opec - Search News

News

OPEC, Oil Output and Market Share

Logic for OPEC policy not market share: Energy Aspects

OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects' Amrita Sen joins CNBC's Access Middle East to discuss the decision and its implication for global energy markets.

CNN · 22h

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

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia.

Barron's · 1d

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.

OPEC, Petroleum Exporting Countries

Newsweek on MSN · 23h

OPEC+ Countries Agree to Boost Oil Production: What to Know

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on production.

Associated Press News on MSN · 1d

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.

Reuters · 3d

OPEC+ expected to raise oil production further on Sunday, sources say

Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the final size of the increase for September amid fears of further supply disruptions from Russia and a seasonal slowdown in demand.

OPEC Plus Will Increase Oil Output

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

Texas Standard4h

OPEC surge, rig count putting damper on Trump bid for US energy dominance

President Donald Trump’s campaign promise of U.S. energy dominance is running into some crude realities, one of them rattling ...

ABP News on MSN2h

Oil Slips As OPEC+ Confirms September Output Hike Amid US Economic Concerns

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) announced on Sunday that it will raise ...

Daily Post Nigeria3h

Nigeria’s crude oil production hits 1.8 mbpd, surpasses OPEC quota

Nigeria's crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the Organisation of Petroleum Exporting Countries, ...

9hon MSN

Venezuela's oil exports fell in July as partners awaited US authorizations

Venezuela's oil exports declined about 10% in July from the previous month as key partners of state company PDVSA awaited U.S ...

Oil falls as OPEC output hike adds to oversupply concerns

NEW YORK/LONDON (Reuters) -Oil prices fell to their lowest in a week on Monday after OPEC agreed to another large output increase in September, adding to oversupply concerns after U.S. data showed ...