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South Asia OPEC Newswire

  • Published on May 16, 2025

    India's Oil Imports Shift Away from OPEC+

    The United States overtook the United Arab Emirates (UAE) to become India’s fourth-largest crude oil supplier in April, after the Asian country boosted purchases from America to position itself for a better trade deal.  India’s imports of crude oil from …

    Source: Oil Price - Neutral
  • Published on May 16, 2025

    Russian oil drives OPEC share in India's imports to record low

    The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil supplier to New Delhi for the third straight year, data obtained from trade and industry sources …

    Source: Commersant - Neutral
  • Published on May 15, 2025

    US becomes India's 4th largest crude oil supplier in April

    New Delhi: The US nearly doubled its crude oil supply to India in April compared to year earlier, overtaking the UAE to become India's fourth-largest supplier. India's imports of US crude grew to 0.33 million barrels per day (mbd) in April, up from …

    Source: The Economic Times - Pending
  • Published on May 15, 2025

    Oil prices fall as Trump says US is 'getting close' to Iran nuclear deal

    Both Brent Crude and West Texas Intermediate prices were down on Thursday  By HARRY WISE Updated: 10:09 EDT, 15 May 2025 Oil prices fell as much as 3 per cent by Thursday afternoon after President Donald Trump said the US was close to reaching a nuclear …

    Source: Daily Mail - Right-wing
  • Published on May 15, 2025

    FTSE 100 Live: UK growth tops G7 but oil prices drop; Aviva in...

    FTSE 100 up 25 points at 8,610 UK GDP growth surprises to the upside  Aviva results in line with forecasts  Sage and 3i Group lead fallers after their results   1.28pm: US growth still likely to be affected by tariffs, so Fed will hike While the new US …

    Source: Proactive UK - Neutral
  • Published on May 15, 2025

    OPEC expects slower 2025 oil supply growth

    Crude Oil Price Movements In April, the OPEC Reference Basket (ORB) value declined by $5.02, or 6.8%, m-o-m, to average $68.98/b. The ICE Brent front-month contract declined by $5.01, or 7.0%, m-o-m, to average $66.46/b, and the NYMEX WTI front- …

    Source: Hellenic Shipping News - Neutral
  • Published on May 15, 2025

    OPEC Backs NUPRC’s Data As Nigeria’s Crude Production Rises

    Share The Organisation of Petroleum Exporting Countries (OPEC) has stated that Nigeria’s crude oil production in April, 2025 rose by 85,000 barrels per day to reach 1.486million barrels per day, (mbpd) using direct communication. This was contained in OPEC …

    Source: New Telegraph - Pending
  • Published on May 14, 2025

    US stocks finished mixed in choppy trade amid higher yields and a lack of major catalysts ahead of Fed Chair Powell's ...

    US stocks finished mixed on what was a relatively rangebound and choppy session amid a lack of fresh major macro themes although gains were seen in the Mag-7 led sectors such as Communications, Tech and Consumer Discretionary, while Healthcare, Materials …

    Source: Zero Hedge - Right-wing
  • Published on May 14, 2025

    Reform Deal Reached, Bangladesh Says It Will Receive $1.3 Billion From IMF

    Quick Reads Summary is AI generated, newsroom reviewed. The IMF will release $1.3 billion to Bangladesh in June after a fourth review of a $4.7 billion loan, the country's finance ministry has said. The government has dissolved the National Board of …

    Source: NDTV - Center-right
  • Published on May 14, 2025

    Bangladesh to receive $1.3bln from IMF as reform deal reached

    The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on exchange rate reforms, the finance ministry said. The funds, …

    Source: Zawya - Indeterminate
  • Published on May 14, 2025

    Looming oil surplus could stall price recovery, say analysts

    Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. Brent crude oil prices fell below $60 at the beginning of last week following OPEC+’s announcement of a substantial production increase for …

    Source: Hellenic Shipping News - Neutral
  • Published on May 13, 2025

    Trade Tensions, Oil Sanctions, and the Future of Middle East Oil

    Introduction On April 2, the Trump Administration announced global reciprocal tariffs, including the Middle East. Gulf partners were spared from high reciprocal tariffs, with the UAE, Oman, Qatar, Bahrain, Kuwait, and Saudi Arabia holding at the minimal …

    Source: Georgetown Journal of International Affairs - Washington D.C. - Pending
  • Published on May 13, 2025

    Asia And Europe Markets Trade Mixed Following US-China Tariff Deal Optimism - Global Markets Today While US Slept

    On Monday, May 12, U.S. markets closed sharply higher after the U.S. and China agreed to a 90-day temporary tariff reduction, easing trade tensions that had escalated since April. The S&P 500 reached its highest level since early March. Investors …

    Source: Benzinga - Neutral
  • Published on May 13, 2025

    Trump lays out vision for Mideast during first major foreign trip of term. See highlights from Tuesday.

    Federal judge OKs use of Alien Enemies Act to deport Venezuelans who are labeled gang members — 9:01 p.m. By the Associated Press A federal judge says President Trump can use the Alien Enemies Act to deport Venezuelan citizens who are shown to be members …

    Source: The Boston Globe - Massachusetts - Neutral
  • Published on May 16, 2025

    Okeanis Eco Tankers Corp. (NYSE:ECO) Q1 2025 Earnings Call Transcript

    Okeanis Eco Tankers Corp. (NYSE:ECO) Q1 2025 Earnings Call Transcript May 15, 2025 Operator: Welcome to OET’s First Quarter 2025 Financial Results Presentation. We will begin shortly. Aristidis Alafouzos, CEO; and Iraklis Sbarounis, CFO of Okeanis Eco …

    Source: Insider Monkey - Neutral
  • Published on May 15, 2025

    FTSE 100 battles higher as defensive stocks sought, Aviva and...

    FTSE 100 up 33 points at 8,618 UK GDP growth surprises to the upside  Aviva results in line with forecasts  Sage and 3i Group lead fallers after their results   4.13pm: FTSE battles back  The FTSE 100 has battled back from a dodgy start and looks to be set …

    Source: Proactive UK - Neutral
  • Published on May 15, 2025

    FTSE 100 Live: Stocks flat as UK growth tops G7; Aviva in line but...

    FTSE 100 up 1 point at 8,586 UK GDP growth surprises to the upside  Aviva results in line with forecasts  Sage and 3i Group lead fallers after their results   11.12am: Trump update There have been lots of headlines coming out of Donald Trump's Middle …

    Source: Proactive UK - Neutral
  • Published on May 15, 2025

    Is The US Dollar Done?

    (MENAFN- Investor Ideas) Donald Trump has boldly imposed a new era of US economic policy dominated by tariffs, trade wars, and threats to the sovereignty of nations it has long considered allies (Canada, Denmark, Panama), as the second-term president aims …

    Source: MENAFN - Indeterminate
  • Published on May 14, 2025

    Futures Rise After Erasing 2025 Loss As Meltup Just Won't Stop

    US equity futures are modestly in the green with tech/AI stocks leading and small caps lagging as equities may see some profit-taking given the relentless strength of the rally. Stocks has now erased their YTD losses, and the recovery pace of the past …

    Source: Zero Hedge - Right-wing

02 days 08:22:14

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