US EditionOPEC Oil Production Fell Short of OPEC+ Target in May
10 Articles
10 Articles
The participation of Pemex's allocations in oil revenues to the Nation continues to slip, mainly so far this year. Last May, Petróleos Mexicanos (Pemex) delivered 16,407 million pesos (mmdp) derived from its oil activities, which meant a reduction of 21.3 percent compared to the same month of the previous year when it contributed 20,863 mmdp. Compared to the amount recorded in January last of 19,687 million, the fall has been 16.6 points. Accord…
Five OPEC+ Nations Fall Short on May Output Increase Pledge—Survey
OPEC+ members Algeria, Iraq, Kuwait, Saudi Arabia and the United Arab Emirates increased oil output by just 180,000 barrels per day in May—far short of the output they had pledged—according to a Reuters survey. While Saudi Arabia led with a “130,000 bpd” rise, compensation cuts by Iraq and restrained boosts from the UAE left the […]
OPEC+ Falls Short on Output Promises: Implications for Oil Prices, U.S. Investors, and Global Energy Markets
As we examine investments in the energy markets, I consider trends, supply, demand, and opinions from energy leaders with an excellent track record. I have included two posts on X from Josh Young of Bison Interests, and he makes some excellent points. I highly recommend following him on X, and LinkedIn. Introduction In May 2025, OPEC+ announced plans to increase oil production by 411,000 barrels per day (bpd), signaling a gradual unwinding of vo…
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