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A service for international trade professionals · Thursday, May 1, 2025 · 808,473,130 Articles · 3+ Million Readers
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Organization of the Petroleum Exporting Countries (OPEC) News Monitoring

  • Published on Apr 24, 2025

    OPEC+ discord hits ANS - 04/27/2025

    Cartel considering adding additional supply boost beginning in June Steve Sutherlin Petroleum News Alaska North Slope crude plunged $1.66 April 23 to close at $68.51 per barrel, while West Texas intermediate plummeted $2.04 to close at $62.27 and Brent …

    Source: Petroleum News - Alaska - Indeterminate
  • Published on Apr 26, 2025

    Crude oil logs weekly decline on OPEC+ supply, US-China trade talks

    Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. Brent crude futures settled 32 cents higher at $66.87 a barrel, taking …

    Source: Mint - Neutral
  • Published on Apr 29, 2025

    Brent crude oil prices drop on demand fears

    [HOUSTON] Brent crude oil prices fell more than US$1 a barrel on Monday morning as economic worries from the US-China trade war were pressuring demand. Brent crude futures settled at US$65.86 a barrel, down US$1.01, or 1.51 per cent. US West Texas …

    Source: The Business Times Singapore - Neutral
  • Published on Apr 29, 2025

    NNPCL under fire as $897m Warri refinery revamp flops

    Warri refinery shutdown drags on since January 25, P/Harcourt refinery struggles at under 40% production capacity Industry operators and experts have questioned the operational integrity of the Nigerian National Petroleum Company Limited, particularly …

    Source: Punch - Indeterminate
  • Published on Apr 29, 2025

    Oil falls as economic jitters dampen demand outlook

    (Reuters) - Crude oil prices fell in early Asian trading on Tuesday as investors lowered their demand growth expectations due to the ongoing trade war between the United States and China, the world's two biggest economies. Brent crude futures fell by …

    Source: Yahoo Finance - Pending
  • Published on Apr 24, 2025

    Oil Prices Increase Ahead Of Anticipated OPEC+ Output Hike

    Oil prices saw a modest uptick in the global commodity market on Thursday as the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) prepared to ramp up crude supply starting in May. According to Reuters sources, several member states …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Apr 26, 2025

    Barbados to benefit from IDB and OPEC development fund

    Barbados is among countries expected to benefit from a new collaborative framework between the Inter-American Development Bank and the OPEC Fund for International Development which will enable the institutions to explore joint co-financing opportunities in …

    Source: Radio Jamaica - Neutral
  • Published on Apr 28, 2025

    Middle East Benchmarks fall; Dubai hits 7-week low

    Middle East crude benchmarks fell on Monday, with spot premium of Dubai sliding to the lowest in over seven weeks amid expectations of OPEC+ raising supply. Sell-offs in Dubai prices started late last week, amid signs suggesting another possible output …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 28, 2025

    Crude oil prices drop on demand fears

    HOUSTON: Crude oil prices fell more than $1 a barrel on Monday morning as demand fears arising from the trade war between the United States and China were pressing down demand at the pump. Brent crude futures were down $1.09, or 1.63%, at $65.78 a barrel, …

    Source: Business Recorder - Neutral
  • Published on Apr 28, 2025

    Haj funds for 67,000 Pakistani pilgrims sent to wrong Saudi account

    A total of 67,000 Pakistani pilgrims are at risk of losing their opportunity to perform this year’s Haj pilgrimage after the government allegedly transferred millions of dollars in payments to the wrong Saudi account. According to the Haj Organizers …

    Source: The Siasat Daily - Indeterminate
  • Published on Apr 28, 2025

    Oil Prices Edge Higher Despite Global Pessimism

    Oil prices rose slightly in early trading on Monday but remained pressured by uncertainty surrounding U.S.-China trade talks, which continue to cast a shadow over global growth prospects and fuel demand. Additionally, the potential for increased supply …

    Source: Jordan News - Indeterminate
  • Published on Apr 28, 2025

    Trump's desire for cheap crude puts Big Oil's plans to test

    (Bloomberg) — Big Oil has a powerful ally in the White House, but the first quarter of Donald Trump’s presidency was a real test for companies’ plans. The rest of the year could be even tougher. Most Read from Bloomberg The US leader’s desire for lower …

    Source: Yahoo Finance - Pending
  • Published on Apr 28, 2025

    Pakistan rupee posts marginal decline against US dollar

    Rupee's Performance Against US Dollar Since 04 March 2025 The Pakistani rupee posted marginal decline against the US dollar, depreciating by 0.03% during trading in the inter-bank market on Monday. At close, the local currency settled at 281.07, down …

    Source: Business Recorder - Neutral
  • Published on Apr 28, 2025

    Oil edges up despite murky economic outlook

    Ammon News - Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the U.S. and China clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom. …

    Source: Ammon News - Indeterminate
  • Published on Apr 24, 2025

    Trade Tensions and Tariffs: IEA, EIA, and OPEC Slash Global Oil Demand Forecasts

    The International Energy Agency and the U.S. Energy Information Administration cut sharply their estimates for oil demand growth in 2025 amid the escalating trade dispute between the United States and China. OPEC was more bullish though it too trimmed its …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Apr 28, 2025

    Oil prices increase in world markets

    Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the U.S. and China clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom. Brent crude …

    Source: APA - Pending
  • Published on Apr 28, 2025

    April 29: Fuel prices to climb again, up to P1.35 per liter

    MANILA, Philippines — Fuel prices are set to rise again by as much as P1.35 per liter starting Tuesday, April 29, marking a second straight week of hikes and nearly undoing Holy Week’s big-time rollbacks. Just like last week, oil firms will increase …

    Source: Philippine Star - Pending
  • Published on Apr 26, 2025

    Oil Suffers Weekly Loss As Beijing Denies Trump's Claim Of Trade Negotiations

    Still, metrics paint a far more favourable picture of market health: File Image/Pixabay The analytical hand wringing that began with the imposition of U.S. president Donald Trump's multi-country tariffs continued unabated on Friday, although the …

    Source: Ship & Bunker - Neutral
  • Published on Apr 26, 2025

    Roundup: Oil prices / CenterPoint / Trading restaurant reservations

    Too low to ‘drill baby drill’: U.S. benchmark crude oil prices are hovering below the level oil executives say they need to drill new wells at a profit, spurring concerns that the country’s output could stagnate or even stall. Many place blame for the …

    Source: Greater Baton Rouge Business Report - Louisiana - Neutral

04 days 15:13:49

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