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Seven OPEC+ members to raise oil output by 188,000 bpd in September

Seven OPEC+ members to raise oil output by 188,000 bpd in September

- Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman to jointly raise output by 188,000 barrels per day under phased unwinding of April 2023 voluntary production cuts

15:06 Oil

OPEC crude production jumps 3.05M bpd in June

OPEC crude production jumps 3.05M bpd in June

- UAE, Kuwait and Iraq lead output gains

13.07.2026 Oil

Middle East tensions drive weekly oil rally despite OPEC+ output increase

Middle East tensions drive weekly oil rally despite OPEC+ output increase

- Investors continue to monitor Middle East developments as concerns over crude shipments through the Strait of Hormuz persist

10.07.2026 Oil

Oil prices mixed as OPEC+ approves August output increase

Oil prices mixed as OPEC+ approves August output increase

- OPEC+ agrees to increase August production target by 188,000 bpd

06.07.2026 Oil

Oil gains as traders weigh US-Iran negotiations against OPEC+ output plans

Oil gains as traders weigh US-Iran negotiations against OPEC+ output plans

- Signs of diplomatic progress between Washington and Tehran ease fears of major supply disruptions, although traders remain cautious ahead of the OPEC+ policy meeting

03.07.2026 Oil

OPEC sees global energy demand rising 23% by 2050

OPEC sees global energy demand rising 23% by 2050

- Nearly three-quarters of future growth in electricity demand is expected to come from developing economies

18.06.2026 Oil Finance

OPEC+ output hikes fail to overcome Hormuz supply crisis

OPEC+ output hikes fail to overcome Hormuz supply crisis

- Production increases have little physical impact as supply remains constrained by Strait of Hormuz disruption and broader production limits, experts say

11.06.2026 Oil

Seven OPEC+ nations to increase oil output by 188,000 bpd in July

Seven OPEC+ nations to increase oil output by 188,000 bpd in July

- Seven country group is scheduled to meet again on July 5

07.06.2026 Oil

UAE minister says decision to leave OPEC and OPEC+ not politically motivated

UAE minister says decision to leave OPEC and OPEC+ not politically motivated

- UAE Energy Minister Suhail al-Mazrouei said the country’s decision to leave OPEC and OPEC+ was based on national interests

17.05.2026 Oil

OPEC crude production drops 1.7 million bpd in April

OPEC crude production drops 1.7 million bpd in April

- Saudi Arabia, Kuwait, Iraq and Iran see steepest production declines

13.05.2026 Oil

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Seven OPEC+ nations to increase oil output by 188,000 bpd in June

Seven OPEC+ nations to increase oil output by 188,000 bpd in June

- Seven country group is scheduled to meet again on June 7

03.05.2026 Oil

OPEC's share of global crude output ticks higher in 2025

OPEC's share of global crude output ticks higher in 2025

- Total world crude oil production rises by 2.24 million barrels per day in 2025 to average 74.85 million bpd

29.04.2026 Oil

UAE exit raises concerns over OPEC's market influence and internal balance

UAE exit raises concerns over OPEC's market influence and internal balance

- Decision ends 59-year membership, pointing to potential weakening of OPEC's influence in global oil markets

29.04.2026 Oil

UAE to withdraw from OPEC, OPEC+

UAE to withdraw from OPEC, OPEC+

- Withdrawn decision in line with UAE's long-term strategic, economic vision and development of its energy sector

28.04.2026 Oil

OPEC crude production drops 7.9 million bpd in March amid Middle East disruptions

OPEC crude production drops 7.9 million bpd in March amid Middle East disruptions

- Steepest production declines were recorded in Iraq, Saudi Arabia, UAE and Kuwait

13.04.2026 Oil

OPEC crude production up 164,000 barrels per day in February

OPEC crude production up 164,000 barrels per day in February

- Organization maintains its global oil demand growth forecast for 2026, marking increase of 1.38 million bpd

11.03.2026 Oil

OPEC+ eight members to raise output by 206,000 bpd in April

OPEC+ eight members to raise output by 206,000 bpd in April

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman agree to resume oil production increases after first quarter pause

01.03.2026 Oil

OPEC crude oil production down 135,000 barrels per day in January

OPEC crude oil production down 135,000 barrels per day in January

- Organization maintains its global oil demand growth forecast for 2026, marking increase of 1.38 million bpd

11.02.2026 Oil

Oversupply risks may drag Brent to $55 in early 2026, analyst says

Oversupply risks may drag Brent to $55 in early 2026, analyst says

- Analysts warn that growing supply and softer demand could extend Brent’s 2025 losses into early 2026

30.12.2025 Oil

OPEC crude oil production down 1,000 barrels per day in November

OPEC crude oil production down 1,000 barrels per day in November

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

11.12.2025 Oil

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OPEC crude oil production up 33,000 barrels per day in October

OPEC crude oil production up 33,000 barrels per day in October

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

12.11.2025 Oil

Oil prices ease over possible supply surplus, weaker US manufacturing sector

Oil prices ease over possible supply surplus, weaker US manufacturing sector

- Investors interpret OPEC+'s move as a signal of potential supply surplus next year, putting downward pressure on prices

04.11.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in December

OPEC+ eight members to raise output by 137,000 bpd in December

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman agree to pause production increases during first quarter of next year due to seasonality

03.11.2025 Oil

OPEC crude oil production up by 524,000 barrels per day in September

OPEC crude oil production up by 524,000 barrels per day in September

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

13.10.2025 Oil

OPEC+ eight members to raise output by 137,000 bpd in November

OPEC+ eight members to raise output by 137,000 bpd in November

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to slightly increase supply as part of phased return of earlier voluntary cuts, OPEC statement says

05.10.2025 Oil

Oil edges up as US demand supports prices, OPEC+ allays supply fears

Oil edges up as US demand supports prices, OPEC+ allays supply fears

- US crude stocks fall 3.67 million barrels, signaling firm demand in world’s largest consumer

01.10.2025 Oil

OPEC crude oil production up by 478,000 barrels per day in August

OPEC crude oil production up by 478,000 barrels per day in August

- Organization maintains its global oil demand growth forecast for both 2025 and 2026 unchanged

11.09.2025 Oil

OPEC crude oil production up by 263,000 barrels per day in July 2025

OPEC crude oil production up by 263,000 barrels per day in July 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

12.08.2025 Oil

OPEC+'s 8 members to increase output by 547,000 bpd in September

OPEC+'s 8 members to increase output by 547,000 bpd in September

- Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman to raise production as part of gradual rollback of earlier voluntary cuts, OPEC statement says

03.08.2025 Oil

OPEC crude oil production up by 220,000 barrels per day in June 2025

OPEC crude oil production up by 220,000 barrels per day in June 2025

- OPEC maintains its global oil demand growth forecast for 2025 unchanged

15.07.2025 Oil

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