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A service for global professionals · Saturday, July 5, 2025 · 828,702,218 Articles · 3+ Million Readers
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Kuwait OPEC Newswire

  • Published on 13:35 GMT

    OPEC+ members agree to larger-than-expected oil production hike in August

    The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase …

    Source: CNBC - Neutral
  • Published on 17:46 GMT

    OPEC+ to boost crude oil production in August

    A gas flame is seen in the desert at Khurais oil field, about 100 miles from Riyadh, Saudi Arabia. File photo by Ali Haider/EPA July 5 (UPI) -- Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day …

    Source: United Press International (UPI) - Neutral
  • Published on 18:45 GMT

    OPEC+ to boost oil production by 548,000 barrels per day in August

    NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and Russia …

    Source: Associated Press - Neutral
  • Published on 19:42 GMT

    Opec+ decision to raise production a ‘calculated risk’

    MUSCAT, JULY 5 A leading Omani energy expert has described Opec+’s decision to raise oil production by 548,000 barrels per day (bpd) starting August as a “calculated risk” based on encouraging market signals. The move, announced on Saturday, July 5, …

    Source: Oman Observer - Gov't Propaganda
  • Published on 14:18 GMT

    OPEC+ increases oil production again

    “The eight participating countries in the meeting will implement a production adjustment of 548,000 barrels per day in August 2025,” compared to July, surpassing the initially forecasted 411,000 by analysts, announced the Organization of the Petroleum …

    Source: Portugal Pulse - Neutral
  • Published on 14:18 GMT

    Business InsightsBrics leaders meet under pressure from tariffs, oil shocks and climate rifts

    When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy instability …

    Source: The National News - Pro-Government
  • Published on 12:37 GMT

    Opec+ steps up oil output increases

    Group will lift production by 548,000 bpd in August, 33% more than expected PUBLISHED : 5 Jul 2025 at 18:53 LONDON - Opec+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first …

    Source: Bangkok Post - Center-right
  • Published on 15:54 GMT

    OPEC+ further accelerates oil output hike by 548,000 bpd in August

    Saudi Gazette report RIYADH — Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective oil production by 548,000 barrels per day in August. The decision to further accelerate oil output hike was taken during a …

    Source: Saudi Gazette - Indeterminate
  • Published on 16:04 GMT

    Opec+ group committed to market stability

    The eight Opec+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market …

    Source: Gulf Today - Pro-Government
  • Published on 07:00 GMT

    OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

    By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and …

    Source: Yahoo Finance - Center-left
  • Published on 08:52 GMT

    OPEC+ Poised For Fourth Consecutive Oil Hike

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai A coalition of eight OPEC+ nations is preparing to approve another increase in oil production for August, locking in a 411,000 barrels‐per‐day boost during their meeting on Saturday. The group-comprising …

    Source: MENAFN - Indeterminate
  • Published on Jul 4, 2025

    OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds

    OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for earlier overproduction. The Organization of the …

    Source: Zawya - Indeterminate
  • Published on Jul 4, 2025

    OPEC+ may further accelerate oil output hikes on Saturday, sources say

    LONDON :OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three sources familiar with OPEC+ talks told Reuters. Eight members of the …

    Source: Channel News Asia - Pro-Government
  • Published on 02:58 GMT

    Eight OPEC+ Alliance Members Move Toward Output Hike At Meeting

    Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group -- comprising the 12-nation Organization of the …

    Source: International Business Times - Center-left
  • Published on 00:07 GMT

    OPEC+ may approve larger oil output hike for August at key policy meeting

    OPEC+ could agree to a larger oil output increase for August than the 411,000 barrels per day (bpd) hikes approved for May, June, and July, according to three sources familiar with the group’s internal discussions. Eight key members—Saudi Arabia, Russia, …

    Source: Profit by Pakistan Today - Neutral
  • Published on Jul 4, 2025

    American BlackRock may sell stake in gas pipeline business

    AK&M 04 July 2025 17:41 The American multinational investment fund BlackRock Inc. is considering the possibility of selling back 49% in the business of operating the Saudi Arabian Oil Company (Saudi Aramco) gas pipeline network. This is reported by …

    Source: AK&M - Pending
  • Published on Jul 4, 2025

    OPEC+ set to make another accelerated oil output hike on Saturday, sources say

    LONDON :Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources from the producer group told Reuters, as they seek to regain market share. The group, which includes Saudi Arabia, Russia, …

    Source: Channel News Asia - Pro-Government
  • Published on Jul 4, 2025

    OPEC+ Is Hunting for Market Share

    Leaving Price Targets in the Past, OPEC+ Is Hunting for Market Share The upcoming OPEC+ meeting, initially planned for July 6 but subsequently moved a day earlier citing the Muslim holy day of Ashura, is set to see another expedited 411,000 b/d output …

    Source: Oil Price - Neutral
  • Published on Jul 4, 2025

    OPEC Set to Move Up Meeting to July 5 and Hike Output Again

    The OPEC+ producers unwinding their oil production cuts may bring forward their meeting to Saturday instead of on Sunday, with another accelerated output hike likely to be agreed, delegates and sources from the group tell various news outlets ahead of the …

    Source: Oil Price - Neutral

02 days 07:38:00

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  • Published on July 2, 2025 - 10:37 GMT

    Oil Prices Drop After Israel-Iran Ceasefire

    (MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

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