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A service for global professionals · Wednesday, April 2, 2025 · 799,266,161 Articles · 3+ Million Readers
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OPEC Newswire

  • Published on Apr 1, 2025

    Shift in oil market dynamics as Opec+ hikes output

    As the voluntary oil production limits imposed by Opec+ officially expired on Tuesday, member countries are expected to significantly ramp up output.  il market experts predict that this decision will likely lead to further declines in oil prices, which …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Apr 1, 2025

    Uncertainty Dominates Oil Markets Ahead of Trump's Tariff Deadline

    Oil markets are on edge as Trump prepares to roll out his tariff plan, with commodities around the world set for significant disruptions in the coming weeks. - European gas and utility companies have moved into the spring replenishment season of 2025, …

    Source: Oil Price - Neutral
  • Published on 00:34 GMT

    Kazakhstan’s oil and condensate production hits record in March, sources say

    Kazakhstan’s oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and stable exports via the Caspian pipeline, further exceeding OPEC+ production quotas, two industry sources said and Reuters …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 1, 2025

    Kazakhstan Keeps Exceeding OPEC+ Quota With Record-High Oil Production

    Kazakhstan’s combined crude oil and condensate production reached an all-time high in March, which further exceeded the country’s crude output ceiling under the OPEC+ deal. Kazakhstan, a non-OPEC producer part of the OPEC+ pact, pumped a record high 2.17 …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Explosion: Nigeria Reduces Oil Supplies By 50,000bpd In March – Report

    Share Nigeria recorded the largest crude oil supply reduction among members of the Organization of Petroleum Exporting Countries (OPEC) in March, cutting output by 50,000 barrels per day (bpd). According to a Bloomberg survey released on Tuesday, the …

    Source: New Telegraph - Label Pending
  • Published on 00:17 GMT

    FG threatens to revoke dormant oil blocks licences

    The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, threatened to withdraw oil blocks from owners that have failed to develop them. This is against the backdrop of the Federal Government calling on international oil companies …

    Source: Punch - Uncategorized
  • Published on Apr 1, 2025

    OPEC+ To Increase Oil Production in May: Report

    OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPEC+ group, comprised of the 12 OPEC members—Saudi Arabia, Iraq, Iran, Kuwait, Venezuela, Gabon, Algeria, Equatorial …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Spring spike: Seasonal factors send Oregon gas prices rising; Bend’s average up a dime this week

    PORTLAND, Ore. (KTVZ) – Gas prices are rising in most states as April begins due to seasonal factors. And the West Coast is also impacted by ongoing refinery issues in California, making prices climb more rapidly in this region, AAA Oregon/Idaho …

    Source: KTVZ - Oregon - Neutral
  • Published on Apr 1, 2025

    Gas Prices Spike

    Gas prices are rising in most states as April begins due to seasonal factors. And the West Coast is also impacted by ongoing refinery issues in California, making prices climb more rapidly in this region. Pump prices typically increase this time of year …

    Source: K103 Portland - Oregon - Label Pending
  • Published on Apr 1, 2025

    OPEC+ members to meet Thursday, likely to stick to planned output hikes: sources

    DUBAI/LONDON/MOSCOW: OPEC+ ministers from eight nations that are gradually raising oil output will meet online on Thursday and are likely to approve a further hike in production from May, sources from the producer group told Reuters. Eight members …

    Source: Business Recorder - Neutral
  • Published on Apr 1, 2025

    Nigeria cuts oil production by 50,000 bpd in March as OPEC tightens quotas – Report 

    Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing output by 50,000 barrels per day. According to a Bloomberg report, Nigeria made the cut to maintain an average of 1.5 …

    Source: Nairametrics - Neutral
  • Published on Apr 1, 2025

    Kazakhstan breaks oil production record in March, exceeds OPEC+ limit

    Kazakhstan's oil and gas condensate production reached a record high in March, driven by increased output at the Tengiz oilfield and steady exports through the Caspian Pipeline Consortium (CPC), according to industry sources. According to Kazakhstan’s …

    Source: News.Az - Pro-Government
  • Published on Apr 1, 2025

    OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans

    The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned production increase for May, a new Bloomberg survey showed on Tuesday. OPEC reduced its crude oil production for March to an average of …

    Source: Oil Price - Neutral
  • Published on Apr 1, 2025

    Oil Prices Flat As OPEC+ Starts Easing Production Cuts

    Oil prices inched down slightly on Tuesday morning as OPEC+ begins adding supply from April 1, amid U.S. threats of secondary tariffs on buyers of Russian and Iranian oil and persistent concerns about U.S. tariffs weakening economic growth. As of 8:40 a.m. …

    Source: Oil Price - Neutral
  • Published on 00:34 GMT

    Oil markets take risky bet on Trump’s threats on Russia, Iran

    Oil diplomacy could become a hallmark of Donald Trump’s second term in office, if the last few weeks are any guide, but energy markets have mostly shrugged off his recent whirlwind of threats against Iran and Russia. That could be a big mistake. Trump has …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 1, 2025

    Tariff Tensions Cloud Oil Market Outlook

    Oil edged down as uncertainty about US President Donald Trump’s tariff plans muddies the economic outlook. West Texas Intermediate futures fell 0.4% to settle above $71 a barrel, after gaining 3.1% on Monday. The S&P 500 also edged lower as Trump …

    Source: Rigzone - Neutral
  • Published on Apr 1, 2025

    Oil Futures Edge Up Amid Tariffs, Russian Oil Sanctions Outlook

    Maria Eugenia Garcia DTN Energy Editor HOUSTON (DTN) -- Crude oil futures edged up Tuesday morning ahead of the implementation of sweeping trade tariffs by the United States on all countries Wednesday, April 2, and supported by expectations of secondary …

    Source: Progressive Farmer - Neutral
  • Published on Apr 1, 2025

    Crude Oil Futures Fall on Trade War Expectations

    So far, the U.S. government has imposed 20% tariffs on imports from China, 25% on steel and aluminum from Canada and Mexico, 25% on imported goods from the European Union, and 25% on foreign car imports. The uncertainty about the effects of these tariffs …

    Source: Progressive Farmer - Neutral
  • Published on Apr 1, 2025

    Oil extends climb on supply fears

    Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran, though worries about the impact of a trade war on global growth capped gains. Brent futures rose 21 cents, or 0. …

    Source: Business Day - Neutral

06 days 02:46:20

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