEC+ Ramps Up Oil Output by 411,000 BPD in July

    (MENAFN) On Saturday, the Organization of the Petroleum Exporting Countries (OPEC) and its allied producers, collectively called OPEC+, revealed plans to ramp up oil production by 411,000 barrels per day (bpd) starting in July. This decision was reached …

    Source: MENAFN - Indeterminate
  • Published on Jun 2, 2025

    Mideast Stocks: Gulf stocks settle varied on tariff uncertainty, rise in oil prices

    Stock markets in the Gulf ended varied on Monday, as investor sentiment remained fragile after U.S. President Donald Trump's threat to double tariffs on worldwide steel and aluminium. Trump accused China of violating a bilateral deal to roll back …

    Source: Zawya - Indeterminate
  • Published on May 31, 2025

    Jitters for Naira as OPEC+ increases production quota by 411,000 barrels per day  

    The Organization of the Petroleum Exporting Countries and its allies (OPEC+), the world’s largest group of oil producers, has announced a 411,000 barrels per day production increase for July 2025, reinforcing its strategy to manage supply dynamics and …

    Source: Nairametrics - Neutral
  • Published on Jun 1, 2025

    OPEC+ reaffirms commitment to global oil market stability

    Facebook Twitter LinkedIn WhatsApp OPEC+ announced on Saturday that eight key member countries—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and the Sultanate of Oman—have reaffirmed their collective commitment to …

    Source: Tunisie Numerique - Neutral

28 days 21:49:28

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