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A service for global professionals · Friday, May 23, 2025 · 815,484,585 Articles · 3+ Million Readers
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Oman OPEC Newswire

  • Published on 04:56 GMT

    Middle East Crude-Benchmarks fall on potential further OPEC+ supply boost

    Middle East crude benchmark spot premiums of Oman, Dubai and Murban fell on Thursday after a report that OPEC+ is discussing a production increase for July. The Organization of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, …

    Source: Hellenic Shipping News - Neutral
  • 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

    Japanese refiners see OPEC+ output hike impeding crude import diversification efforts

    Japan may struggle to achieve the goal of reducing its overdependence on Middle Eastern crude, as OPEC+’s recent stance to increase output makes Persian Gulf barrels more economical than US or other arbitrage cargoes. In recent years, the Japanese refining …

    Source: Hellenic Shipping News - Neutral
  • 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 21, 2025

    Oil prices fall on news that US-Iran will hold nuclear talks

    By Stephanie Kelly Oil prices fall on news that US-Iran will hold nuclear talks NEW YORK -Oil prices settled lower on Wednesday, after Oman's foreign minister said a fresh round of nuclear talks between Iran and the U.S. would take place later this …

    Source: Hindustan Times - Indeterminate
  • Published on May 20, 2025

    Oil Prices Remain Rangebound as Geopolitical Catalysts Loom

    While oil markets have calmed somewhat at the start of this week after a period of intense volatility, developments in either Ukraine or Iran might soon spark another significant move. Rome will host the fifth round of US-Iran talks this upcoming weekend, …

    Source: Oil Price - Neutral
  • Published on May 19, 2025

    OPEC+ Did Not Lift Production to Kill the Oil Price, SEB Says

    OPEC+ did not lift production by 400,000 barrels per day in May and June to kill the oil price and to go full throttle on an oil price war. That’s what Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil …

    Source: Rigzone - Neutral
  • Published on May 19, 2025

    Investcorp to Invest in $500 million Expansion of Oman’s Port of Duqm

    By Federico Maccioni DUBAI, May 19 (Reuters) – Investcorp has entered an agreement to invest in the $550 million expansion of the Port of Duqm in Oman, the Middle East’s biggest alternative investment firm said on Monday, as it deepens investments in …

    Source: gCaptain - Neutral
  • Published on 11:27 GMT

    AP News Summary at 7:11 a.m. EDT

    Ukrainian official says major prisoner swap with Russia is underway CHERNIHIV REGION, Ukraine (AP) — A senior Ukrainian officials says an exchange of prisoners between Russia and Ukraine from their more than three-year war is underway. The official said …

    Source: The Call & Times - Rhode Island - Neutral
  • Published on May 22, 2025

    It’s Big And Beautiful - The Energy Report

    Thursday, May 22, 2025 12:28 PM EDT Image Source: Unsplash It’s big and it’s beautiful. President Trump’s big, beautiful budget bill passed the house floor and set up a vote on a reconciliation bill. This means it’s likely that the bill is going to get out …

    Source: myMotherLode - Pending
  • Published on May 22, 2025

    Mideast Stocks: Saudi Arabia settles lower, worst weekly performance in over a month

    Saudi Arabia's main stock index closed lower on Thursday, clocking its worst weekly performance in over a month, after official reports showed that crude oil exports in March declined. The kingdom's stock index shed 1.02% on Thursday, …

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

    Middle East Crude-Benchmarks rise to one-week high amid supply fears

    Middle East crude benchmarks Oman, Dubai and Murban rose for a second session to one-week highs on Wednesday with fears of a supply disruption after reports that Israel could be preparing to strike Iranian nuclear facilities. Taiwan’s CPC issued a tender …

    Source: Hellenic Shipping News - Neutral
  • Published on May 20, 2025

    GCC states to lead growth in Mena region, says IMF

    The Gulf Cooperation Council (GCC) countries will outpace the wider Middle East and North Africa (Mena) regional growth this year and next, the International Monetary Fund (IMF) said on Thursday. It said the direct impact of the global tariff war will be “ …

    Source: Khaleej Times - Gov't Propaganda
  • Published on May 20, 2025

    Middle East Crude-Benchmarks around two-week lows amid rising supply

    Middle East crude benchmark spot premiums Oman, Murban and Dubai nudged down on Monday after a weekly decline and are now at their lowest in about two weeks under OPEC+ output hike. Oil slipped on Monday, weighed by Moody’s downgrade of the U.S. sovereign …

    Source: Hellenic Shipping News - Neutral
  • Published on May 19, 2025

    Mideast Stocks: Gulf bourses end mixed as investors await new impetus

    Stock markets in the Gulf ended mixed on Sunday, with investors seeking new catalysts as optimism over the U.S.-China trade agreement started to fade. Saudi Arabia's benchmark index fell 0.4%, hit by a 0.9% fall in Al Rajhi Bank and a 1% decrease in …

    Source: Zawya - Indeterminate
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