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A service for global professionals · Wednesday, June 11, 2025 · 820,972,774 Articles · 3+ Million Readers
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Central Asia OPEC Newswire

  • Published on Jun 10, 2025

    Kazakh Oil Exports to Hold Near Record Again in Fresh OPEC+ Test

    Kazakhstan pumped 1.82 million barrels a day of crude in April, according to secondary source estimates compiled by OPEC. That was about 300,000 barrels a day above the country’s target production level for the month. That target is 40,000 barrels a day …

    Source: Financial Post - Center-right
  • Published on Jun 10, 2025

    Saudi Oil Flow To China Inches Down Amid OPEC+ Expansion

    (MENAFN- The Arabian Post) 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 …

    Source: MENAFN - Indeterminate
  • Published on Jun 9, 2025

    Bank of America says Saudi Arabia preparing for 'long and shallow' oil price war

    Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy companies, the Bank of America’s top commodities expert said.  “It’s not a price war that is going to be short and steep; …

    Source: Middle East Eye - Indeterminate
  • Published on Jun 9, 2025

    OPEC+ Quota Increases Yet To Yield Production Gains

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai OPEC+ has escalated production quotas by roughly one million barrels per day from March to June, aiming to reactivate idled capacity, yet actual output across the group remains flat, according to data …

    Source: MENAFN - Indeterminate
  • Published on Jun 6, 2025

    Oil Holds Strong on Supply Disruptions and Geopolitical Tensions

    Light crude oil futures rallied this week, closing Thursday at $63.37 per barrel—up approximately 4.2%—as the market digested a cocktail of bullish catalysts. Traders responded to unplanned supply disruptions in Canada, measured output policies from OPEC+, …

    Source: Oil Price - Neutral
  • Published on Jun 6, 2025

    Demand for US light sweet crude drops as OPEC+ ramps up output

    By Stephanie Kelly and Robert Harvey NEW YORK (Reuters) -Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners and weighing on export demand for light sweet U.S. crude, contributing to …

    Source: Yahoo Finance - Center-left
  • Published on Jun 9, 2025

    The UAE – big plans and a bright outlook

    In 2025, the UAE is continuing with its economic transition toward non-hydrocarbon activities and diversified revenues under the ‘We the UAE 2031’ plan. The series of reforms, impacting all fields of the economy, has been supporting strong and steady …

    Source: Hospitality News Magazine - Neutral
  • Published on Jun 5, 2025

    Russia Keeps Oil Production Below OPEC+ Quota

    Russian crude oil production stayed just below the country’s quota in the OPEC+ agreement in May, unidentified sources with knowledge of the data told Bloomberg on Thursday. Russia classified its oil and gas production data in early 2022, shortly after the …

    Source: Oil Price - Neutral
  • Published on Jun 2, 2025

    Will Nigeria meet OPEC+ output quota?

    Nigeria's oil and gas sector is facing a pivotal moment as the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have agreed to raise crude oil output by 411,000 barrels per day for July. This decision comes as …

    Source: CNBC Africa - Neutral
  • Published on Jun 7, 2025

    MENA Growth Slows to 2.6% in 2025

    MENA Growth Slows to 2.6% in 2025 In a surprising move, the International Monetary Fund (IMF) has revised its growth forecast for the Middle East and North Africa (MENA) economies for 2025, lowering it to 2.6%, down from the previous estimate of 4%. This …

    Source: Middle East Business - Neutral
  • Published on May 5, 2025

    Oil prices fall after OPEC+ output hike

    Oil prices took a considerable hit today, dropping over one per cent after eight OPEC-plus countries made the decision to ramp up oil production by 411,000 barrels per day in June. This move marks the second consecutive month of acceleration, bringing the …

    Source: CNBC Africa - Neutral
  • Published on Jun 6, 2025

    Policy issues in EFF programme — I

    Pakistan’s Extended Fund Facility (EFF) programme with International Monetary Fund (IMF), which as per one of its benchmarks also forms the basis of the upcoming federal budget, suffers serious flaws in terms of prescribed policy, and objectives. Together …

    Source: Business Recorder - Neutral
  • Published on Jun 5, 2025

    "I'm Just Here For The Cotton Candy"

    By Michael Every of Rabobank "I'm just here for the cotton candy" Naturally, the market didn’t Fink about a new globalization yesterday. Rather, it fought on weaker US data: ADP employment 37K vs. 114K expected, ISM services 49 vs. 52. That …

    Source: Zero Hedge - Right-wing
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