America’s got the muscle, but does it have the patience to be a true oil master?  According to a Reuters report published Wednesday, members of OPEC+ are getting fidgety about what will happen to the oil market once President-Elect Donald Trump retakes the White House next month. On the one hand, the oil industry overall might benefit from a pro-oil president. On the other hand, if US production ramps up, it could flood the market, especially wi…

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OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

2024-11-25 08:48:07 ET           The Organization of the Petroleum Exporting Countries and allies…

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OPEC+ may extend output cuts to prevent oil glut: UBS – Oil & Gas 360News Story – QuoteMedia Market Data Solutions

LONDON (Reuters) - OPEC+ is concerned about a further increase in U.S. oil output when Donald Trump returns to the White House because it would mean OPEC+’s market share would fall further and undermine the alliance’s efforts to support prices, OPEC and non-OPEC producers including Russia, […]

لندن – رويترز: قال ممثلون لدول من تحالف «أوبك+» إن التحالف قلق من زيادة جديدة في إنتاج الولايات المتحدة من النفط عندما يعود دونالد ترامب للبيت الأبيض لأن تلك الزيادة ستعني أن حصة «أوبك+» من السوق ستشهد تراجعا أكبر وستقوض جهود التحالف لدعم الأسعار. ويضخ التحالف منظمة البلدان المُصدِّرة للنفط «أوبك» ومنتجين مستقلين منهم روسيا، […]

تحالف «أوبك+» يشعر بالقلق من احتمال زيادة إنتاج أمريكا من النفط في عهد ترامب

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OPEC+ alliance concerned about potential US oil output increase under Trump

A fall in prices would harm the countries of the organization that depend on oil revenues

Una caída de los precios perjudicaría a los países de la organización que dependen de los ingresos del petróleo

Opep+ desconfía de nuevo aumento de producción de petróleo de EE.UU. bajo Trump

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Opep+ again distrusts U.S. oil production increase under Trump

December 18, 2024 Baghdad/Al-Masala: Representatives of the OPEC+ alliance countries expressed their concerns about a new rise in... The article OPEC+ alliance is concerned about the increase in US oil production appeared first on Al-Masala.

18 ديسمبر، 2024 بغداد/المسلة: عبّر ممثلو دول تحالف أوبك+ عن مخاوفهم من ارتفاع جديد في... ظهرت المقالة تحالف “أوبك+” قلق من زيادة إنتاج النفط الأميركي أولاً على المسلة.

تحالف "أوبك+" قلق من زيادة إنتاج النفط الأميركي

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OPEC+ alliance concerned about increasing US oil production

Shafaq News/ Representatives of the OPEC+ alliance countries expressed their concerns on Wednesday about a new increase in US oil production with the return of Donald Trump to the White House, as this could reduce the alliance's share in the market and undermine its efforts to support prices. The OPEC+ alliance, which includes OPEC countries and independent producers such as Russia, produces about half of the world's oil production. The alliance…

شفق نيوز/ أعرب ممثلو دول تحالف "أوبك+" عن مخاوفهم، يوم الأربعاء، خشية ارتفاع جديد في إنتاج الولايات المتحدة من النفط مع عودة دونالد ترامب إلى البيت الأبيض، حيث قد يؤدي ذلك إلى تقليص حصة التحالف في السوق وتقويض جهوده لدعم الأسعار. وينتج تحالف "أوبك+"، الذي تشمل دول منظمة "أوبك" ومنتجين مستقلين مثل روسيا، نحو نصف الإنتاج العالمي من النفط. وكان التحالف قد قرر في وقت سابق من هذا الشهر تأجيل زيادة مقررة للإنتاج حتى نيسان/ أبريل 2025، ومدد بعض التخفيض…

تحالف "أوبك+" قلق من عودة ترامب إلى الرئاسة

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OPEC+ alliance worried about Trump's return to the presidency

The OPEC+ group is wary that coming deregulation in the U.S. energy sector could boost U.S. oil production higher than forecast under incoming President Donald Trump, OPEC+ delegates have told Reuters. More U.S. oil supply could further erode OPEC+’s market share and weigh down on oil prices, which the OPEC cartel and its allies are desperately trying to support with production cuts. President-elect Trump’s return to the White House would likely…

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OPEC+ Frets Over U.S. Oil Output Growth Under President Trump

Producers nervy over market share Mixed feelings over Trump policy IEA predicts US supply up 2.3%  Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said. More US oil would further erode Opec+ market share and hamper the producer group’s efforts to support prices. Opec+ pumps about half of the world’s oil and earlier this month delayed a plan to raise output unt…

AGBI

Opec+ wary of rise in US oil output under Trump

(Reuters) – OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump returns to the White House, delegates from the group said, because more U.S. oil would further erode OPEC+ market share and hamper the producer group’s efforts to support prices. OPEC+ pumps about half of the world’s oil and earlier ...

Energy News for the United States Oil & Gas Industry | EnergyNow.com

OPEC+ Wary of Renewed U.S. Oil Output Rise Under Trump - Energy News, Top Headlines, Commentaries, Features & Events

LONDON (Reuters) - OPEC+ is concerned about a further increase in U.S. oil production when Donald Trump returns to the White House, representatives of OPEC+ countries said, as such an increase would mean OPEC+’s market share would fall further and undermine the alliance’s efforts to support prices. OPEC+, a grouping of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers including Russia, pumps about half the world…

لندن (رويترز) قال ممثلون لدول من تحالف أوبك+، إن التحالف قلق من زيادة جديدة في إنتاج الولايات المتحدة من النفط عندما يعود دونالد ترامب للبيت الأبيض، لأن تلك الزيادة ستعني أن حصة أوبك+ من السوق ستشهد تراجعاً أكبر، وستقوض جهود التحالف لدعم الأسعار.تضخ مجموعة أوبك+، التي تضم منظمة البلدان المصدرة للبترول (أوبك) ومنتجين مستقلين منهم روسيا، نحو نصف نفط العالم، وأرجأت في وقت سابق من هذا الشهر زيادة مقررة للإنتاج حتى أبريل. كما مددت بعض التخفيضات الأخر…

«أوبك+» قلقة من زيادة إنتاج أميركا من النفط

aletihad.ae

OPEC+ concerned about US oil production increase

The Organization of the Petroleum Exporting Countries and its allies are wary of losing further market share to rising oil production in the US, according to a Reuters report.  Rising oil production from the US is also likely to hamper OPEC+ efforts to support oil prices.  Also, the prospect of more US production in the coming years could mean less room for the cartel to go ahead with its planned production increases later next year. OPEC and it…

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

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