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OPEC, Saudi Arabia and Oil

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

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.

Arabian Post on MSN · 1d

Saudi Arabia Pushes for Larger OPEC+ Oil Output Increases

Dubai Saudi Arabia is advocating for accelerated increases in oil production within the OPEC+ coalition, aiming to reclaim market share lost during past output cuts. The kingdom is reportedly pressing the group to raise supplies by more than 400,

Seeking Alpha on MSN · 1d

Oil futures fall as Saudi Arabia said to seek more big OPEC output hikes

Crude oil futures turned lower in a volatile session Wednesday, as a Bloomberg report said Saudi Arabia is open to additional significant OPEC+ production hikes after July in a bid for market share. The Saudis want the group to add at least 411K bbl/day in August and potentially September,

OilPrice.com1d

StanChart: OPEC+ Is About To Become Much More Transparent

OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

U.S. Oil Companies Are ‘Battening Down the Hatches’

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

EconoTimes6d

OPEC+ Eyes Potential Output Hike Beyond 411,000 bpd in July Meeting

OPEC+ is set to meet online this Saturday at 0900 GMT to decide on July oil output levels, with discussions centered around a ...

Devdiscourse9d

OPEC+ Meeting Paves Way for Oil Output Decisions

An OPEC+ meeting held on Wednesday won't decide oil output policy, but aims to adopt baselines for 2027 production. A ...

6don MSN

Oil finishes lower as OPEC+ expected to again hike production at this weekend's meeting

Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...

Argaam7d

OPEC+ meeting: What to expect for oil prices?

OPEC+ maintained their production policy unchanged during the 39th ministerial meeting held the day before yesterday. OPEC+ ...

Oil Edges Down on Trade Jitters, Uncertainty Over OPEC+ Meeting

Oil edged down after a choppy session as traders parsed mixed messaging on the status of trade talks between the US and China ...

Al-Monitor on MSN8d

OPEC+ meets as oil output hike looms

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms ...

CNA10d

Oil prices edge lower ahead of OPEC+ meeting

Oil prices eased on Tuesday, on expectations OPEC+ will decide to increase output at a meeting later this week, while a ...

Interfax2d

Kazakhstan's Energy Minister reaffirms commitment to OPEC+ agreement at meeting with bloc's Secretary General

ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.

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