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A service for global professionals · Saturday, July 5, 2025 · 828,657,357 Articles · 3+ Million Readers
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OPEC & Oil Prices News Monitoring

  • Published on 09:47 GMT

    Oil Prices Fall as OPEC+ Considers Supply Hike Amid Trade Tensions

    WTI dips below $67/barrel ahead of critical output decision Oil prices declined for a second consecutive session Friday, with West Texas Intermediate (WTI) crude falling below $67 per barrel amid expectations of increased OPEC+ supply and renewed …

    Source: News Ghana - Indeterminate
  • Published on 08:45 GMT

    Crude Oil Prices May Rebound As Supply Stabilises, Geopolitical Tensions Ease

    (MENAFN- IANS) New Delhi, July 5 (IANS) Crude oil prices may see a recovery in the near term as positive signals emerge from the supply side and geopolitical tensions show signs of easing, experts said on Saturday. While demand concerns continue to weigh …

    Source: MENAFN - Indeterminate
  • Published on 13:35 GMT

    OPEC+ members agree to larger-than-expected oil production hike in August

    The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase …

    Source: CNBC - Neutral
  • Published on Jul 4, 2025

    Oil Prices Lower on Report US-Iran Nuclear Talks Will Restart

    Oil barrels stacked on each other by Kalulu via iStock August WTI crude oil (CLQ25) today are down -0.69 (-1.02%), and August RBOB gasoline (RBQ25) is down -0.0146 (-0.69%). Oil prices are trading lower after Axios reported that the US plans to restart …

    Source: Yahoo Finance - Center-left
  • Published on 11:48 GMT

    OPEC+ set to approve larger-than-expected oil supply increase

    OPEC+ plans a major production boost as Saudi Arabia pushes to restore halted supply, aiming to meet summer demand while risking a deeper global oil glut. OPEC+ is preparing to approve a larger-than-expected increase in oil production next month, signaling …

    Source: Al Mayadeen - Left-wing
  • Published on 12:14 GMT

    Opec+ agrees bigger-than-expected oil output increase in August

    Opec+ has agreed to a larger-than-anticipated increase in its monthly oil output, by 548,000 barrels per day, for August. The decision comes despite demand concerns stemming from America's push for tariffs and the slowing global economy. The decision …

    Source: The National News - Pro-Government
  • Published on 11:53 GMT

    OPEC+ Will Boost Supply Even Faster With Larger August Hike

    (Bloomberg) -- OPEC+ will increase production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalize on strong summer demand in its move to reclaim market share. Most Read from Bloomberg Eight key alliance members …

    Source: Yahoo Finance - Center-left
  • Published on 11:34 GMT

    Crude ouput: OPEC+ opens oil tap wider before planned August hike, raising fears of price fall

    OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes …

    Source: The Economic Times - Center-right
  • Published on 08:10 GMT

    OPEC+ Will Significantly Increase Oil Production

    Reasons given. OPEC+ countries may increase oil production by 500 thousand barrels daily as early as in August. This could bring down prices on the market. According to Bloomberg. The OPEC+ member countries are considering further accelerating the recovery …

    Source: Charter 97 - Center-left
  • Published on 11:02 GMT

    OPEC+ to Increase Oil Production to 548,000 bpd in August

    Saudi Arabia, Russia, and six other prominent members of the OPEC+ alliance announced plans on Saturday to increase oil production in August by 548,000 barrels per day. Analysts had anticipated that the alliance would opt for a production increase of 411, …

    Source: News Central TV - Indeterminate
  • Published on 09:48 GMT

    OPEC Agrees in Principle to Larger Than Expected Increase

    (Bloomberg) -- OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share. Eight key alliance members are expected to approve a larger-than-expected …

    Source: Mint - Neutral
  • Published on 07:00 GMT

    OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

    By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and …

    Source: Yahoo Finance - Center-left
  • Published on 12:37 GMT

    Opec+ steps up oil output increases

    Group will lift production by 548,000 bpd in August, 33% more than expected PUBLISHED : 5 Jul 2025 at 18:53 LONDON - Opec+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first …

    Source: Bangkok Post - Center-right
  • Published on 12:02 GMT

    OPEC+ to hike petrol output to 548,000 bpd in August

    TDT | Manama Email: mail@newsofbahrain.com Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August to 548,000 barrels per day. Analysts had expected the alliance to decide on …

    Source: The Daily Tribune - News Of Bahrain - Pro-Government
  • Published on Jul 4, 2025

    I’d Buy This 6.8% Energy Stock Before Oil Prices Spike Again

    Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada When oil prices swing, energy stocks usually aren’t far behind. And with tensions around global supply, Organization of Petroleum Exporting Companies’ (OPEC+) production cuts, and …

    Source: Yahoo Sports - Canada - Pending
  • Published on Jul 4, 2025

    Another round of oil price rollback seen next week by as much as P1/l

    The Department of Energy (DOE) on Friday confirmed a potential oil price rollback of more than P1 per liter next week, attributing it to a softening of world oil prices. Rino Abad, director of the DOE’s Oil Industry Management Bureau, said that based on …

    Source: Manila Standard - Pro-Government
  • Published on 02:58 GMT

    Eight OPEC+ Alliance Members Move Toward Output Hike At Meeting

    Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider OPEC+ group -- comprising the 12-nation Organization of the …

    Source: International Business Times - Center-left
  • Published on Jul 4, 2025

    Oil Prices Tick Higher as Markets Balance Geopolitics and Demand

    Oil prices made a modest recovery as June closed and July began, giving investors something to watch after weeks of sharp ups and downs. West Texas Intermediate (WTI) crude rose by $1.68, or about 2.5%, to end at $67.20 per barrel, reflecting a market that …

    Source: Oil Price - Neutral
  • Published on Jul 4, 2025

    Oil Prices Dip on Expectations of Another OPEC+ Production Hike

    On a relatively quiet trading day for oil markets, as the U.S. celebrates Independence Day, oil prices have been dragged lower on expectations of further output hikes from OPEC+. Friday, July 4th, 2025  Trading activity was thin towards the end of this …

    Source: Oil Price - Neutral

02 days 13:02:33

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  • Published on July 2, 2025 - 10:37 GMT

    Oil Prices Drop After Israel-Iran Ceasefire

    (MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

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