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Confidential Source•Mar 1, 2026
OPEC+ Boosts Oil Output by 206,000 bpd Amid Iran Conflict – Bigger Than Expected
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16 results for “OPEC+”
Stocks Market
•August 3rd, 2026OPEC+ Slightly Raises September 2026 Production Quotas by 188,000 Barrels per Day
At an online meeting on Sunday, the OPEC+ group decided to lift its September oil‑output allowances by 188,000 barrels per day – a modest adjustment that mirrors the changes made in recent months. With voluntary cuts now fully unwound, the alliance’s next hurdle is to balance any emerging surplus as...
Global Economy
Brent Crude Slides Below $72 Amid Growing Supply Pressure
boursenews.ma•Jul 6
Brent crude fell below the $72 per barrel threshold on Monday, reaching its lowest level since late February. The decline is linked to a gradual retur...
Stocks Market
OPEC+ Approves Additional Oil Production Boost Starting August
boursenews.ma•Jul 5
The OPEC+ group announced on Sunday that it will raise its collective oil‑output target by another 188,000 barrels per day beginning in August. The mo...
Global Economy
OPEC+ Raises Oil Production Targets Amid Middle East Tensions
boursenews.ma•Jun 8
OPEC+ disclosed a fourth straight raise of its daily oil output quota, responding to ongoing supply disruptions caused by the US‑Iran conflict and the...
Stocks Market
Brent Crude Surges Past $97 a Barrel Amid Renewed Israel‑Iran Tensions
boursenews.ma•Jun 8
After two consecutive days of decline, Brent crude jumped more than 4% to break the $97‑per‑barrel barrier. The rally was sparked by fresh missile exc...
Global Economy
OPEC+ Approves Third Consecutive Production Hike Amid Strait of Hormuz Tensions
boursenews.ma•May 4
OPEC+ has consented to raise its output by roughly 188,000 barrels per day in June, marking the third straight monthly increase since the United State...
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Moroccan Stock Markets Show Resilience: 2.9% Surge in Q2 2019 Despite Economic Challenges
boursenews.ma•May 4
In Q2 2019, SafranBank Group reported a 2.9% year-over-year revenue growth despite macroeconomic headwinds. The Moroccan stock market demonstrated res...
Stocks Market
UAE to Exit OPEC and OPEC+ Effective May 1, 2026, Shaking Global Energy Cartel
boursenews.ma•Apr 28
The United Arab Emirates announced on April 28, 2026, that it will withdraw from OPEC and OPEC+ effective May 1, 2026, in a move that deals a major bl...
Global Economy
OPEC+ Green‑Lights Theoretical Production Boost as Middle East Tensions Soar
boursenews.ma•Apr 6
OPEC+ has agreed to a nominal increase of 206,000 barrels per day for May, but the move is largely symbolic as members are cutting output due to ongoi...
Global Economy
WTI Crude Surges Over 7% Amid Middle East Conflict, Hits Eight‑Month High
boursenews.ma•Mar 2
U.S. West Texas Intermediate (WTI) crude rocketed more than 7 % on Monday, closing at $72 per barrel – its highest level in eight months – after a joi...
Stocks Market
OPEC+ Boosts Oil Output by 206,000 bpd Amid Iran Conflict – Bigger Than Expected
Premium
Confidential Source•Mar 1
On March 1, 2026, Saudi Arabia, Russia and six other OPEC+ members agreed to raise their April oil‑production quotas by 206,000 barrels per day – a ju...
Global Economy
WTI Crude Oil Surges to Multi‑Month High Amid Rising US‑Iran Tensions
boursenews.ma•Feb 19
On Thursday, February 19 2026, U.S. West Texas Intermediate (WTI) crude jumped 4.6 % to $66 a barrel – its highest price since early August. The rall...
Global Economy
OPEC+ May Boost Oil Output Starting April Amid Record Summer Demand
boursenews.ma•Feb 16
OPEC+ is weighing a resumption of oil‑production hikes from April, aiming to satisfy an expected record‑high summer demand while geopolitical tensions...
Global Economy
European Stocks Kick Off the Week in the Green as Earnings and Economic Data Loom
boursenews.ma•Feb 16
European equity markets began Monday on a positive note, with the CAC 40, DAX and FTSE 100 all posting modest gains. The week ahead is packed with cor...
Stocks Market
OPEC+ Keeps March Oil Output Unchanged as Iran‑US Tensions Push Brent Near $70
boursenews.ma•Feb 2
On Sunday, eight OPEC+ members agreed to leave their oil production unchanged for March, despite escalating concerns over a possible U.S. military mov...