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A service for global professionals · Friday, May 23, 2025 · 815,493,486 Articles · 3+ Million Readers
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Iran OPEC Newswire

  • Published on 13:46 GMT

    Oil slides on Trump tariff threats and OPEC+ supply expectations

    Oil prices dropped by 1 per cent on Friday and were set for their first weekly decline in three weeks as US President Donald Trump recommended a 50 per cent tariff on the European Union and expectations rose that OPEC+ will increase crude output further in …

    Source: Cyprus Mail - Indeterminate
  • Published on 15:24 GMT

    Crude oil markets to tighten this summer?

    Driven by rising seasonal demand and geopolitical uncertainty, global oil markets could see tighter balances this summer, despite a projected surplus of supply in 2025, according to Rystad Energy This year, global liquids demand is expected to grow …

    Source: Oil Review Middle East - Neutral
  • Published on 08:05 GMT

    Oil prices falls as OPEC+ considers output hike before US-Iran talks

    By Tina Teng Published on 23/05/2025 - 8:14 GMT+2 Crude oil prices fell for a third consecutive trading day on Thursday ahead of the US-Iran nuclear talks. Traders are growing concerned about the possible return of oil supply from Iran, which holds …

    Source: Euronews - Neutral
  • Published on 08:51 GMT

    Oil prices drop for the first time since April due to OPEC+ production increase prospects

    The oil price dropped for a 4th consecutive session on the Friday, and was set to experience their first weekly drop in three weeks. This was due to renewed pressure from supply, resulting from a possible OPEC+ production increase in July. Brent futures …

    Source: World Energy News - Connecticut - Pending
  • Published on 09:50 GMT

    Asian Buyers Increase Purchases of Murban Oil

    A substantial drop in the spot market price for Emirati crude has triggered a demand surge from Asia, Reuters reported today, citing data for a record trade of 10 million barrels of Murban crude on an S&P Global Platts market-of-close basis this month. …

    Source: Oil Price - Neutral
  • Published on 12:31 GMT

    Oil Futures Slump on US-EU Trade War Escalation

    Karim Bastati DTN Analyst VIENNA (DTN) -- Oil futures plunged Friday morning after U.S. President Trump lamented the lack of progress in trade talks with EU representatives and suggested a 50% tariff on imports from the European Union. The comments added …

    Source: Progressive Farmer - Neutral
  • Published on 06:39 GMT

    Oil on track for first weekly loss since April

    Singapore — Oil prices dropped for a fourth consecutive session on Friday and were set for their first weekly decline in three weeks, weighed down by renewed supply pressure from another possible Opec+ output hike in July. Brent futures fell 31c, or 0.5%, …

    Source: Business Day - Neutral
  • Published on 06:07 GMT

    The price of a barrel of oil continues to fall

    A combination of geopolitical and economic factors has recently contributed to the drop in oil prices worldwide, generating a temporary relief in the cost of gasoline in Puerto Rico, said specialists consulted by EL VOCERO. According to the president of …

    Source: The Weekly Journal - Indeterminate
  • Published on 05:52 GMT

    Global crude oil prices to trade with a downward bias in 2025 in range of $60 to $70 per barrel: ICICI Bank

    Report states that several global factors could impact the price movements, including oil production by OPEC, economic stimulus measures from China, and geopolitical developments, especially concerning Iran Global crude oil prices are likely to trade with …

    Source: The Hindu Business Line - Neutral
  • Published on 04:29 GMT

    Crude Oil Prices Decline Amid Unexpected US Invent

    An unexpected increase in U.S. crude oil stocks contributed to pushing down oil prices in early morning trade on Thursday. For the week ending May 16, “U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by …

    Source: NTD - Right-wing
  • Published on 01:12 GMT

    Oil Rises on Strong US Data, US-Iran Nuclear Talk Pessimism

    (Bloomberg) -- Oil rose on waning conviction that the US and Iran can reach a nuclear deal while strong US data buoyed a shaky demand picture. Most Read from Bloomberg West Texas Intermediate rose by 1% to trade near $61 a barrel as the two nations kick …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    Oil Prices Slide on US-Iran Deal Hopes and OPEC+ Production Gains

    Oil prices fell over 1% in early Thursday trading as markets reacted to two significant developments: continued US-Iran nuclear negotiations that could potentially ease sanctions and lift Iranian oil exports, and reports that OPEC+ is considering …

    Source: Investing - Neutral
  • Published on May 22, 2025

    Higher output to pressure crude oil prices

    The US and China reached an interim deal on tariffs, drastically reducing their reciprocal rates, the US also agreed on a deal with the UK, while potential ceasefire talks on the Ukraine-Russia front are getting closer. These give hope that the world is …

    Source: Financial Mirror - Neutral
  • Published on May 22, 2025

    Oil Prices Dip On Report Of Another Potential OPEC+ Supply Boost 

    OPEC+ is considering a third straight monthly output hike, departing from the norm of stabilizing oil markets. According to Bloomberg, the group of 12 major oil-exporting nations, including Saudi Arabia, UAE, and others, is considering a July increase of …

    Source: Zero Hedge - Right-wing
  • Published on May 22, 2025

    Memorial Day Weekend: Cheaper Gas Prices Could Lead to Record Travel Numbers

    Americans are gearing up for record Memorial Day travel, with AAA projecting that more than 40 million people will journey at least 50 miles from home over the holiday weekend, which stretches from May 22 to May 26. GasBuddy forecasts that the national …

    Source: Newsweek - Left-wing
  • Published on May 22, 2025

    OPEC+ Considers Another Big Oil Production Hike in July

    The OPEC+ alliance is discussing the idea to make another big production increase in oil production for July, delegates from the group told Bloomberg News on Thursday.  OPEC+ has already announced two consecutive production increases for May and June, each …

    Source: Oil Price - Neutral
  • Published on May 22, 2025

    WTI Oil Futures Slide on OPEC Supply Outlook

    WTI Crude oil pulls below 64.00 on supply increase prospects Technical risk tilted to the downside; support at 60.50 tested WTI crude oil futures were rejected near the 64.00 psychological level on Wednesday and moved lower, as reports of a significant …

    Source: Investing - Neutral
  • Published on May 22, 2025

    By land and sea, rising oil stocks are bad news for prices: Bousso

    (The opinions expressed here are those of the author, a columnist for Reuters.) LONDON - Inventories of oil stored on land and at sea have risen sharply in recent weeks, an early warning sign of deteriorating market conditions that could put oil prices …

    Source: Zawya - Indeterminate
  • Published on May 22, 2025

    Gold, gas and god complexes: Trump’s trillion-dollar desert hustle — Che Ran

    MAY 22 — It wasn’t a peace mission. It wasn’t diplomacy. It wasn’t even subtle. Trump’s recent tour through the sand-slicked palaces of Riyadh, Doha, and Abu Dhabi looked more like a Vegas residency meets a Davos roadshow. Three of the world’s richest …

    Source: Malay Mail - Neutral

03 days 11:01:17

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