Indian Metal & Energy Industry News & Updates - Opec

OPEC+ debates theoretical oil output hike amid Iran war paralysis, sources say
OPEC+ may ⁠approve an oil output increase on Sunday, four sources from the group said, a rise that will largely exist on paper as its key ‌members are unable to raise production due to the U.S.-Israeli war with Iran.

Metal & Energy06 April 2026
OPEC confirms big Saudi oil production hike in Feb ahead of Iran war, holds forecasts steady
Metal & Energy12 March 2026
OPEC agrees to 206k barrel-a-day production hike for April as US-Iran conflict tests oil markets
OPEC+ to increase production by 206,000 bpd as US-Iran war disrupts Gulf oil flows
The Financial Express

Metal & Energy02 March 2026
OPEC+ hikes oil production by more than expected following outbreak of Iran war
Metal & Energy02 March 2026
OPEC+ keeps oil output steady amid turmoil among members post US attack on Venezuela
OPEC+ kept oil output unchanged on Sunday after avoiding discussions of the multiple political crises affecting the producer group’s members, from the Middle East as well as Russia, Iran and Venezuela.

Metal & Energy05 Jan 2026
OPEC+ set to hold oil output policy steady on Sunday, sources say
Metal & Energy01 Dec 2025
OPEC+ agrees slight oil production hike
Metal & Energy03 Nov 2025
OPEC ready to raise oil output if required after US sanctions on Russia, Kuwaiti minister says
Metal & Energy24 Oct 2025
‘OPEC output confusion must put floor under oil prices’
Metal & Energy23 Oct 2025
OPEC+ agrees to small boost in oil production
Metal & Energy07 Oct 2025
OPEC+ to consider bigger increase to oil output
Metal & Energy01 Oct 2025
Opec+ plans oil output hike in November
Metal & Energy30 Sep 2025
OPEC+ is poised to slip further below oil output target
Metal & Energy27 Sep 2025
OPEC+ oil output hike smaller than expected, prices rise amid China's stockpiling and sanctions concerns
Metal & Energy11 Sep 2025
OPEC+ set to raise oil output further from October, sources say
Metal & Energy08 Sep 2025
OPEC Output Signals Spur Options Bets Oil Will Lurch Below $60
A flurry of bets on Brent crude falling below $60 a barrel this year changed hands in recent days, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.

Metal & Energy06 Sep 2025
OPEC trims global oil demand for next four years
Metal & Energy11 July 2025
Oil prices drop over 1% after OPEC+ surprises markets with bigger-than-expected August output hike
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, raising concerns about oversupply. Brent crude futures fell 80 cents, or 1.2%, to $67.50 a barrel by 0010 GMT, while US West Texas Intermediate crude was at $65.68, down $1.32, or 2%.

Metal & Energy08 July 2025
OPEC set to complete unwinding of voluntary oil output cut in Sept, sources say
Metal & Energy08 July 2025
Opec+ giants pump out additional oil to India
Metal & Energy06 Jun 2025
OPEC+ announces sharp increase in July oil production
Metal & Energy02 Jun 2025
OPEC+ expected to open taps more despite price slump
Metal & Energy27 May 2025
OPEC+ mulls super-sized output surge of 4,11,000 bpd for July—triple of initial plan: How it risks crude prices?
OPEC members are discussing making a third consecutive oil production surge in July, to be decided at the group’s meeting in just over a week, delegates said.

Metal & Energy23 May 2025
OPEC expects India's oil demand to rise 3.4% in 2025, double the pace of China
India's oil demand is projected to rise from 5.55 million barrels a day in 2024 to 5.74 million bpd in 2025, up 3.39 per cent, helped by rising energy needs in the world's fastest growing economy.

Metal & Energy16 May 2025
OPEC+ agrees another accelerated oil output hike for June
Metal & Energy05 May 2025
Russian oil drives OPEC share in India's imports to record low, data shows
Metal & Energy23 April 2025
OPEC slashes 2025 global demand growth forecast on Trump tariff-impact: Where is crude oil headed now?
 

Metal & Energy15 April 2025
OPEC output hikes and trade wars have US oil producers wary of 'drill baby drill'
US President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a double whammy of higher crude output from OPEC and on-again, off-again tariffs that have dented demand.

Metal & Energy12 April 2025
OPEC+ panel meeting seen making no policy changes after surprise output hike
A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told Reuters, after the group's surprise decision this week to raise output further helped send prices crashing to pandemic-level lows.

Metal & Energy07 April 2025
Is OPEC+ losing control on oil prices? A look at how Trump tariff changed equations
OPEC+ is losing its ability to control oil prices due to weak global demand and rising non-OPEC oil supplies. Now, after the change in administration in the US, the control of OPEC+ on oil prices seems to be at its lowest level, stated a report by Kotak Institutional Equities (KIE). “We cut our oil price assumption to $70/bbl for FY2026-27 and LT ($80/bbl earlier). Lower oil prices are negative for upstream,” it said. 

Metal & Energy28 March 2025

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