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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, 218 stories have been published about OPEC+ which Ground News has aggregated in the past 3 months.

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Putin, Saudi crown prince stress importance of OPEC+ coordination, Kremlin says
Mohammed Bin Salman

Putin, Saudi crown prince stress importance of OPEC+ coordination, Kremlin says

100% Right coverage: 4 sources
MOSCOW - Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman underscored the importance of continuing a "close coordination" within the OPEC+ group of oil producers during a phone call, the Kremlin said on Wednesday.See the Story
Analysis-OPEC+ may stick with deep oil cuts for longer due to weak demand – Oil & Gas 360
Investing

Analysis-OPEC+ may stick with deep oil cuts for longer due to weak demand – Oil & Gas 360

(Investing)– LONDON – OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more, sources and analysts said. The Organization of the Petroleum Exporting Countries and its allies led by Russia, the group known as OPEC+, which pumps around half the world’s oil, has already delayed a plan to See the Story
Libya’s Oil Recovery Boosts Global Supply in November
OPEC+ · Libya

Libya’s Oil Recovery Boosts Global Supply in November

The International Energy Agency (IEA) reported in its November 2024 bulletin that global oil supply surged by 290,000 barrels per day (bpd), reaching 102.9 million bpd in October. This growth is attributed primarily to Libya’s recovery in oil production. The IEA forecasts that non-OPEC+ nations will boost oil supplies by approximately 1.5 million bpd this year and next. Conversely, OPEC+ member states are expected to cut output by 820,000 bpd in…See the Story

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