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A service for global professionals · Tuesday, March 25, 2025 · 796,874,198 Articles · 3+ Million Readers
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Oman OPEC News Monitoring

  • Published on Mar 24, 2025

    UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPEC+

    The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman met virtually on March 3, 2025, to review …

    Source: Global Times - Gov't Propaganda
  • Published on Mar 24, 2025

    JP Morgan Says Oil Vigilantes Have Been Found Wanting

    Oil vigilantes have been found wanting. That’s what analysts at J.P. Morgan said in a research note sent to Rigzone on Thursday by Natasha Kaneva, Head of Global Commodities Strategy at the company. In the research note, the J.P. Morgan analysts noted that …

    Source: Rigzone - Neutral
  • Published on Mar 22, 2025

    Crude Oil Soars on Tighter Supply

    By Adedapo Adesanya Crude oil appreciated as fresh US sanctions on Iran as the latest output plan from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) producer group raised expectations of tighter supply. Brent crude futures …

    Source: BusinessPost Nigeria - Uncategorized
  • Published on Mar 21, 2025

    OPEC+ unveils new plan for oil output cuts to address overproduction

    The Organisation of the Petroleum Exporting Countries (OPEC+) has unveiled a new schedule for seven of its member nations to implement further oil output cuts. This move aims to compensate for pumping above agreed levels, with monthly reductions ranging …

    Source: Hydrocarbons Technology - Neutral
  • Published on Mar 21, 2025

    Opec+ issues new plan for oil cuts to compensate for overproduction

    Opec+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping above agreed levels, which will more than overtake the monthly production hikes the group plans to introduce next month. The plan …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Mar 20, 2025

    Oil Prices and Gulf Economic Policymaking

    On March 3, OPEC+ announced plans to unwind voluntary oil production cuts beginning in April. Brent crude oil prices subsequently dropped to 6-month lows, dipping below $70 per barrel. Supply and demand dynamics in global oil markets have led to subdued …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Mar 20, 2025

    OPEC receives surplus oil production compensation schedules

    MOSCOW, March 20. /TASS/. OPEC received updated compensation plans for oil production from seven OPEC+ countries, the Organization said on its website. Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by …

    Source: TASS - Gov't Propaganda
  • Published on Mar 22, 2025

    Linkage Assurance, Oando, Others Lift Nigerian Exchange by 0.10%

    By Adedapo Adesanya Crude oil appreciated as fresh US sanctions on Iran as the latest output plan from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) producer group raised expectations of tighter supply. Brent crude futures …

    Source: BusinessPost Nigeria - Uncategorized
  • Published on Mar 22, 2025

    Middle East Crude-Benchmarks rise to highest end-week levels this month

    Middle East crude benchmarks Oman, Dubai and Murban rose on Friday to the highest end-week levels this month. SINGAPORE CASH DEALS Cash Dubai’s premium to swaps rose 5 cents to $1.51 a barrel. The U.S. on Thursday issued new Iran-related sanctions, …

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

    Asia’s sour crude demand set to rebound late second quarter, support Mideast prices

    SINGAPORE: Asia’s sour crude demand is set to rebound from late in the second quarter as refiners return from maintenance and Exxon Mobil completes a Singapore refinery upgrade that is poised to increase its heavy oil use, traders and analysts said. The …

    Source: Business Recorder - Neutral
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