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NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost ... in OPEC+ as the ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
ABU DHABI (Reuters) -The UAE's non-oil private sector grew steadily in June even as regional tensions weighed on demand, and ...
Iran has shown unprecedented resilience despite being pummeled by US-backed Israel, and now the US itself, in the ongoing ...
December 2026 production was revised down by 165 kb/d from the last report to 41,177 kb/d. Non-OPEC Oil Countries Ranked by Production Listed above are the World’s 11 largest Non-OPEC producers.
Several countries come under the OPEC+ banner, OPEC’s site shows. These include Russia, Kazakhstan, Azerbaijan, and Mexico, the site highlights.
From December 2023 to December 2026, oil production in Non-OPEC countries is expected to increase by 610 kb/d. October’s Non-OPEC W/O US oil production rose by 211 kb/d to 39,449 kb/d.
The JMMC reviewed the crude oil production data for the months of November and December 2024 and noted the high overall conformity for OPEC and non-OPEC countries participating in the Declaration ...
“The Committee will also continue to monitor the additional voluntary production adjustments announced by some participating OPEC and non-OPEC countries as agreed upon in the 52nd JMMC held on 1 ...
BofA has estimated that non-OPEC countries will account for around 70% of market share in the first quarter of 2025. These countries have gradually outpaced OPEC+ since 2017, data from the bank ...
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