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A service for energy industry professionals · Sunday, June 1, 2025 · 818,064,787 Articles · 3+ Million Readers
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  • Published on 12:08 GMT

    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
  • Published on 07:39 GMT

    OPEC+ Oil Producers Announce another Big Hike for July

    The world’s largest group of oil producers, OPEC revealed Saturday another big increase of 411,000 barrels per day for July. Having spent years curbing production - more than 5 million barrels a day (bpd) or 5% of world demand - eight OPEC+ countries made …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on 09:32 GMT

    Dangote Refinery Sustains US Crude Purchase With 5m Barrels

    To sustain refining operations, the Dangote Refinery has placed import order of at least five million barrels of US West Texas Intermediate (WTI) crude oil in July, thus extending its buying spree after a potential record tally for June. The giant new 650, …

    Source: Leadership - Neutral
  • Published on 09:48 GMT

    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 05:42 GMT

    OPEC+ Announces Larger-Than-Expected Oil Output Increase

    (MENAFN- Nam News Network) VIENNA, June 1 (NNN-XINHUA) - The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, announced on Saturday that they will increase oil output by 411,000 barrels per day (bpd) in …

    Source: MENAFN - Indeterminate
  • Published on 02:35 GMT

    OPEC+ Hikes Output For Third Time By 411Kbpd, Despite Reservations From Russia

    Following days of frenzied speculation that OPEC+ may go so far as to start another global price war similar to the Saudi armada in March 2020 which eventually sent WTI crude prices to a negative $45, however briefly, today's decision was positively …

    Source: Zero Hedge - Right-wing
  • Published on 02:15 GMT

    OPEC+ oil producers plan big hike

    Listen to article LONDON/MOSCOW: The world's largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels per day for July as it looks to wrestle back market share and punish over-producers. …

    Source: The Express Tribune - Indeterminate
  • Published on 04:24 GMT

    OPEC+ Countries To Hike Oil Production In June, Implement Adjustment Of 411,000 Barrels A Day

    (MENAFN- Khaleej Times) Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June, at the risk of driving down already very low prices. Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and …

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

    OPEC+ countries agree production adjustment of 411,000 barrels per day in July 2025

    Vienna [Austria], May 31 (ANI/ WAM): The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on May …

    Source: The Tribune (Chandigarh) - Neutral
  • Published on May 31, 2025

    OPEC+ nations to begin phased oil production increase in July

    Saudi Gazette report RIYADH — Eight OPEC+ member countries, including Saudi Arabia, Russia, and the UAE, will raise oil production by 411,000 barrels per day (bpd) in July 2025 as part of a phased reversal of previous voluntary output cuts, the alliance …

    Source: Saudi Gazette - 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 May 31, 2025

    OPEC+ adds 411K BPD to July oil supply

    2025-05-31T20:18:21+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Saturday, OPEC+ announced that eight member states will increase oil production in July by a combined 411,000 barrels per day (bpd) compared to June levels, citing improved …

    Source: Shafaq News - Indeterminate
  • Published on May 31, 2025

    Algeria to increase oil output by 9,000 bpd from July

    ALGIERS, May 31 (Xinhua) -- Algeria will increase its crude oil production by an additional 9,000 barrels per day (bpd) starting in July, the Energy Ministry announced in a statement on Saturday. The increase aims to meet rising global demand for crude oil …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on May 31, 2025

    OPEC+ nations agree production adjustment of 411,000 bpd in July

    The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually today (May 31) to review global market conditions …

    Source: Trade Arabia - Neutral
  • Published on May 31, 2025

    Eight OPEC+ countries to boost oil production by another 411,000 bpd in June

    MOSCOW, June 1. /TASS/. Eight OPEC+ countries that voluntarily cut oil production are expected to boost their oil output by 411,000 bpd in June, as in May, which is equivalent to a three-month plan to increase production. Among the countries that …

    Source: TASS - Gov't Propaganda
  • Published on May 31, 2025

    Dangote Refinery to import 5 million barrels of U.S. WTI Crude in July 

    Dangote Oil Refinery has lined up imports of at least five million barrels of U.S. West Texas Intermediate (WTI) crude oil for delivery in July, building on what may become a record month of WTI intake in June. According to a report published on the …

    Source: Nairametrics - Neutral
  • Published on May 31, 2025

    OPEC+ oil producers stick to their guns with another big hike for July

    By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels per day for July as it looks to wrestle back …

    Source: Regional Media News - Iowa - Pending
  • Published on May 31, 2025

    Explainer-How are OPEC+ oil producers unwinding their output cuts?

    By Ahmad Ghaddar, Alex Lawler and Yousef Saba LONDON (Reuters) -The OPEC+ group of oil-producing countries has begun unwinding some of its output curbs with eight members looking to gradually add back some 2.2. million barrels per day (bpd) of supply. The …

    Source: Regional Media News - Iowa - Pending
  • Published on May 31, 2025

    How do OPEC+ oil companies unwind their production cuts?

    Eight members of the OPEC+ oil producing countries have begun to unwind some of their output restrictions. They are looking to slowly add back around 2.2.million barrels per day. In an online meeting held on Saturday, the eight participants agreed to …

    Source: World Energy News - Connecticut - Pending

30 days 17:17:31

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  • Published on June 1, 2025 - 11:08 GMT

    Venezuela Maintains Strong Oil Output Despite U.S. Licenses Revocations

    (MENAFN) Venezuelan Vice President Delcy Rodriguez declared on Thursday that the recent U.S. move to revoke licenses granted to foreign companies operating in Venezuela has not disrupted the country’s oil production. Despite the U.S. Department of the …

    Distribution channels: ...
  • Published on June 1, 2025 - 11:08 GMT

    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 …

    Distribution channels: ...
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