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OPEC+ agrees modest output increase amid Strait of Hormuz crisis

OPEC+ agrees modest output increase amid Strait of Hormuz crisis

  • Eight members countries raise quotas by 206,000 barrels per day for May
By Reuters ·
OPEC+ approves gradual output increase from April amid market uncertainty 

OPEC+ approves gradual output increase from April amid market uncertainty 

By ARAB NEWS  ·
OPEC projects global oil demand to rise by 1.38m bpd in 2026

OPEC projects global oil demand to rise by 1.38m bpd in 2026

By Reuters ·
OPEC+ to raise oil output by 547,000 bpd in September

OPEC+ to raise oil output by 547,000 bpd in September

By Nirmal Narayanan ·
OPEC+ to raise output by 548,000 bpd in August as market outlook improves

OPEC+ to raise output by 548,000 bpd in August as market outlook improves

By Arab News ·
OPEC+ has proven to be oil markets’ central bank, says Saudi energy minister

OPEC+ has proven to be oil markets’ central bank, says Saudi energy minister

By Nadin Hassan ·
OPEC+ moves to set 2027 production baselines

OPEC+ moves to set 2027 production baselines

By Arab News ·
OPEC cuts non-OPEC+ oil supply forecast amid falling investment

OPEC cuts non-OPEC+ oil supply forecast amid falling investment

By Arab News ·
OPEC+ members to raise oil output by 411,000 bpd in June

OPEC+ members to raise oil output by 411,000 bpd in June

By Nadin Hassan ·
Oil Updates — crude steadies after 2% drop on potential OPEC+ output increase

Oil Updates — crude steadies after 2% drop on potential OPEC+ output increase

By Reuters ·
OPEC lowers 2025 global oil demand forecast, citing US tariffs

OPEC lowers 2025 global oil demand forecast, citing US tariffs

By Arab News ·
OPEC+ to meet over excess Kazakh oil output

OPEC+ to meet over excess Kazakh oil output

By Reuters ·
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC). (File/Reuters)

OPEC+ to proceed with planned April oil output hike

By Reuters ·

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