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OPEC, Oil Output and Market Share

OPEC+ makes another large oil output hike in market share push

OPEC+ curtailed production for several years to support the market. It reversed course this year to regain market share.

Gulf News on MSN · 5h

OPEC Agrees Big Output Hike to Finish Unwinding Round of Cuts

OPEC agreed on another bumper oil production increase for September, completing its current tranche of supply revival one year early as the group moves to reclaim its share of global crude markets.

Barron's · 16h

OPEC+ Slated To Increase Oil Output In Bid To Regain Market Share

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices.

8 OPEC+ countries raise production by 547,000 bpd

Reuters on MSN · 2d

US light crude falls more than $1 on possible OPEC production boost

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by OPEC and its allies. Brent crude futures were down 88 cents, or 1.23%, at $70.

The Associated Press on MSN · 17m

OPEC+ countries to boost oil production by 547,000 barrels per day

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could lower oil and gasoline prices.

Daily Journal · 3h

Eight OPEC+ countries raise production by 547,000 bpd

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day in a move which analysts say aims to

Forex Factory6h

OPEC agrees to increase 548,000 b/d in Sept with delegates

OPEC agrees to increase 548,000 b/d in Sept with delegates Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and ...

OPEC Plus Will Increase Oil Output

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

Odessa American1d

EU-OPEC-Plus news positives for energy industry

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

OilPrice.com14d

OPEC Is Playing The Long Game

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

12d

OPEC, IEA crude oil demand forecasts may be too cautious

A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy ...

16d

OPEC feels vindicated by its ‘no peak demand’ forecast

The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...

GlobalData on MSN19d

OPEC expects oil demand surge in Q3, followed by tight supply-demand balance

In collaboration with its allies, OPEC is set to boost oil production in response to anticipated robust demand.

3don MSN

Exclusive-Top China polysilicon firms plan to shut a third of production capacity, set OPEC-style output quotas, GCL says

By Colleen Howe BEIJING (Reuters) -Chinese producers of polysilicon, a building block for solar panels, are in talks to ...

Oil falls more than $2 a barrel on worries about OPEC supply, US jobs data

HOUSTON -Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its allies, while weaker-than-expected U.S. jobs report fed worries ...

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