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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 maintains its global oil demand growth forecast for 2025 unchanged

15.07.2025 Oil

Oil to remain dominant in global energy mix by 2050: OPEC

- Global primary energy demand projected to rise 23% by 2050, reaching 378 million barrels of oil equivalent per day

10.07.2025 Oil

US energy agency revises up Brent price forecast for 2025

- International benchmark Brent crude estimated to average $68.89 per barrel

09.07.2025 Oil

Oil prices fall amid US tariff moves, OPEC+ output decision

- Eight key members of OPEC+ announced joint decision to boost production

08.07.2025 Oil

OPEC+'s 8 members to increase output by 548,000 bpd in August

- 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

05.07.2025 Oil

Oil prices fall on OPEC+ output hike bets, US tariff concerns

- Market sentiment shifts as supply expectations rise and US trade tensions fuel demand concerns

01.07.2025 Oil

OPEC daily crude output up 0.7% in May

- Global oil demand growth forecast for 2025 remains unchanged at 1.29 million barrels per day

16.06.2025 Oil

OPEC urges caution amid Mideast tensions

- Group affirms there are currently no developments in supply or market dynamics that warrant unnecessary measures

13.06.2025 Oil

OPEC+ members agree to 411,000 output rise in July

- Eight OPEC+ nations will boost oil production by 411,000 barrels per day (bpd) in July, compared to June levels, as part of plan to gradually unwind voluntary output cuts

31.05.2025 Oil

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Oil prices slip ahead of OPEC+ meeting amid oversupply concerns

- Oil prices edge lower as markets brace for potential supply boost from upcoming OPEC+ decision

27.05.2025 Oil

OPEC daily crude output down 0.23% in April

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

14.05.2025 Oil

Oil prices rise weekly amid US inventory drop, trade talks, OPEC+ move

- Crude prices rebound sharply as demand signals strengthen and global trade tensions ease

09.05.2025 Oil

Oil prices slide as OPEC+ moves to boost output

- Key producers Saudi Arabia and Russia are set to lead the increase, with analysts saying move points to rise in global oil supply over coming months

05.05.2025 Oil