OPEC+ Quota Hikes Yet to Deliver Oil Surge, Morgan Stanley Says

OPEC+ Quota Hikes Yet to Deliver Oil Surge, Morgan Stanley Says

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that shift has yet to translate into big gains in actual output, according to Morgan Stanley.

‘More is to Come’: Matador’s Foran on Upping Crude Production, 2025 Outlook

Matador Resources CEO Joe Foran discusses the driving decision in locking in its hedges earlier this year and the company’s oil and gas growth plans, in this Hart Energy Exclusive interview.

Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialized, commodity analysts from Morgan Stanley said. “Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an actual increase in production is hard to detect,” the team, led by Martijn Rats said in a note today, as quoted by Bloomberg. “Notably, it does not appear that p…

OPEC Quota Hikes Yet to Deliver Oil Surge: Morgan Stanley

'Notably, it does not appear that production in Saudi Arabia has ramped up significantly'.

OPEC+ Quota Hikes Yet To Deliver Oil Surge, Morgan Stanley Says

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that shift has yet to translate into big gains in actual output, according to Morgan Stanley.“Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an actual increase in production is hard to detect,” analysts including Martijn Rats said in a June 9 note. “Notably, it does not a…