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OPEC Quota News Monitoring

  • Published on Jun 27, 2025

    Minister says Angola's experience in OPEC “was not good”

    “OPEC is a cartel, whether we like it or not. And like all cartels, it lives off imposed quotas. Angola was not meeting the quota, it was the quota meeting us. The time would come when we would have to cut production. And that would not be fair to the …

    Source: Ver Angola - Neutral
  • Published on Jun 26, 2025

    “OPEC is a cartel, whether we like it or not. It relies on imposed quotas.”

    “OPEC is a cartel, whether we like it or not. And like all cartels, it thrives on imposed quotas. It wasn’t Angola that adhered to the quota; the quota adhered to us. The time would come when we would have to cut production. And that would not be fair to …

    Source: Portugal Pulse - Neutral
  • Published on Jun 26, 2025

    Russian first deputy PM urges Kazakhstan to continue coordinating collective actions within OPEC+

    Russian Deputy Prime Minister Alexander Novak, who is co-chair of OPEC+’s ministerial monitoring committee, called on Kazakhstan to maintain coordination within the organization during a meeting with Kazakh First Deputy Prime Minister Roman Sklyar, the …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 26, 2025

    Cautious optimism as crude oil prices drop below $70 after Iran-Israel ceasefire

    Oil prices dropped dramatically Tuesday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East. Brent Crude, which surged sharply after the war gained traction, has dropped below $70, selling between …

    Source: Daily Trust - Indeterminate
  • Published on Jun 26, 2025

    U.S. To Resume Iran Nuclear Talks

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai U.S. President Donald Trump has announced that American and Iranian officials will meet next week to discuss Tehran's nuclear ambitions, following a concerted military campaign that he claims has …

    Source: MENAFN - Indeterminate
  • Published on Jun 24, 2025

    Former CFO of Nigeria’s State Oil Firm Arrested Over Alleged $7-Billion Fraud

    Nigeria’s Economic and Financial Crimes Commission has arrested two ex-oil officials, including the former chief financial officer of Nigeria’s state energy firm NNPC, over an alleged $7.2-billion fraud, corruption, and abuse of office. The financial …

    Source: Oil Price - Neutral
  • Published on Jun 24, 2025

    Reforms must outpace red tape to attract global energy investment – Alokolaro

    Nigeria’s oil and gas sector has long been the backbone of the economy, yet the sector faces persistent challenges, including declining production, security concerns, regulatory inefficiencies, and underdeveloped infrastructure. In this interview, Ola …

    Source: Business Day - Neutral
  • Published on Jun 24, 2025

    How politics trumped Tinubu's Nigerian tax reforms

    When Nigerian President Bola Tinubu sent four tax bills to lawmakers last year, his plans went beyond merely trimming and streamlining the country’s tax laws. He also wanted to change how tax revenue was shared among the country’s states. As it unfolded in …

    Source: African Business - Neutral
  • Published on Jun 23, 2025

    Iraq delays some oil field developments as production and exports normal during conflict

    Iraq, OPEC+s second biggest oil producer, has had to delay development of some oil projects but exports and production have so far remained on schedule, according to an oil ministry source and a report by local news Al Sharqiya News citing the country’s …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 23, 2025

    Despite Stunted Output Growth, Nigeria Rakes in N70tn Revenue from Oil Export

    Emmanuel Addeh in Abuja  In spite of the many challenges besetting Nigeria’s struggling oil and gas sector, the country’s revenue from the sector rose to N70.1 trillion in 15 months, spanning January 2024 to March 2025. Data from the National Bureau of …

    Source: This Day - Pro-Government
  • Published on Jun 27, 2025

    Suncor Energy: Buy, Sell, or Hold?

    Suncor (TSX:SU) rallied 20% off the April low over the past two months. Investors who missed the bounce are wondering if SU stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan …

    Source: The Motley Fool Canada - Neutral
  • Published on Jun 27, 2025

    Investors remain calm as the Middle East war unfolds

    Oil shock averted? World leaders and commodity traders have spent the past fortnight on edge as the long-running Iran-Israel conflict turned hot. Matters came to a head at the weekend when the US directly entered the war, bombing three Iranian nuclear …

    Source: MoneyWeek - Neutral
  • Published on Jun 27, 2025

    UAE Oil Partners Face Trading Losses after Surprise Supply Cut

    An unexpected move by the United Arab Emirates to cut volumes of a key oil grade sold to project partners including BP Plc and TotalEnergies SE is set to put a dent in some trading books. The hit stems from a mismatch in positions taken in the derivatives …

    Source: Rigzone - Neutral
  • Published on Jun 27, 2025

    Yergin: $40 oil isn’t happening. Where energy is headed after Iran.

    Daniel Yergin, vice chairman of S&P Global, spoke to Barron’s on Wednesday about the implications of the conflict and the two-month cease-fire announced this week on oil markets, which have since stabilized. Brent crude is trading at $66, just around …

    Source: Mint - Neutral
  • Published on Jun 27, 2025

    Gold and Oil Prices Diverge as Fed Outlook Shifts, Geopolitical Tensions Cool

    Gold and oil prices fluctuate depending on various economic, political, and environmental factors around the world. Here are the main factors that affect these prices: Factors Affecting Gold Prices Value of the Dollar: Gold is usually traded against the US …

    Source: Investing - Neutral
  • Published on Jun 24, 2025

    Kazakhstan sees Tengiz oil output rising to 35.7 million T in 2025

    Kazakhstan’s state energy company KazMunayGaz raised on Tuesday its forecast for oil output at the Chevron-led CVX Tengiz oilfield, the country’s largest, to 35.7 million metric tons in 2025 from 34.8 million tons expected previously, as it boosts output. …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 24, 2025

    Weekly Energy Market Situation—June 23, 2025

    Returning the Focus to Fundamentals Geopolitical risk premium now exiting the market Baker-Hughes rig count continues to fall U.S. refiners’ demand for crude remains strong Significant new chapter begins for the Canadian energy sector Sincerely, David …

    Source: Fuels Market News - Neutral
  • Published on Jun 24, 2025

    Oil price plunges while Aussie dollar and ASX climb on ceasefire — as it happened

    Here's a chart of Brent crude futures prices from the last month. At the end of May they were trading at $US63.9 a barrel, and by June 19 they had shot up to $US78.85 a barrel, and since that peak, in the last five days, they're back down to $US69. …

    Source: ABC (Australian Broadcasting Corporation) - Neutral
  • Published on Jun 24, 2025

    Iran-Israel conflict: Ceasefire or not, the world is swimming in oil

    After the war, the hangover. While hysteria about the closure of the Strait of Hormuz gripped the oil market for the last few days, the reality couldn’t be more different: a wave of Persian Gulf crude was forming. Now, the swell is heading into a global …

    Source: The Economic Times - Center-right

04 days 07:18:50

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