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  • Published on May 31, 2025

    Govt increases petrol price by Re1 per litre

    Business Business Govt increases petrol price by Re1 per litre Close The finance division issued a notification Updated On: Sun, 01 Jun 2025 00:34:32 PKT (Web Desk) - The federal government has hiked the petrol price by Re1 for the next fortnight. After …

    Source: Dunya News - Indeterminate
  • Published on May 30, 2025

    Is Crude Oil at a Major Inflection Point?

    OPEC+ meets on June 1 and the outcome could help determine whether oil prices rebound from their recent sell-off to around four-year lows or fall even further. At their last meeting on May 3, the group reaffirmed its April decision to increase production …

    Source: Hellenic Shipping News - Neutral
  • Published on May 30, 2025

    OPEC+ Unwinding Cuts Leaves Market Miraculously Balanced

    The eight OPEC+ nations that contributed to voluntary production cuts are set to meet on Friday to discuss production strategy for July. Commodity strategists at Standard Chartered have predicted that we are likely to see more of the same, with the group …

    Source: Oil Price - Neutral
  • Published on May 30, 2025

    India’s Oil Demand Growth Could Disappoint Market Bulls

    India is overtaking China as the world’s biggest oil demand growth driver in a momentous shift in the oil market where China dominated growth in the past two and a half decades. While India’s growth rate is ahead of China’s, Indian volumes aren’t anywhere …

    Source: Oil Price - Neutral
  • Published on May 30, 2025

    Oil falls as investors assess US court ruling on Trump tariffs

    NEW YORK: Oil prices fell over 1% on Thursday, retreating from earlier gains, as investors weighed the potential effects of a US court ruling that blocked the most sweeping of President Donald Trump's tariffs. The market also watched for potential new …

    Source: The Malaysian Star - Indeterminate
  • Published on May 30, 2025

    Libya At Risk Of Declaring Force Majeure On Oil Production After Militia Attacks

    Libya's eastern government has warned of potential disruptions to oil production and exports following an attack by a Tripoli-based militia on the state-owned National Oil Corporation's (NOC) headquarters. The threat of a force majeure declaration …

    Source: Zero Hedge - Right-wing
  • Published on May 30, 2025

    Kingdom of Illusions: Saudi Arabia’s Oil Empire Falters as Royals Splurge

    Lower-for-longer oil prices significant Saudi blow Lower-for-longer oil prices are dealing a significant blow to the Saudi economy, exposing its ongoing vulnerability to oil market swings despite years of diversification efforts. As oil revenues remain the …

    Source: Zero Hedge - Right-wing
  • Published on May 29, 2025

    Oil prices fall over 1% after U.S. court blocks broad Trump tariffs

    Oil prices fell over 1% on Thursday, retreating from earlier gains as investors considered the impact of a U.S. court ruling that blocked the broadest tariffs proposed by President Donald Trump. Brent crude futures settled down 75 cents, or 1.2%, at $64.15 …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 29, 2025

    Oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs

    [NEW YORK] Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China, while the market also watched for potential new US sanctions curbing Russian crude flows and an Opec+ …

    Source: The Business Times Singapore - Neutral
  • Published on May 29, 2025

    Oil Falls on Weak US Data and OPEC Output Fears

    Oil declined as soft US economic data and concerns about rising supplies eroded the risk-on sentiment from a court ruling that blocked a swath of the Trump administration’s tariffs. West Texas Intermediate fell 1.5% to settle near $61 a barrel after …

    Source: Rigzone - Neutral
  • Published on May 27, 2025

    Russia’s Novak says no discussions yet of OPEC+ oil output hikes from July

    Russian Prime Minister Alexander Novak said on Monday that OPEC+ group of leading oil producers has not discussed yet hiking output by another 411,000 barrels per day ahead of its meeting, RIA news agency reported. Organization of the Petroleum Exporting …

    Source: Hellenic Shipping News - Neutral
  • Published on May 29, 2025

    Kazakhstan Can’t Make Supermajors Cut Oil Production

    Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more than 70% of Kazakhstan’s oilfields, Energy Minister Yerlan Akkenzhenov said on Thursday. “The republic has no right to …

    Source: Oil Price - Neutral
  • Published on May 29, 2025

    Is the U.S. Oil Industry Nearing a Tipping Point?

    It has been a volatile and unpredictable year in global oil markets, with price signals clouded by a growing list of competing drivers. From geopolitical tensions to macroeconomic shifts, both bullish and bearish forces are at play, making it increasingly …

    Source: Oil Price - Neutral
  • Published on May 29, 2025

    Oil prices climb as US court blocks Trump tariffs

    TOKYO : Oil prices rose on Thursday after a U.S. court blocked President Donald Trump's tariffs from taking effect, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in …

    Source: Channel News Asia - Pro-Government
  • Published on May 29, 2025

    Goldman Sachs Predicts Sub-$60 Oil Prices In 2026

    Oil wells pumping outside of Midland Texas.Joe Sohm/Visions of America/Universal Images Group via Getty Images Global investment bank Goldman Sachs has reiterated its bearish stance on oil prices for this year and the next, on expectations of yet …

    Source: Forbes - Neutral
  • Published on May 29, 2025

    OPEC Secretary General to deliver keynote at Global Energy Show Canada in Calgary

    The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), His Excellency Haitham Al Ghais, will make his first official visit to Canada this June as the keynote speaker on opening day of the Global Energy Show Canada (GESC), …

    Source: Western Standard - Right-wing
  • Published on May 29, 2025

    OPEC-Plus spurs uncertainty with production increases

    Downward pressure on prices accentuated OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and giving the 23 OPEC-Plus …

    Source: Odessa American - Texas - Neutral
  • Published on May 29, 2025

    Trump promised lower prices. Gas prices are now down across Alaska’s major communities

    As of May 29, gas prices in Alaska’s major cities have seen a notable decrease compared to the same period last year, aligning with national trends of declining fuel costs. In Anchorage, the average price for a gallon of regular gasoline is currently $3.58 …

    Source: Must Read Alaska - Right-wing
  • Published on May 29, 2025

    Crude Oil Surges After Trump Tariffs Get Blocked By US Court

    At the time of writing, U.S. West Texas Intermediate (WTI) crude futures traded 0.90% higher at $62.40 per barrel. Crude oil prices surged by nearly 2% on Thursday after a federal court in the U.S. blocked President Donald Trump’s tariffs. The commodity …

    Source: Asianet Newsable - Center-right

31 days 02:40:50

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