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OPEC+ holds October output steady as Iran war constrains supply

OPEC Owes Its Existence To The Texas Railroad Commission

OPEC countries nationalized oil industries and coordinated production with longterm goals and stability in mind, without pressure from private shareholders.

La OPEP+ congela su producción de petróleo pese a meses de subidas y crisis de exportación

La decisión de no tocar la producción para octubre ha sido adoptada en una teleconferencia por los ministros del sector de Arabia Saudí, Rusia, Irak, Kuwait, Kazajistán, Argelia y...

OPEC+ set to keep oil output policy unchanged on Sunday, sources say

Producer group needs to agree quotas before deciding output steps as Iran war limits sway over prices, market ​share

OPEC output rose in July, led by Gulf nations

Oil supplies increased by 1.16 million barrels a day in July to an average of 19.44 million barrels a day, with the three Persian Gulf nations accounting for almost all of the gain...

OPEC+ Ends Rollback of Voluntary Output Cuts, Approves Additional 188,000 Bpd

Group expected to pause further increases in Q4 Emmanuel Addeh in Abuja  The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has approved a further increas...

OPEC+ set to keep oil output policy unchanged on Sunday

OPEC+ is set to keep its oil output policy unchanged for October at a meeting on Sunday, two people familiar with the discussions told Reuters, as the ⁠producer group needs to agre...

OPEC+ prepares to stop raising oil output targets

(Oil Prices) – OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade […]

Oman seen backing OPEC+ output strategy

Oman is expected to support a cautious, phased approach to future oil production increases as OPEC+ prepares for a key meeting that could reshape production quotas and baseline cal...

OPEC+ boosts September production by 188,000 barrels/day

Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by 188,000 barrels a day from September, against a backdrop of d...

Opec Output Extends Recovery In July

Opec production rose for the second consecutive month in July and is now 3.7mn b/d above its May low point. Optimism is again building that ...

OPEC+ Keeps October Oil Output Quotas Unchanged As Focus Shifts To 2027

The Astana Times provides news and information from Kazakhstan and around the world. ALMATY – OPEC+ has decided to keep oil production targets for October unchanged, pausing furthe...

UAE tells OPEC its oil production surged by 80% in June

Abu Dhabi found workarounds for the Iran war and was free to pump more barrels after leaving the producer group.

OPEC+ loses oil sway as China gains ground

LONDON: The world's most powerful oil alliance, OPEC+, finds itself in an unfamiliar position: unable to influence a market it once helped shape.The war, which has shut a major exp...

OPEC+ pauses oil output policy steady for October

La OPEP+ no aumentará su producción en octubre ante problemas de exportación

La alianza petrolera frena por ahora los aumentos de bombeo mientras persisten las dificultades para movilizar crudo por el estrecho de Ormuz, el mar Rojo y los ataques a instalaci...

Ölförderung: Opec plus einigt sich auf höhere Ölförderziele

Die Ölförderorganisation hat ihre Quoten seit Beginn des Iran-Krieges monatlich angehoben. Nun will sie ihre Förderziele ab September um 188.000 Barrel pro Tag erhöhen.

Russia’s Sechin says China, not OPEC, calls shots on global energy markets

VLADIVOSTOK, Sept 4 (Reuters) - Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude...

Venezuela weighs OPEC exit: Reports

Venezuela is ​closely ​examining plans to leave OPEC, Bloomberg News ⁠reported on ⁠Thursday, citing people familiar with ‌the matter.The ​idea ⁠of ​an exit has ‌been ​a topic in co...

OPEC+ Is About to Pause Oil Output Hikes. Here’s What It Means for Oil Stocks.

2026-07-28 13:30:01 ET OPEC+ appears poised to pause its phased output increases after Sept…

OPEC Output Slumps as Conflict Curbs Saudi Flows

Supplies from the Organization of the Petroleum Exporting Countries declined by 900,000 barrels a day last month to average 19.91 million a day.

OPEC Plus Holds Oil Production Steady as U.S.-Iran Strikes Resume

The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf.

OPEC+ states’ output up by almost 1.4 mbd in July

The alliance’s production volume amounted to 28.928 mbd

OPEC+ Monitoring Committee concerned over attacks on global energy infrastructure

The Committee also analyzed the current market situation and "emphasized the essential role of the Declaration of Cooperation in supporting the stability of global energy markets