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OPEC, Oil

OPEC Set to Move Up Meeting to July 5 and Hike Output Again

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain below targets due to uneven compliance.

Reuters · 3h

OPEC+ may further accelerate oil output hikes on Saturday, sources say

OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three sources familiar with OPEC+ talks told Reuters.

The Wall Street Journal on MSN · 1d

Oil Falls on OPEC+ Output Boost Expectations, U.S. Tariff Uncertainty

Oil prices fell as major OPEC+ producers were expected to soon announce another large output hike and amid uncertainty that tariffs could be reinstated on some U.S. trading partners if deals weren’t concluded.

OilPrice.com6h

OPEC Nudges Output Higher - But Markets Are Awaiting the Real Barrels

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for ...

Bloomberg on MSN16h

Vakhshouri: OPEC a Stabilizing Factor in Oil Market

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

ZAWYA12h

Milestone 60th edition of OPEC's annual statistical bulletin launched

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...

Ship & Bunker22h

Oil Dips On OPEC Concerns, As China Data Is Also Reassessed

Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...

Nairametrics2d

OPEC warns of 23 million bpd oil shortfall globally by 2030 without $17.4 trillion investment

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

3don MSN

Oil edges down on expectations of more OPEC+ supply, tariff fears

Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic ...

Business Day2d

$17.4trn global upstream investment required in five yrs to avoid market deficit – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

Channels Television2d

OPEC Warns Of 23mb/d Oil Supply Shortfall Without $17.4tn Investments By 2050

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...