Sunday, November 9, 2025

Iran and Iraq will be Stumbling Blocks to OPEC Production Cut

From the Wall Street Journal VIENNA—Iran and Iraq emerged as major stumbling blocks to an OPEC agreement on reducing crude-oil output, as cartel members gathered ahead of their official meeting to tackle the thorny puzzle of how to share the pain of reducing their production. Officials of the Organization of the Petroleum Exporting Countries who met for midlevel talks aimed

Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says - Oil&Gas360

OPEC Member Sees Group-Wide Freeze and $50 Oil on the Horizon

Nigeria’s oil minister sees OPEC production freeze as likely, says Saudis are pushing for it A wider production freeze inside of OPEC could be close at hand, Nigerian Oil Minister Emmanuel Ibe Kachikwu said during an interview with CNBC. Earlier this month, four OPEC producers and Russia agreed to maintain production at January levels, welcome news in a global market