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A service for global professionals · Wednesday, July 9, 2025 · 829,863,177 Articles · 3+ Million Readers
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Kuwait OPEC Newswire

  • Published on 12:33 GMT

    OPEC Holds Landmark Energy Seminar in Vienna

    July 9, 2025 Hour: 7:27 am From July 9 to 10, the Organization of the Petroleum Exporting Countries (OPEC) holds its 9th OPEC International Seminar, bringing global energy leaders to Vienna to discuss key industry issues and build up cooperation. RELATED: …

    Source: teleSUR - Gov't Propaganda
  • Published on 16:26 GMT

    Market braces for sub-$60 oil as Opec+ lifts output

    Global oil prices are poised to fall below $60 per barrel by year-end as Opec+ accelerates its unwinding of production cuts, catching markets off guard with an aggressive push to reclaim market share. In a surprise move over the weekend, the group …

    Source: Khaleej Times - Gov't Propaganda
  • Published on 08:19 GMT

    OPEC+ Plans 550,000bpd Output Raise In September

    The Organization of Petroleum Exporting Countries (OPEC) would likely hike output by September as the producer group meets soon. The OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of …

    Source: Leadership - Neutral
  • Published on 12:46 GMT

    Minister: OPEC+ decisions show correct understanding of market situation

    The decisions made by OPEC+ demonstrate that the alliance understands the state and needs of the oil market better than others, said the Minister of Energy of the United Arab Emirates, Suhail Al Mazrouei, during the 9th OPEC International Seminar, APA- …

    Source: APA - Gov't Propaganda
  • Published on 13:27 GMT

    Iraq emerges as third-largest Arab oil refiner

    2025-07-09T12:51:20+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq, OPEC’s second-largest oil producer, ranked third among Arab nations in refinery output for 2024, according to data from the Energy Research Unit (ERU). The country …

    Source: Shafaq News - Indeterminate
  • Published on 07:27 GMT

    Markets are thirsty for more oil, OPEC+ and oil majors say

    Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for more oil, ministers and executives from OPEC nations and bosses of Western oil majors said on Wednesday. OPEC+, which pumps about …

    Source: Zawya - Indeterminate
  • Published on Jul 8, 2025

    Saudi Arabia’s Crude Oil Exports Jumped by 400,000 Bpd in April

    Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. Saudi Arabia, the world’s top crude exporter, saw its exports in April at an …

    Source: Oil Price - Neutral
  • Published on Jul 8, 2025

    Iraq and OPEC+ Plan Output Hike in August

    Iraq has reaffirmed its commitment to ensuring oil market stability, aligning with fellow OPEC+ nations during a virtual meeting held on the 5th of July 2025. The session, which included Saudi Arabia, Russia, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, …

    Source: Iraq International News Agency - Neutral
  • Published on Jul 8, 2025

    Global Energy Security: Western Dependence on Gulf Oil and the Role of Regional Mediation in Middle Eastern Conflicts

    Introduction The 1973 Oil Embargo first revealed the deep interconnection between Middle Eastern stability and global energy security. In response to US military support to Israel during the Yom Kippur war against Egypt and Syria, the Organization of Arab …

    Source: Georgetown Journal of International Affairs - Washington D.C. - Pending
  • Published on Jul 8, 2025

    Saudi plays short and long game with OPEC+ production gamble: Bousso

    (The opinions expressed here are those of the author, a columnist for Reuters.) LONDON - Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its dominance …

    Source: Zawya - Indeterminate
  • Published on Jul 8, 2025

    OPEC+ set to complete big oil output cut unwinding in Sept

    LONDON: OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates’ move to a larger quota, five sources said. The group, …

    Source: Business Recorder - Neutral
  • Published on Jul 6, 2025

    OPEC+ oil output: Group to raise supply by 548,000 bpd in August; cites strong demand, low inventories

    The OPEC+ alliance of oil-producing nations, including Saudi Arabia and Russia, decided on Saturday to increase crude output by 548,000 barrels per day in August, accelerating the unwinding of voluntary production cuts amid signs of a stabilising global …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Jul 8, 2025

    OPEC+ Reaffirms Oil Market Strategy, Adjusting August Production

    By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a virtual meeting held on 5 July, the group cited healthy market …

    Source: Iraq Business News - Neutral
  • Published on Jul 7, 2025

    Opec+ decides to accelerate oil output hike in August

    Eight key Opec+ members – Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman – will increase production by 548,000 b/d next month Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA …

    Source: MEED - Neutral
  • Published on Jul 7, 2025

    Global crude/condensate supplies show surprising upside despite muted OPEC-8 exports

    Global crude/condensate exports (excluding Iran, Venezuela, and Sidi Kerir) have been increasing steadily since last September, driven by growing OPEC+ exports, while non-OPEC+ exports have remained relatively stable since mid-2023. The Sidi Kerir port …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 7, 2025

    OPEC+ to Boost Oil Production by 548,000 Barrels a Day

    [Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — 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 …

    Source: Transport Topics - Neutral
  • Published on Jul 7, 2025

    Goldman Sachs Expects Another OPEC+ Superhike in September

    The OPEC+ producers are expected in August to agree on another superhike in production for September that would complete the unwinding of the 2.2 million barrels per day (bpd) output cuts, Goldman Sachs said after the alliance surprised the market with a …

    Source: Oil Price - Neutral
  • Published on Jul 7, 2025

    OPEC+ to Complete Unwinding of Oil Output Cuts With Big September Hike

    The eight OPEC+ producers withholding supply to the market are set to complete the unwinding of their 2.2 million barrels per day (bpd) production cuts from 2023 with another supersized output hike of 550,000 bpd for September, five sources with knowledge …

    Source: Oil Price - Neutral
  • Published on Jul 7, 2025

    Oil prices under pressure following OPEC+ cuts rewind

    Oil prices remain under pressure in the face of potential oversupply and uncertain demand, as OPEC+ rolls back output cuts The eight OPEC + countries which previously announced additional voluntary adjustments (ie Saudi Arabia, Russia, Iraq, UAE, Kuwait, …

    Source: Oil Review Middle East - Neutral

05 days 08:49:30

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  • Published on July 7, 2025 - 10:51 GMT

    OPEC+ Fast-Tracks August Oil Production

    (MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

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  • Published on July 8, 2025 - 12:35 GMT

    Dangote Petroleum Refinery in Nigeria boasts capacity of over 600,000 barrels per day

    (MENAFN) The Dangote Petroleum Refinery in Nigeria, boasting a refining capacity of over 600,000 barrels per day (around 0.5% of global refining capacity), has gained international recognition, partly due to widespread media coverage. Initially hailed as …

    Distribution channels: ...
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