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A service for energy industry professionals · Monday, November 3, 2025 · 863,752,808 Articles · 3+ Million Readers
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OPEC Production Cut News Monitoring

  • Published on Nov 2, 2025

    OPEC+ to Boost Oil Production by 137,000 Barrels Per Day in December

    OPEC+ Countries Reach Agreement on Production Adjustment In a significant move within the energy sector, eight OPEC+ countries have confirmed an increase in oil production by 137,000 barrels per day (bpd), set to take effect in December 2025. This decision …

    Source: FAME Delivered - Pending
  • Published on 00:16 GMT

    OPEC+ to halt oil output hikes in Q1 2026 over demand slowdown

    The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) says it will pause its oil output increases during the first quarter (Q1) of 2026 after a modest hike in December. According to a statement, key OPEC+ members — Saudi Arabia, …

    Source: The Cable - Neutral
  • Published on Nov 2, 2025

    The Global Tug-Of-War That Sets Oil Prices

    Saudi Energy Minister Abdulaziz bin Salman Al Saud delivers a speech at the opening ceremony of the 9th OPEC International Seminar in Vienna, Austria, on July 9, 2025. The 9th OPEC International Seminar opened here on Wednesday, bringing together global …

    Source: Forbes - Neutral
  • Published on 00:47 GMT

    Wood Mackenzie: Global Crude Oil Demand Won’t Peak Until 2032

    Says limiting global warming to 2°C will require $4.3tn annual investment  Africa, India, others to remain key drivers  OPEC+ pauses output hikes beyond December amid glut fears Emmanuel Addeh in Abuja  Global oil demand will not peak until 2032, two years …

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

    Opec+ to pause production growth after modest December rise

    Opec+ on Sunday agreed to another output increase for December as the supergroup of oil producers led by Saudi Arabia and Russia continues to bring more barrels into the market. The eight Opec+ countries also agreed to pause the oil output increases for …

    Source: The National News - Pro-Government
  • Published on Nov 2, 2025

    OPEC+ pauses oil output hikes beyond December amid glut fears

    By Olesya Astakhova, Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/MOSCOW (Reuters) -OPEC+ on Sunday agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers' group moderates …

    Source: Yahoo Finance - Center-left
  • Published on Nov 2, 2025

    OPEC+ set to approve modest 137,000 bpd oil output increase

    OPEC+ is expected to approve a modest 137,000 bpd production hike for December amid fears of oversupply and ongoing Russian sanctions. Sources told Reuters on Sunday that OPEC+ is preparing to approve a limited increase in oil production targets for …

    Source: Al Mayadeen - Left-wing
  • Published on 01:31 GMT

    CBN reforms drive FX inflows amid global oil slump

    With global oil prices plunging to around $64 per barrel, well below Nigeria’s $75 budget benchmark, the country faces renewed fiscal and foreign-exchange pressures. Yet, through sweeping Central Bank of Nigeria reforms, foreign-exchange inflows are …

    Source: Punch - Indeterminate
  • Published on 00:05 GMT

    Oil States (OIS) Q3 2025 Earnings Call Transcript

    Note: This is an earnings call transcript. Content may contain errors. Image source: The Motley Fool. Date Friday, Oct. 31, 2025, at 10 a.m. ET Call participants President and Chief Executive Officer — Cynthia B. Taylor Executive Vice President and Chief …

    Source: myMotherLode - California - Pending
  • Published on Nov 2, 2025

    OPEC likely to open pipelines slightly in response to fears of supply glut

    OPEC+ was set to agree on last night on another modest increase in oil output targets, three sources familiar with the talks said, as the producers’ group executes plans to regain market share due to rising supply glut fears. OPEC+ has raised output …

    Source: Taipei Times - Neutral
  • Published on Nov 2, 2025

    The oil glut will last into 2026. Here's why it's unclear how big it will be.

    Investors and analysts have spent much of the year embracing the view that the oil market, which has been in oversupply mode, is heading straight for a glut through 2026 — and that glut could reach as high as 4 million barrels per day (b/d) and depress …

    Source: Yahoo Finance - Center-left
  • Published on Nov 2, 2025

    Global oil market faces supply glut

    Oil markets were overwhelmed with supply. Not only is OPEC+ continuing to increase oil production, but most major oil companies, including ExxonMobil and Chevron, are doing the same, despite knowing the market is already saturated. With U.S. oil prices at …

    Source: Arab Times - Center-left
  • Published on Nov 2, 2025

    Oil price nudges upwards

    The global oil price has not followed the surge upwards seen in other commodities, and even tighter sanctions on two Russian producers caused only a modest rise. Will that change in 2026? Prices of gold, rare earth metals and other commodities have risen …

    Source: Gulf Times - Indeterminate
  • Published on Nov 2, 2025

    A record oil glut floods the oceans

    Our planet’s oceans have never been busier. Tankers loaded with oil are crisscrossing the seas in record numbers, carrying an estimated 1.24 billion barrels of crude — an all-time high, according to energy analytics firm Vortexa. That figure underscores a …

    Source: AS - Neutral
  • Published on Nov 2, 2025

    OPEC+ reportedly set to agree another modest oil output increase

    (Reuters): OPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers’ group moderates plans to regain market share due to rising supply glut fears. OPEC+ has raised output …

    Source: The Frontier Post - Pending
  • Published on 00:11 GMT

    OPEC+ to compensate surplus oil production under new schedule

    MOSCOW, November 3. /TASS/. OPEC+ countries will monthly compensate from 185,000 to 822,000 barrels per day (bpd) according to updated compensation plans received by the OPEC Secretariat from Russia, Iraq, the UAE, Kazakhstan and Oman. According to …

    Source: TASS - Gov't Propaganda
  • Published on Nov 2, 2025

    OPEC+ set to agree another modest oil output increase, sources say

    By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers’ group moderates plans to regain …

    Source: WHBZ - Wisconsin - Pending
  • Published on Nov 2, 2025

    Hedge funds flee bearish oil bets after US sanctions Russia

    [NEW YORK] Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from the Opec+ producer just as the market was adjusting to the reality of …

    Source: The Business Times Singapore - Neutral
  • Published on Nov 2, 2025

    Indian Refiners Pivot Away From Russian Oil

    Oil prices were little changed in the current week, with bearish sentiment still ruling the markets after the U.S. agreed to a one-year truce to its trade war with China, despite reports that Indian refiners are ditching Russian oil following fresh U.S. …

    Source: Oil Price - Neutral
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