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A service for global professionals · Saturday, February 1, 2025 · 782,259,837 Articles · 3+ Million Readers
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OPEC Oil Reserves News Monitoring

  • Published on Jan 31, 2025

    Angola’s Oil Sector Making A Comeback After OPEC Exit

    In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude producer, became the fourth country to leave OPEC after Indonesia, …

    Source: Oil Price - Neutral
  • Published on Jan 29, 2025

    Iraq Discovers Mega Oil Field Near Baghdad

    Iraq has announced the discovery of a new oil field in the southern East Baghdad group of fields that may add 2 billion bbl of medium and light crude to the country’s oil reserves. State-owned Midland Oil Co. reported the find, made in collaboration with …

    Source: Journal of Petroleum Technology - Neutral
  • Published on Jan 29, 2025

    Kazakhstan to produce shale oil for first time in 2025

    Kazakhstan will produce shale oil for the first time later this year, officials said Tuesday, hoping to boost the Central Asian state’s flagging economy. The country has been hit by a decline in oil prices since 2022 and faces high inflation and a …

    Source: Macau Business - Pro-Government
  • Published on Jan 28, 2025

    PTT report sees oil prices decreasing

    PUBLISHED : 29 Jan 2025 at 05:49 Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by …

    Source: Bangkok Post - Center-right
  • Published on Jan 31, 2025

    LNG Bubble Is Going To Deflate Rapidly With Harsh US Impacts

    Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! LNG exports are a big US success story in recent years. The first large export terminal was commissioned in 2018, and only seven years later, the country is the …

    Source: CleanTechnica - Neutral
  • Published on Jan 31, 2025

    Lower Brent prices to support margins for Indian fuel refiners: Fitch

    New Delhi: Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to $70 a barrel in 2025 and $65 a barrel in 2026, said Fitch Ratings. EBITDA is …

    Source: Times of Oman - Pro-Government
  • Published on Jan 30, 2025

    Malaysia to host International Forum to Attract Foreign Investments in Turkmenistan's Economy

    On April 23-24, the International Forum to Attract Foreign Investments in Turkmenistan's Economy will take place in Kuala Lumpur.  The event is organized by the State Concerns "Turkmengas," "Turkmennebit," and the Chamber of …

    Source: Turkmenistan Golden Age - Gov't Propaganda
  • Published on Jan 29, 2025

    Montana’s nuclear future

    Montana has historically played an important part in U.S. energy transitions throughout its one hundred thirty-five-year history.  We have a unique opportunity to continue to play an important part in the current quest for energy independence… but only if …

    Source: Hungry Horse News - Montana - Label Pending
  • Published on Jan 29, 2025

    Top 5 world key commodities trends to watch for in 2025

    The global commodities market is entering 2025 with a mix of uncertainty and opportunity. In 2024, many investors were disappointed by weaker-than-expected demand, particularly from China. An oversupply of key materials like crude oil, steel, and wheat …

    Source: Business Day - Neutral
  • Published on Jan 28, 2025

    Crude prices to stay between USD 75-85 in 1H2025, USD 65-75 in 2H2025: Report

    New Delhi [India], January 28 (ANI): Crude prices to stay between USD 75-85 in 1H2025, and between USD 65-75 in 2H2025: Reporthe international crude price outlook for 2025 will be driven by the prospect of an escalation in the trade war that is expected to …

    Source: Big News Network - Label Pending
  • Published on Jan 27, 2025

    Iraq’s largest oilfield’s daily production declines by 300,000 barrels

    Baghdad (IraqiNews.com) – The largest oil field in Iraq has seen a daily production decline of almost 300,000 barrels, which helps Baghdad fulfill its commitments as part of the voluntary reductions made by OPEC+ countries. After a massive fire started in …

    Source: Iraqi News - Uncategorized
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