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OPEC+

  • OPEC+
Saudi Arabia has the most spare capacity, followed by Iran and then the UAE
OPEC+ weighs oil output
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  • OPEC+
OPEC+ expects oil demand to rise to pre-pandemic levels in the second half of the year
OPEC+ seen sticking to policy despite oil price rally
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  • OPEC+
The impact from Omicron is not yet clear
OPEC+ talks likely to consider pausing oil output hike as an option
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  • OPEC+
Pressure from consumers for more supply is rising
OPEC+ seen sticking to existing output plans
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  • OPEC+
The higher demand forecast strengthens the case for a speedier output increases by OPEC+
OPEC+ raises 2022 oil demand growth forecast
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  • OPEC+
Oil prices near 2-1/2 year highs on pandemic recovery
OPEC+ agrees oil supply boost to cool prices
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  • OPEC+
OPEC+ producers have said they will decide on a date for a new meeting in due course
Saudi-UAE still at impasse over OPEC+ deal
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  • OPEC+
The failure of OPEC+ talks means an expected increase in output from August will not take place
OPEC+ calls off oil output talks
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  • OPEC+
Consuming nations want more crude to prevent high prices derailing a global recovery from the COVID-19 pandemic
Saudi-UAE standoff on OPEC+ oil output policy
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  • OPEC+
Saudi Arabia is phasing out its extra voluntary cuts by July
OPEC+ to gradually ease oil output cuts from May
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  • OPEC+
OPEC+ will meet monthly to decide on next months
OPEC+ agrees to slightly ease oil cuts from January
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  • OPEC+
OPEC+ is currently curbing production by 7.7 million barrels per day
OPEC+ to meet on weakening oil demand outlook
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  • OPEC+
OPEC+ cuts will last until the end of 2021
Iraq expects deal with OPEC+ to up oil exports
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  • OPEC+
OPEC+ producers have been reducing production since January 2017 to help support prices
OPEC+ panel to discuss compliance with agreed output cuts
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