opec+

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Iraq Set for Key Oil Cargo Surge in Sign of Increased Output

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil

Energy

Russia Says China Is Moving Towards Exporting Energy

By Vladimir Soldatkin and Olesya Astakhova ST PETERSBURG, Russia, June 21 (Reuters) – Rosneft ROSN.MM CEO Igor Sechin, one of the

Shipping

OPEC Crude Tanker Loadings Surge 24% as Production Cuts Unwind

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

News

OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday

Shipping

OPEC+ To Further Speed Up Oil Output Hikes

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 4 (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to

Shipping

Tankers: OPEC+ to Proceed with Planned April Oil Output Hike

 OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing