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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

- 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

- 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

- 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

- 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

- 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 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

- 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

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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