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A service for global professionals · Friday, November 6, 2026 · 955,086,777 Articles · 3+ Million Readers
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OPEC Newswire

  • Published on 15:28 GMT

    Current price of oil as of November 6, 2026

    At 7:15 a.m. Eastern Time today, oil was priced at $102.05 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s an increase of $2.53 compared with yesterday morning and around $38 higher than …

    Source: Fortune - Neutral
  • Published on 12:15 GMT

    Oil prices slide as the Iran war premium fades and OPEC+ holds steady

    Subscribe to our free newsletter today to keep up to date with the latest energy news. Oil prices fell sharply in the first week of November as traders looked beyond OPEC+ supply policy and toward the prospect of an end to the Iran war. Brent crude fell 8. …

    Source: Energy, Oil & Gas magazine - Florida - Pending
  • Published on 11:02 GMT

    Oil prices rise amid US-Iran tension concerns after midterm elections

    Oil prices have risen as market participants weigh the potential for renewed conflict between the U.S. and Iran following the U.S. midterm elections. This development comes amid a recent upward trend in Brent and WTI crude-oil futures, which gained over …

    Source: Crypto Briefing - Neutral
  • Published on 11:00 GMT

    US efforts to ease Middle East tensions lead to oil price drop

    Oil prices have decreased following reports of U.S. efforts to de-escalate tensions in the Middle East, according to Bloomberg Markets. This development comes as Brent crude and West Texas Intermediate (WTI) futures experienced notable declines, with Brent …

    Source: Crypto Briefing - Neutral
  • Published on 11:01 GMT

    Oil prices set for 12% weekly drop despite tanker attacks in Gulf

    Oil prices are set to experience a significant decline this week, with both Brent and West Texas Intermediate (WTI) crude likely to fall around 12%, despite recent attacks on tankers in the Gulf and Strait of Hormuz. This drop comes as markets appear to …

    Source: Crypto Briefing - Neutral
  • Published on 15:59 GMT

    OPEC crude oil output is nearing pre-war levels as Saudi Arabia rebounds

    Saudi Arabia was responsible for the bulk of the increase, according to Bloomberg. The kingdom boosted output by 970,000 barrels a day to 9.2 million, leaving it roughly 800,000 barrels daily short of the pace it held when the year began. Saudi oil exports …

    Source: Quartz - Neutral
  • Published on 06:53 GMT

    Oil Prices Rebound Sharply as Markets Reassess Prospects for Ending US-Iran Conflict

    Oil prices staged a sharp recovery on Thursday, regaining part of the substantial losses recorded a day earlier as traders reassessed the likelihood of a swift resolution to the eight-month conflict between the United States and Iran following the US …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on 05:20 GMT

    Democratic midterm wins cloud outlook for OPEC, Nigeria’s oil income

    Democratic gains in the United States’ midterm elections could reshape Washington’s energy priorities, with consequences for the Organisation of Petroleum Exporting Countries (OPEC) and for Nigeria, which relies on crude sales for most of its foreign …

    Source: Business Day - Neutral
  • Published on 05:10 GMT

    Guyana’s Oil Boom Could Ease the Global Supply Crunch

    Tight global oil supplies, compounded by fears of further U.S. strikes against Iran, are stoking concerns over a potential oil price super-spike. Global petroleum inventories are shrinking, while U.S. fuel prices surge to historic highs, fueling inflation …

    Source: Oil Price - Neutral
  • Published on 05:08 GMT

    Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy Stocks

    Oil prices reversed their recent downtrend on Thursday, a day after Democrats swept control of both the House and Senate, creating a potential legislative check on U.S. President Donald Trump’s administration. Brent crude was up 4.0% to trade at $98.38 per …

    Source: Oil Price - Neutral
  • Published on 01:52 GMT

    Oil prices drop sharply, easing inflation pressures: Citi strategist

    Citi strategist Scott Chronert expressed surprise at the sharp drop in oil prices observed on Wednesday, which he noted has alleviated some inflationary pressures. The decline in Brent and WTI crude-oil futures is attributed to shifting geopolitical …

    Source: Crypto Briefing - Neutral
  • Published on 01:28 GMT

    Adnoc Banks on Tight Gas Locally, LNG Globally

    The UAE and state-run Abu Dhabi National Oil Co. (Adnoc) have ambitious plans to grow both oil and gas production, but the company of late has put much of its focus on major national and international gas schemes. This week's final investment decision …

    Source: Energy Intelligence - Pending
  • Published on 01:49 GMT

    Oil nears $100 as Democrats’ win unsettles energy stocks

    Oil prices have surged towards the $100 per barrel mark following the Democratic Party’s successful election results, which have unsettled energy stocks. Brent crude rose by 3.9%, reaching approximately $98.29 per barrel, while WTI crude also saw an …

    Source: Crypto Briefing - Neutral
  • Published on 01:44 GMT

    Strong Americas Oil Growth in 2026 Falls Short of Mideast Loss

    Nearly all the growth in crude oil and liquids production this year will come from North and South America, propelled by robust gains in Brazil and the US. Although the volume of new oil is large, it will compensate for less than one-quarter of the …

    Source: Energy Intelligence - Pending
  • Published on Nov 5, 2026

    Current price of oil as of November 5, 2026

    By 6 a.m. Eastern Time today, oil had reached $99.52 per barrel, measured using the Brent benchmark. That’s $6.32 less than it cost yesterday morning and about $35.50 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $105 …

    Source: Fortune - Neutral
  • Published on Nov 5, 2026

    Kazakhstan demands that Russia resume oil shipments via the Druzhba pipeline and the port of Ust-Luga

    Astana, Kazakhstan – The Kazakhstani Ministry of Energy has sent an official letter to its Russian counterpart requesting permission to resume the transport of crude oil shipments via the Druzhba pipeline for export through the port of Ust-Luga on the …

    Source: Voice Of Emirates - Gov't Propaganda
  • Published on Nov 5, 2026

    Nigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRC

    Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The commission disclosed this in its 2025 …

    Source: Nairametrics - Neutral
  • Published on Nov 5, 2026

    IEA, IEF, and OPEC convene industry experts for crucial dialogue on maritime energy flows

    The International Energy Agency (IEA), the International Energy Forum (IEF), and the Organization of the Petroleum Exporting Countries (OPEC) today convened key stakeholders and leading industry experts to discuss maritime energy flows, shipping and …

    Source: Hellenic Shipping News - Neutral
  • Published on Nov 5, 2026

    UAE boosts oil exports despite Iran war, energy minister says

    The United Arab Emirates increased oil exports following the start of the Iran war, Energy Minister Suhail al-Mazrouei said at ADIPEC in Abu Dhabi. The UAE left the Organization of the Petroleum Exporting Countries in April after 59 years of membership …

    Source: Hellenic Shipping News - Neutral

03 days 09:51:00

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