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Caucasus OPEC News  •••  Topics

Caucasus OPEC Newswire

  • Published on 09:45 GMT

    The price of oil in 2025 will be enough to balance the budgets of most Gulf countries

    Oil prices next year are expected to exceed the threshold needed to balance the budgets of most Gulf Arab countries, according to a recent report by Fitch, which also forecasts a fall in crude oil prices due to moderate demand growth and large global …

    Source: Atalayar - Neutral
  • Published on 08:50 GMT

    Oil prices edge up amid lower demand predictions and higher U.S. inventories

    (MENAFN) Oil prices were shifted a bit in Asian trade on Thursday as predicts of lower demand and a higher-than-predicted increase in U.S. gasoline and Gains from a new round of EU sanctions that threatened Russian oil flows were offset by distillate …

    Source: MENAFN - Uncategorized
  • Published on 07:25 GMT

    Oil prices up 2%, settles at three week high

    Doha, Qatar: Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the US could boost fuel demand. Brent futures …

    Source: The Peninsula - Gov't Propaganda
  • Published on Dec 14, 2024

    Shettima commissions Nigeria’s Oriental Energy’s $315m oil facility in Dubai 

    Vice President Kashim Shettima, on Saturday, commissioned a $315m Floating Production, Storage and Offloading (FPSO) built in Dubai by privately-held Nigeria-owned oil company, Oriental Energy Resources Limited. According to a statement by the VP’s …

    Source: Nairametrics - Neutral
  • Published on Dec 14, 2024

    Oil up 2%, settles at 3-week high

    Ammon News - Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the U.S. could boost fuel demand. Brent …

    Source: Ammon News - Uncategorized
  • Published on Dec 14, 2024

    Oil Prices Forecasted to Enter Boom Cycle by 2035 Amid Rising Global Demand

    The global oil market is on the brink of a significant upsurge in prices, anticipated to commence by the middle of the next decade due to sustained demand growth in markets like China, reports consultants Rapidan Energy Group. The advisory firm predicts …

    Source: Global Trade - Texas - Neutral
  • Published on Dec 14, 2024

    Crude Oil Boost: Igbo Youths Hail NNPCL’s Mele Kyari, PINL For 1.486BPD Oil Production On Nov. 2024

    A pan Igbo youth group, Ndigbo Progressive Youth Coalition (NPYC), has lauded what they described as a deliberate plan by the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL) Mr Mele Kolo Kyari in boosting the fortunes …

    Source: Independent - Label Pending
  • Published on Dec 14, 2024

    Five Takeaways From The Historic Russian-Indian Oil Deal

    Reuters reported that Russia agreed to supply India with nearly half a million barrels of discounted oil a day for 10 years in a deal that’s worth $13 billion a year at today’s prices and amounts to 0.5% of global supply. It follows Defense Minister Singh’ …

    Source: Gulf Insider - Neutral
  • Published on Dec 14, 2024

    Jordan flags lack of measures by Gov’t to cushion economy from low oil prices expected next year

    Dec 14, 2024 News Kaieteur News- Former Minister of Finance, Winston Jordan has flagged the lack of measures by government to cushion the economy from the drop in oil prices predicted for next year. During a recent programme, Jordan argued that the Natural …

    Source: Kaieteur News - Uncategorized
  • Published on Dec 14, 2024

    3 Undervalued Oil Stocks to Close out 2024 With Momentum

    Globally, the oil and gas industry is holding strong, distributing nearly $213 billion in dividends and $136 billion in buybacks between January 2024 and mid-November 2024. Therefore, fundamentally strong oil stocks, Obsidian Energy Ltd. (OBE), Weatherford …

    Source: StockNews - Illinois - Neutral
  • Published on Dec 14, 2024

    Oil prices drop amid supply concerns, demand expectations provide support

    (MENAFN) Oil prices dropped on Friday, driven by growing concerns about a potential supply surplus in 2025. However, expectations of increased demand from the world's largest oil consumers, the US and China, helped limit the losses. The international …

    Source: MENAFN - Uncategorized
  • Published on Dec 14, 2024

    Nigeria’s crude oil production rises to 1.7mbpd

    The country’s crude oil production continue on it’s  recovering path hitting its highest level for 2024 in November with a total of 1.7 million barrels per day (bpd) of crude oil and condensate output, the current data from the upstream regulator showed. …

    Source: Blueprint Newspapers Limited - Label Pending
  • Published on Dec 13, 2024

    Oil Bears May Rule In 2025 With Hedged Shale Drillers, Oversupplied Market

    Tugboats push the crude oil tanker Habrut to a reception terminal operated by Sinopec Group on ... [+] January 30, 2023 in Zhoushan, Zhejiang Province, China.VCG via Getty Images Many in the oil market are predicting a supply glut for the first half of …

    Source: Forbes - Neutral
  • Published on Dec 14, 2024

    Oil Rises, Set for First Weekly Gain in 3 Weeks

    Fri 13 Dec 2024 | 11:18 PM Oil pumping cranes in an oil field in Russia - Source: Bloomberg Oil prices rose slightly on Friday, heading for their first weekly gain since late November, as supply concerns deepened due to additional sanctions on Iran and …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on Dec 13, 2024

    Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran

    Oil prices climbed about 2 per cent on Friday (Dec 13) to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the US could boost fuel demand. Brent …

    Source: The Business Times Singapore - Neutral
  • Published on Dec 13, 2024

    Trump 2.0: Oil Market Implications for the Gulf States

    When President-elect Donald J. Trump comes back to the White House, the Gulf Arab states should expect alignment and opportunities on energy issues but some friction as well. Energy may not be at the top of the U.S.-Gulf agenda, but as Trump seeks to …

    Source: Arab Gulf States Institute in Washington - Neutral
  • Published on Dec 13, 2024

    What To Expect From Oil Markets In 2025

    Why are oil markets ignoring geopolitics? OPEC's supply vs. demand problem. Why calls of peak demand for oil may have been premature. narvikk OPEC+ says it’s delaying plans to increase production by three months as an abundance of supply and soft …

    Source: Seeking Alpha - Label Pending
  • Published on Dec 13, 2024

    Braid: Facing Trump with federal export tax on oil and natural gas is the worst possible idea

    Breadcrumb Trail Links News Local News National Opinion Columnists Author of the article: Don Braid  •  Calgary Herald Published Dec 13, 2024  •  Last updated 25 minutes ago  •  3 minute read U.S. president-Eeect Donald Trump talks with Canada's Prime …

    Source: Windsor Star - Neutral
  • Published on Dec 13, 2024

    Oil Futures Gain on Limited Supply Outlook

    With the hike in oil futures prices Friday, the market seems to have discounted the outlook for slow global demand in 2025 as forecasted by OPEC and the International Energy Agency in two separate reports this week. Meanwhile, attention next week will be …

    Source: Progressive Farmer - Neutral

17 days 22:56:34

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