Organization of the Petroleum Exporting Countries (OPEC) News Monitoring

Oil outlook dims on tariff headwinds, potential OPEC+ supply boost

A demand outlook clouded by trade disputes between the U.S. and China coupled with OPEC+’s decision to unwind supplies will weigh on oil prices this year, a Reuters poll showed on Wednesday. A survey of 40 economists and analysts in April projected Brent …

Oil at 3wk lows on OPEC speculation, Iran sanctions

Oil prices remained stable near three-week lows in Asian trade on Thursday, pausing after a steep decline sparked by concerns over rising OPEC+ output and weak economic data from the United States. By 3:15 pm AEST (5:15 am GMT), Brent crude was flat at US$ …

Oil Holds April’s Slump as Saudis Signal Increased OPEC+ Supply

OPEC+ rocked the crude market in early April with a surprise decision to increase production more than expected from this month, feeding concerns about a global glut as non-member nations including Canada and Guyana also ramp up output. Meanwhile, hopes …

WTI Falls Below $60 as OPEC+ Considers Production Hike

Oil settled below $60 a barrel for the first time in three weeks as signs emerged that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher production. West Texas Intermediate fell as much as 4.2% on Wednesday after Reuters reported …

Kazakhstan's April oil output exceeds OPEC+ quota despite 3% fall

MOSCOW: Kazakhstan oil production was again above its OPEC+ quota this month, although it fell 3% from the March average, according to an industry source familiar with the statistics, and Reuters calculations. Kazakhstan, a top-10 oil producer, has …

Saudi Arabia signals it can live with lower oil prices, sources say

LONDON: Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices, five sources with knowledge of the talks said. This …

Oil poised for biggest monthly fall in 3 years

OIL prices extended declines yesterday and were set for their largest monthly drop in more than three years as the global trade war eroded the outlook for fuel demand, while fears of mounting supply also weighed. Brent crude futures fell by 83 cents, or 1. …

Crude reality: Predictions of cheap oil may spell doom for OPEC+ — and for the Russian budget

Oil demand growth is slowing. Why? Experts are consistently revising energy consumption forecasts downward. Even OPEC analysts — typically the most optimistic voices in the market — now expect more modest growth in demand than they did previously. In 2025, …

Oil prices fall to 2-week low on Opec+ output boost

NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President Donald Trump's tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by US$1.61 …

Oil Loses Ground on OPEC+ Plans, Trade Uncertainty

Oil Plunges On Report Saudis Bracing For Price War, Can "Live With Lower Oil Prices"

It had already been a miserable month for oil, which has suffered its worst monthly performance since 2021 and also is on pace for its month of April on record... and then it got even worse when shortly before noon ET, when Reuters reported, citing …

100,000 bpd goal: China's EPS expands Baghdad oilfield

2025-04-30T12:02:25+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Wednesday, Iraq’s Oil Ministry signed a revised development contract with China’s Zhongman Petroleum and Natural Gas Group (EPS) to expand operations at the East Baghdad …

OPEC Secgen Sees No Oil Demand Peak In Sight, Calls For Inclusive Energy Future (Exclusive Interview)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 30. OPEC does not see a peak in oil demand on the horizon, Haitham Al Ghais, OPEC Secretary General, said in an exclusive interview with Trend. “There are several reasons why. The first relates to …

UAE fuel prices: Here’s what motorists will be paying in May

Image credit: WAM The UAE has announced slightly higher fuel prices for the month of May, the price for Diesel has however been reduced for the month. The revised rates, effective from May 1, are as follows: Super 98 petrol will cost Dh2.58 per litre, down …

OPEC chief condoles Iran' oil min. over Bandar Abbas incident

Haitham Al-Ghais wrote in his message to Oil Minister Mohsen Paknejad,"It is with deep sorrow that I learned of the recent explosion in Bandar Abbas, which resulted in casualties, injuries, and significant damage." During this difficult time, on …

Oil market: OPEC daily basket price stood at $68,16 a barrel (28 April 2025)

Facebook Twitter LinkedIn WhatsApp The price of OPEC basket of twelve crudes stood at $68,16 a barrel on Monday, compared with $68,74 the previous Friday, according to OPEC Secretariat calculations.  Facebook Twitter LinkedIn WhatsApp Que se passe-t-il en …

Kazakhstan's Oil Output Surpasses OPEC+ Quota Amidst Internal Alliance Tensions

(MENAFN- The Arabian Post) Kazakhstan's oil production from April 1 to 28 reached 1.814 million barrels per day , exceeding its OPEC+ quota of 1.473 million bpd by over 340,000 bpd, despite a 3% decline from March's average. This overproduction …

Oil prices stable amid economic uncertainty, OPEC+ supply fears

Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, as well as the prospect of OPEC+ raising supply. Brent crude futures were down 15 …

Oil prices head for worst monthly drop since 2021

Oil prices extended losses for the third consecutive session during Asian deals on Wednesday, poised for their largest monthly fall since November 2021, as the ongoing global trade war and signs of weakening demand continued to weigh on sentiment. By 2:45 …

Value Sense Launches KPI & Segments Data Platform to Enhance Market Transparency for Investors

Value Sense Launches KPI & Segments Data: A Game-Changing Dataset for Smarter Stock Investing SHEUNG WAN, HONG KONG, CHINA, May 1, 2025 /⁨EINPresswire.com⁩/ -- Value Sense, a Hong Kong-based startup specializing in intrinsic value analysis, …

ESET to Showcase Award-Winning Cybersecurity Solutions at GISEC Global 2025

DUBAI , DUBAI, UNITED ARAB EMIRATES, May 1, 2025 /⁨EINPresswire.com⁩/ --  ESET, a global leader in cybersecurity, will participate in GISEC Global 2025, the Middle East’s premier cybersecurity event, taking place from May 6–8 at the Dubai World …

AmiViz and PhishRod Join Forces to Strengthen Human Risk Management Across the Middle East

DUBAI , DUBAI, UNITED ARAB EMIRATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- AmiViz, the leading cybersecurity-focused value-added distributor headquartered in the Middle East, announced a strategic distribution agreement with PhishRod, a global leader …

Welch & Co. Joins Forces with SingerLewak: Introducing Welch & Company, A Division of SingerLewak

Introducing Welch & Company, A Division of SingerLewak TORRANCE, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Welch & Co., a distinguished provider of financial services founded in 1992, is excited to announce a merger with SingerLewak …

The Prestigious French Cordon Bleu Honor and Awards Ceremony 2025: FRA Leads 24 Malaysian Elites to Win World Honors

At 2025 French Cordon Bleu Awards, the "Asian Gourmet God" shines, showcasing Malaysia's culinary heritage as FRA drives global spread of intangible food legacy MALAYSIA, KUALA LUMPUR, MALAYSIA, May 1, 2025 /⁨EINPresswire.com⁩/ -- The Award …

GECA Appoints Equitable Finance Visionary Scott McIntyre to Its Steering Committee

10-term CfPA Chair brings global policy expertise and systems-level economic vision to advance GECA's borderless investment mission. LONDON, UNITED KINGDOM, May 1, 2025 /⁨EINPresswire.com⁩/ -- The Global Equity Crowdfunding Association (GECA) …

AGII Deploys Intelligent Security Systems to Strengthen Decentralized Integrity

New AI-powered security framework enhances blockchain resilience and reinforces trust in Web3 systems SEATTLE, WA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- AGII, a pioneering force in the AI and Web3 space, today announced the deployment …

Agility Capital Holding Inc. 2024 Annual Report Filed

Agility Capital Holding Inc. ("Agility") (Euronext: AGIL) is pleased to announce that its 2024 AR and Audited Consolidated Financial Statements have been filed Agility Capital Holding (ENX:AGIL) TAMPA, FL, UNITED STATES, May 1, 2025 /⁨ …

Gyre9 Expands in Southbury, Connecticut and Enters Strategic Joint Venture with Soriano Motori to Advance EV Innovation

The State of CT welcomes SORIANO to discuss being the first OEM AMP in EVs for the USA NEW YORK, NY, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Gyre9 Expands in Southbury, Connecticut, and Enters Strategic Joint Venture with Soriano …

Martha Barrantes Offers Expert Insights into Optimizing Business Accounting Practices Across Latin America

Martha Barrantes shares expert strategies to optimize accounting practices and drive financial growth across Latin America. SAN JOSE, COSTA RICA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Martha Barrantes, a distinguished financial consultant with …

SABESP – COMUNICADO AO MERCADO - Arquivamento do Form 20F 2024

SÃO PAULO, BRAZIL, May 1, 2025 /⁨EINPresswire.com⁩/ -- A Companhia de Saneamento Básico do Estado de São Paulo - SABESP (B3: SBSP3; NYSE: SBS) (a "Companhia"), informa aos seus acionistas e ao mercado em geral que, arquivou hoje na Securities and …

SABESP – NOTICE TO THE MARKET - Filing of Form 20F 2024

SÃO PAULO, BRAZIL, May 1, 2025 /⁨EINPresswire.com⁩/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (B3: SBSP3; NYSE: SBS) (“Company” or “Sabesp”), hereby informs its shareholders and the market in general that it has filed, with …

Ron Gordon Watch Repair Announces Blog Post on TAG Heuer Formula 1 Solargraph: Where Solar Energy Meets Swiss Precision

The post explores and explains how the TAG Heuer Formula 1 Solargraph reimagines the original 1986 Formula 1 series. NEW YORK, NY, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- New York City’s top-rated TAG Heuer repair and service shop, …

Sarasota Orchestra Announces New Home to Expand Cultural Impact

Sarasota Orchestra secures a 32-acre site for a new Music Center, featuring a world-class concert hall, rehearsal spaces, and community gathering areas. SARASOTA, FL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Sarasota Orchestra proudly …

Nexys Unveils Intelligent Loan Origination Software Built for Modern Lending

Nexys introduces smart, efficient loan origination software designed to streamline workflows and modernize the lending experience. ALBUQUERQUE, NM, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Nexys, a rising force in fintech innovation, …

Empowering Change: Lata Gullapalli Discusses Strategy, Mentorship, and Social Impact in Exclusive Interview with Xraised

LONDON, ENGLAND, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- Lata Gullapalli, renowned Chair and Non-Executive Director, finance consultant, and advocate for mentorship and social change, shared her valuable insights on business strategy …

Xraised Interviews Nemika Menevse: Driving Innovation in BNPL and Championing Gender Equality in Business

LONDON, ENGLAND, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a powerful and thought-provoking episode, Xraised welcomes back Nemika Menevse, the dynamic CEO of Twisto, a leading Buy Now, Pay Later (BNPL) service, to discuss her …

Liminatus Pharma and Iris Acquisition Corp Announce Completion of Business Combination

Liminatus (NASDAQ:LIMN) LA PALMA, CA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Liminatus Pharma, LLC (“Liminatus” or the “Company”), a pre-clinical stage biopharmaceutical company developing novel, immune-modulating cancer therapies, …

Revolutionizing Business Funding 911 Money Now Offers Swift Financial Solutions

911 Money Now Announces Alternative Funding Solution for Businesses When Traditional Banks Decline NEW YORK, NY, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- 911 Money Now offers business funding with same-day approval for qualified …

Partner Real Estate Announces Stunning New Listing in West Covina by Todd Troendle and Rudy Lira Kusuma

WEST COVINA, CA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate is proud to present a beautifully updated, move-in-ready townhome now available at 3658 Ivory Lane, West Covina, CA 91792. Listed by Todd Troendle (DRE # …