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News from OPEC+

Stay current with all the latest and breaking news about OPEC+, compare headlines and perspectives between news sources on stories happening today. In total, 191 stories have been published about OPEC+ which Ground News has aggregated in the past 3 months.

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Top OPEC+ News

OPEC again cuts 2024, 2025 oil demand growth forecasts
Business · United States

OPEC again cuts 2024, 2025 oil demand growth forecasts

40% Right coverage: 15 sources
OPEC on Wednesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group’s fifth consecutive downward revision in its monthly report.See the Story
OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game
Donald Trump · United States

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

34% Center coverage: 3 sources
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…See the Story
IEA Sees Large Oil Glut in 2025 Despite OPEC+ Delay to Supply Hike
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IEA Sees Large Oil Glut in 2025 Despite OPEC+ Delay to Supply Hike

67% Right coverage: 3 sources
The global oil market will find itself in a large surplus next year, even as OPEC+ has decided to defer the start of production increases to April, the International Energy Agency (IEA) said on Thursday. The OPEC+ group last week decided to delay the start of the easing of the 2.2 million bpd cuts to April 2025, from January 2025. The group also extended the period in which it would unwind all these cuts into the following year, until September …See the Story

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