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A service for global professionals · Thursday, April 10, 2025 · 802,100,465 Articles · 3+ Million Readers
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Central Asia OPEC Newswire

  • Published on 16:13 GMT

    Overproducing Kazakhstan Discusses Oil Output Cuts With Firms

    Kazakhstan, which has been pumping oil above its OPEC+ quota, is in negotiations with the companies operating in the country on potentially trimming output to fall in line with the OPEC+ agreements, Kazakhstan’s energy ministry told Russian news agency …

    Source: Oil Price - Neutral
  • Published on 18:23 GMT

    Russia and Kazakhstan consider increase oil and gas transit through republic

    MOSCOW, April 10. /TASS/. Russia and Kazakhstan are considering the possibility of increasing oil and gas transit through the republic and providing Russian gas to the north and northeast of the country, according to a statement by the Russian …

    Source: TASS - Gov't Propaganda
  • Published on 04:21 GMT

    Standard Chartered: Time To Dial Down the Oil Panic?

    Oil prices earned an unexpected reprieve on Wednesday afternoon, regaining over 3% immediately following U.S. President Donald Trump's surprise decision to pause reciprocal tariffs for 90 days for all except China. After flirting with prices below $60, …

    Source: Oil Price - Neutral
  • Published on 03:01 GMT

    Trump tariff war sends crude, shares of offshore oil companies tumbling

    President Trump’s escalating global tariff war has sent the price of Brent crude oil futures to their lowest levels in four years and shares of publicly traded offshore oil and gas companies tumbling. According to ICE data, Brent crude oil futures for June …

    Source: Riviera - Neutral
  • Published on 01:15 GMT

    Caspian Pipeline Consortium operating at two of three Black Sea oil loading points

    The Caspian Pipeline Consortium is operating at two of the three moorings at its Black Sea export terminal after a Russian court lifted restrictions on its infrastructure, it said on Wednesday, easing worries about a drop in Kazakh oil output and exports. …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 9, 2025

    OPEC Struggles to Rein In Biggest Cheat Despite Saudi Arabia’s Scolding

    (Bloomberg) -- Saudi Arabia’s oil supply shock has set up a standoff with OPEC members who keep busting their quotas, but the biggest of the offenders has yet to flinch.  Kazakhstan — whose persistent flouting of production limits triggered Riyadh’s ire — …

    Source: Mint - Neutral
  • Published on 08:48 GMT

    Tokayev Directs Government to Finalize Action Plan Amid Tariff Conflicts

    ASTANA – President Kassym-Jomart Tokayev held a meeting on April 9 with Prime Minister Olzhas Bektenov, National Bank Governor Timur Suleimenov, and other officials on the economic situation regarding the collapse of global prices for energy resources and …

    Source: The Astana Times - Gov't Propaganda
  • Published on Apr 9, 2025

    Falling Oil Prices, Trump Tariffs Drive Tenge Volatility 

    ASTANA – Declining oil prices and the U.S. administration’s tariff decisions are key factors behind the recent drop in the tenge exchange rate, according to experts. Collage is created by The Astana Times/ Fatima Kemelova. After U.S. President Donald …

    Source: The Astana Times - Gov't Propaganda
  • Published on Apr 9, 2025

    Saudi will not waste a Trump-fuelled oil crisis

    Ron Bousso President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn to its advantage even if its window for navigating a price war is narrow. Tensions in the world’s largest commodity …

    Source: The Hindu - Center-left
  • Published on Apr 9, 2025

    IMF: Iraq among top OPEC states needing high oil price

    2025-04-09T09:16:54+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq will require an average oil price of more than $92 per barrel to balance its national budget in 2025, the International Monetary Fund (IMF) said on Wednesday. According to an …

    Source: Shafaq News - Uncategorized
  • Published on 12:57 GMT

    Trump didn't impose tariffs on Russia but they might be wrecking its economy regardless

    U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the Kremlin's ability to fund its ongoing war …

    Source: The Kyiv Independent - Neutral
  • Published on Apr 8, 2025

    U.S. crude oil closes below $60 per barrel as selloff continues on fears of full-blown trade war

    A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.  Pavel Mikheyev | Reuters U.S. crude oil closed below $60 per barrel on Tuesday, the lowest level in four years as traders …

    Source: CNBC - Neutral
  • Published on Apr 8, 2025

    Don’t Expect A Complete Oil Price Recovery

    Is the current oil price weakness the beginning of a new price war, and/or heralding a new, lower price level? To summarize, the reasons for past price crashes: 1986, oil price too high; 1998, quota cheating rampant; 2014, shale production soaring; …

    Source: Forbes - Neutral
  • Published on 10:35 GMT

    The critical importance of decarbonising the upstream

    In 1859, the modern oil industry was born with the discovery of the first reservoir of viable petroleum in the US – and the world has never been the same since. Oil, with its abundance and multi-faceted uses, has become the primary energy source for …

    Source: Offshore Technology - Neutral
  • Published on Apr 8, 2025

    Oil prices crash to $66/b weekend on Trump’s ‘tariffication’, rise in global supply

    The increase in oil supply and U.S. President Donald Trump’s global trade ‘tariffication’ were largely bearish for the commodities, and this dragged energy costs downward. Brent plunged 6.5 per cent to settle at $65.6 per barrel on Friday, marking the …

    Source: Blueprint Newspapers Limited - Label Pending
  • Published on Apr 8, 2025

    Where Next for Oil Prices?

    Where next for oil prices? That’s the question Stratas Advisors looked at in a Stratas report sent to Rigzone by the Stratas team on Monday. In the report, the company highlighted that, before “recent events” it was forecasting that, during the second and …

    Source: Rigzone - Neutral
  • Published on Apr 8, 2025

    Mideast stock markets tumble: U.S. tariffs and low oil prices squeeze energy-producing nations

    A stock broker checks indexes and benchmark 100 index at the Pakistan Stock Exchange (PSE), in Karachi, Pakistan, Monday, April 7, 2025. (AP Photo/Fareed Khan) DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they …

    Source: The Marietta Times - Ohio - Label Pending
  • Published on Apr 7, 2025

    Oil drops further as fears of global recession rise

    Stay informed with free updates Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Oil prices dropped further on Monday as US President Donald Trump signalled he would push ahead with sweeping global tariffs despite plunging stock …

    Source: The Financial Times - Neutral
  • Published on Apr 7, 2025

    U.S. crude oil losses deepen as Trump tariffs fuel recession fears

    A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.  Pavel Mikheyev | Reuters U.S. oil prices fell about 2% on Monday, adding to last week's steep losses on fears …

    Source: CNBC - Neutral

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