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OPEC+ production hikes could drive oil towards $60/barrel

March World And Non-OPEC Oil Production Rises

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Read more here.

invezz on MSN · 1d

Analysis: OPEC+ production hikes could drive oil towards $60/barrel

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in the oil market has been on the upside since the Organization of the Petroleum Exporting Countries and allies started to unwind their voluntary production cuts of 2.

Hosted on MSN · 1d

Oil markets are absorbing extra barrels from Opec+, UAE energy minister says

Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, Suhail Al Mazrouei, Minister of Energy and Infrastructure,

Hosted on MSN6mon

10 Top Oil-producing Countries - MSN

In recent years, the global oil market has been impacted significantly by COVID-19 disruptions, price wars between oil-producing nations, Russia's war in Ukraine and the conflicts in the Middle ...

ZAWYA9h

World requires more energy in decades to come: OPEC Secretary-General

VIENNA: Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed ...

Marine Link5mon

Oil Producing Countries News

Oil-Producing-Countries News: Additional Sanctions Possible For Russian Oil Tankers, Improved Security Lifts Nigeria's Oil Output, Euronav's Loss Deepens As. Tuesday, June 10, 2025.

The Hill4mon

OPEC+ to increase oil production after long delay - The Hill

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move ...

The New York Times2mon

Oil Prices Are Falling. Here’s Where That Could Spell Trouble.

Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen as the initial, alarming sign of looming turmoil.

6don MSN

Could California start producing more oil? Gov. Newsom is considering it

Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and ...

4don MSN

Oil prices fall as OPEC+ to boost production even more than expected in August

Oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they ...

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