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Kazakhstan OPEC Newswire

  • Published on Jun 21, 2025

    World : OPEC+ Oil Production Hike Justified By Iran-Israel Conflict - Rosneft CEO

    ST. PETERSBURG, June 21 (Bernama-Sputnik/RIA Novosti) -- The decision of the OPEC+ group of major oil exporters to boost production is far-sighted and reasonable given the ongoing Iran-Israel conflict, Russian oil giant Rosneft CEO Igor Sechin said on …

    Source: Bernama - Pro-Government
  • Published on Jun 21, 2025

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    Kazakhstan’s daily oil and gas condensate output is set to rise by 6% in June versus May, the Energy Ministry told Reuters and data from the national statistics bureau showed. Its output has frequently exceeded its quota set by the OPEC+ group of producers …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 20, 2025

    How are OPEC+ oil producers unwinding their output cuts?

    The OPEC+ group of oil-producing countries has begun unwinding some of its output curbs with eight members looking to gradually add back some 2.2. million barrels per day (bpd) of supply. The eight agreed to increase production in July by 411,000 bpd in an …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 21, 2025

    Oil after the boil

    ‘Oil prices surge as Israel and Iran continue to exchange missiles….’, ‘Oil prices jumped more than 10 per cent as the strikes continue …’ and ‘Inflationary concerns are back due to oil price shock…’ are the headlines that Jay could see as he scrolled …

    Source: The Hindu Business Line - Neutral
  • Published on Jun 20, 2025

    Expect Oil Price Volatility as Trump Weighs Iran Intervention

    Geopolitical risk raced back into oil markets last week with Israel's strikes on Iran, and Donald Trump's uncertainty about how he will react is only going to create more volatility in oil prices. Friday, June 20th, 2025  The unpredictable nature …

    Source: Oil Price - Neutral
  • Published on Jun 21, 2025

    Rosneft CEO says OPEC+ decision to boost production justified amid Middle East conflict

    ST. PETERSBURG, June 21. /TASS/. The decision by OPEC+ member states to increase oil production appears both justified and farsighted in light of the ongoing conflict in the Middle East, Rosneft CEO Igor Sechin said at the St. Petersburg …

    Source: TASS - Gov't Propaganda
  • Published on Jun 20, 2025

    Russia Urges OPEC+ To Proceed With Oil Output Hikes Amid Rising Summer Demand

    Thursday, June 19, 2025 9:00 PM EDT Image Source: Unsplash On Thursday, Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an anticipated rise in summer demand. “To ensure and balance …

    Source: myMotherLode - California - Pending
  • Published on Jun 20, 2025

    Saudi energy minister on potential loss of Iranian oil: we only react to realities

    Saudi Energy Minister Prince Abdulaziz bin Salman, asked if the kingdom and Russia would step in to replace any potential loss of Iranian oil, said on Thursday that the country will "only react to realities". The prince, speaking at an economic …

    Source: Zawya - Indeterminate
  • Published on Jun 20, 2025

    OPEC+ Emerges As Pillar Of Oil Market Stability

    (MENAFN- The Arabian Post) Saudi Energy Minister Prince Abdulaziz bin Salman told delegates at the St Petersburg Economic Forum on 19 June that OPEC+ has evolved into a“key guarantor” of global oil prices and market stability. The alliance's capacity …

    Source: MENAFN - Indeterminate
  • Published on Jun 19, 2025

    Black Sea CPC Blend daily oil exports seen stable in July, sources say

    Black Sea CPC Blend crude oil exports have been set at around 1.65 million barrels per day in July, almost unchanged from the June plan, two trading sources with knowledge of the month’s loading program told Reuters. Kazakhstan’s oil output declined in …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 19, 2025

    Saudi energy minister: OPEC+ become key guarantor of oil prices

    Saudi Gazette report ST. PETERSBURG — Saudi Minister of Energy Prince Abdulaziz bin Salman said on Thursday that OPEC+ has become a key guarantor of oil prices and the oil sector as a whole. Speaking at the St. Petersburg Economic Forum on Thursday, he …

    Source: Saudi Gazette - Indeterminate
  • Published on Jun 10, 2025

    Saudi Oil Flow to China Inches Down Amid OPEC+ Expansion

    Saudi Arabia will export about 47 million barrels of crude to China in July, marking a modest decline of one million barrels compared with June allocations. Despite the slight reduction, this remains the third consecutive month of elevated shipments to the …

    Source: Arabian Post - Pending
  • Published on May 31, 2025

    OPEC+ Eyes Larger Oil Output Boost Amid Market Tensions

    OPEC+ is poised to consider a more substantial oil production increase for July than the previously agreed 411,000 barrels per day , according to sources familiar with the group’s deliberations. The move reflects escalating internal tensions and strategic …

    Source: Arabian Post - Pending
  • Published on May 12, 2025

    Opec+ Takes Aggressive Steps to Regain Market Share

    Opec+ has made significant moves in recent months, shifting from a neutral to a more aggressive stance. After a period of gradual production increases, the group, led by Saudi Arabia, has opted for a sharp rise in output, signalling a strategic push to …

    Source: Arabian Post - Pending
  • Published on May 2, 2025

    Saudi Arabia’s Strategy to Tackle OPEC+ Compliance Issues

    Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy in recent months, opting to lower oil prices in an effort to restore discipline within the group. The move marks a stark contrast to the traditional approach of pushing …

    Source: Arabian Post - Pending
  • Published on Apr 21, 2025

    Oil Prices Climb on Trade Optimism and Iran Sanctions

    Oil prices surged over 3% on Thursday, marking the first weekly gain in three weeks. Brent crude futures settled at $67.96 per barrel, while West Texas Intermediate closed at $64.68 per barrel. The uptick was driven by renewed optimism over a potential …

    Source: Arabian Post - Pending
  • Published on 12:34 GMT

    Saudi Arabia’s crude exports rise to 6.166mn bpd in April

    Saudi Arabia’s crude oil exports in April rose to 6.166 million barrels per day (bpd) from 5.754 million bpd in March, official data showed on Monday. The world’s largest oil exporter’s crude output for April was at 9.005 million bpd, up from 8.957 million …

    Source: Business Recorder - Neutral
  • Published on 06:33 GMT

    Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disrupted

    Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disruptedAlthough the oil price’s early spike last night didn’t last, economists predict energy prices would soar if there was significant disruption to supplies from …

    Source: The Guardian - Center-left
  • Published on Jun 21, 2025

    Russian economy: cooling or recession?

    One of the most closely watched sessions at the annual St Petersburg International Economic Forum (SPIEF), which is underway now, is the economic panel with the heavy hitters from the Kremlin’s economic team. This year the discussion was: is Russia’s …

    Source: BNE Intellinews - Neutral

08 days 14:09:45

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