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Kuwait OPEC Newswire

  • Published on Jun 7, 2026

    Will OPEC's Sunday meeting bring good news for fuel prices?

    OPEC+ ministers were due to meet on Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments. But even if the cartel members vow to ramp up output by thousands of …

    Source: IOL - Pro-Government
  • Published on Jun 7, 2026

    OPEC+ raises July oil production quotas

    Move seen as largely symbolic Analysts said the decision is unlikely to significantly affect oil prices, which remain elevated amid tensions in the Middle East. They noted that supply disruptions and uncertainty surrounding shipping routes, particularly …

    Source: Sharjah24 - Pro-Government
  • Published on Jun 7, 2026

    OPEC+ Set For Fourth Oil Quota Hike Since Hormuz Closure

    By Ahmad Ghaddar and Olesya Astakhova LONDON, June 7 (Reuters) – OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three OPEC+ sources said, even though the U.S. war with Iran is still preventing several of the …

    Source: gCaptain - Neutral
  • Published on Jun 7, 2026

    OPEC+ Heading Toward Fourth Production Quota Increase Since Strait of Hormuz Closure

    Three OPEC+ sources said on Sunday that the bloc is heading toward approving a fourth consecutive monthly increase in oil production targets, even as the U.S. war with Iran continues to hinder the ability of several alliance members to pump more crude …

    Source: Jordan News - Indeterminate
  • Published on Jun 7, 2026

    OPEC+ Agrees Fourth Oil Quota Hike Since Hormuz Closure

    London: OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, OPEC said in a statement, even though the U.S. war with Iran is still preventing several of the group's members from pumping more. The war has cut oil flows …

    Source: Deccan Chronicle - Indeterminate
  • Published on Jun 7, 2026

    OPEC+ agrees 4th straight oil output hike since Hormuz closure

    OPEC+ agreed on Sunday a fourth straight hike in its oil output targets in as ​many months, the organization said in a statement, ​even though ⁠the ongoing conflict in the Middle East is still stopping several of the group's members from pumping more …

    Source: Daily Sabah - Gov't Propaganda
  • Published on Jun 7, 2026

    Opec+ countries agree July 2026 output increase of 188,000 bpd

    The seven Opec+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on June 7, 2026, to review global market conditions …

    Source: Trade Arabia - Neutral
  • Published on Jun 7, 2026

    OPEC+ increases production quotas for July

    Vienna, OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent higher by the Mideast war. Jorge Leon, analyst at Rystad Energy, said …

    Source: The Economic Times - Center-right
  • Published on Jun 7, 2026

    OPEC+ will add another 188,000 barrels per day to its production starting in July

    The Organization of the Petroleum Exporting Countries, in its expanded version OPEC+, has communicated that it will add another 188,000 barrels per day of oil to its production starting in July, under an agreement reached in its second meeting after the …

    Source: Democrata - Neutral
  • Published on Jun 7, 2026

    Will OPEC+ approve increase in oil output today?

    US-Iran conflict disrupts oil flows The ongoing US-Iran conflict has disrupted oil flows through the crucial Strait of Hormuz, creating a major supply crisis. Major OPEC+ producers like Saudi Arabia have struggled to meet customer demands since late …

    Source: NewsBytes - Indeterminate
  • Published on Jun 7, 2026

    Iraq faces oil revenue pressure as OPEC+ eyes output increase

    Baghdad (IraqiNews.com) – Even as Iraq and several Gulf producers continue to face export interruptions due to the continuing Strait of Hormuz conflict, OPEC+ is poised to agree to a fourth consecutive rise in oil output objectives on Sunday. Seven major …

    Source: Iraqi News - Indeterminate
  • Published on Jun 7, 2026

    OPEC+ set to approve 4th oil output target increase Sunday

    OPEC+ April output 33.19 million bpd Even with recent quota hikes, up by almost 600,000 barrels per day from April to June, OPEC+ has actually seen production drop sharply, averaging just 33.19 million barrels a day in April (way down from February's …

    Source: NewsBytes - Indeterminate
  • Published on Jun 7, 2026

    As OPEC meets, Iran war hobbles power to shape oil market

    LONDON (AFP) – OPEC+ ministers meet on Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments. But even if the cartel members vow to ramp up output by thousands of …

    Source: Dunya News - Indeterminate
  • Published on Jun 7, 2026

    As OPEC+ meets, Iran war hobbles power to shape oil market

    OPEC+ ministers meet Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments. But even if the cartel members vow to ramp up output by thousands of barrels per day, …

    Source: The Economic Times - Center-right
  • Published on Jun 7, 2026

    OPEC to increase oil output amid continued closure of Strait of Hormuz

    June 7 (UPI) -- The Organization of the Petroleum Exporting Countries on Sunday agreed to increase production by nearly 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it near-impossible to ship any of it. Ordinarily, OPEC …

    Source: United Press International (UPI) - Neutral
  • Published on Jun 7, 2026

    Trump Administration Weighs Iranian Assets to Repair Gulf Allies After Strikes on Kuwait and Bahrain

    The Trump administration is reviewing whether Iranian assets can be used to cover damage to Gulf allies after Iran launched attacks tied to the three-month-old war. By yourNEWS Media Newsroom The Trump administration is examining whether Iranian assets can …

    Source: [your]NEWS - Right-wing
  • Published on Jun 8, 2026

    Press review: Putin cites global economic shift as OPEC+ keeps steady pace of oil output

    MOSCOW, June 8. /TASS/. Russia’s President Vladimir Putin said the ongoing transformation of the global economy and the rise of BRICS create new opportunities for Russia to strengthen its global economic position and technological sovereignty, OPEC …

    Source: TASS - Gov't Propaganda
  • Published on Jun 8, 2026

    Kazakhstan To Increase Oil Output Under New OPEC+ Production Plan

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, June 8. Seven OPEC+ countries, including Kazakhstan, have agreed to a collective oil production increase of 188,000 barrels per day (kbd) for July 2026, aiming to maintain global oil market stability, Trend …

    Source: MENAFN - Indeterminate
  • Published on Jun 6, 2026

    OPEC Output Plunges Further as U.S. Squeezes Iran

    June 5, 2026 10:32 AM, EDT OPEC crude output fell last month, hitting its lowest level in decades as the U.S. blockade of Iran and disruption in the Persian Gulf continued to curb production. Output from its 11 current members dropped by 1.22 million …

    Source: Transport Topics - Center-right

17 days 14:15:23

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  • Published on April 29, 2026 - 04:23 GMT

    UAE Announces Withdrawal from OPEC, OPEC+ Oil Alliances

    (MENAFN) The United Arab Emirates has announced plans to withdraw from both Organization of the Petroleum Exporting Countries and OPEC+, signaling a significant shift in its approach to energy policy and international oil cooperation. According to reports …

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  • Published on May 11, 2026 - 13:14 GMT

    UAE’s OPEC Exit Plans Change in its Energy Strategy

    (MENAFN) The United Arab Emirates’ reported decision to leave OPEC and the broader OPEC+ alliance marks a notable change in its energy strategy, potentially giving Abu Dhabi more autonomy over its oil production policy, according to analysis cited in …

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