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A service for global professionals · Wednesday, October 8, 2025 · 856,537,945 Articles · 3+ Million Readers
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Canada OPEC Newswire

  • Published on 06:16 GMT

    Crude Market Mulls OPEC+ Hikes; Gas Storage Tempers Winter Price Risk

    After hitting interim highs in June, the spot West Texas Intermediate (WTI) oil price is currently resting near a four-year low at about $62/bbl, as U.S. tariffs and counter-tariffs continue to provoke market angst about weakening crude oil demand. The …

    Source: Hellenic Shipping News - Neutral
  • Published on 19:47 GMT

    Idaho Gas Prices for the week of October 8, 2025

    Average gasoline prices in Idaho have fallen 1.7 cents per gallon in the last week, averaging $3.45/g today, according to GasBuddy’s survey of 802 stations in Idaho. Prices in Idaho are unchanged versus a month ago and stand 2.2 cents per gallon higher …

    Source: Clearwater Tribune - Idaho - Pending
  • Published on 03:06 GMT

    This Canadian Energy Company Could Rise as Oil Prices Rebound

    Oil prices have fallen more than 20% in the last year. This fall has been driven by oversupply fears and concerns regarding oil demand out of the US. Accordingly, Canadian energy companies like Canadian Natural Resources Ltd. (TSX:CNQ) have seen their …

    Source: The Motley Fool Canada - Neutral
  • Published on Oct 7, 2025

    Clarksville Claims Lowest Gas Prices in Tennessee as State Average Rises

    Tennessee drops to 6th least expensive market in the nation Nashville, TN – Gas prices across the state rose two cents, on average, over last week. The Tennessee Gas Price average is now $2.75 which is 10 cents less expensive than one month ago but three …

    Source: Clarksville Online - Tennessee - Neutral
  • Published on Oct 7, 2025

    WTI Attracts Some Buyers To Near $61.50 As OPEC+ Opts For Modest Oil Output Hike

    Monday, October 6, 2025 10:10 PM EDT Image Source: Unsplash   West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the Asian trading hours on Tuesday. The WTI drifts higher after the Organization of the Petroleum …

    Source: myMotherLode - California - Pending
  • Published on Oct 6, 2025

    Lisa Baiton: Canada’s moment: Why we must become the world’s next energy superpower

    For decades, Canada’s vast oil sands, natural gas basins, uranium deposits, and renewable resources have powered our economy, created hundreds of thousands of high-paying jobs, and generated billions in government revenues. Yet, despite these advantages, …

    Source: The Hub - Center-right
  • Published on Oct 6, 2025

    Opec+ Agrees to Modest Oil Output Hike

    Eight members of the OPEC+ group, including Saudi Arabia and Russia, have collectively agreed to a slight boost in oil production, adding 137,000 barrels per day starting in November. This modest increase is designed to help the countries strategically …

    Source: News Central TV - Indeterminate
  • Published on Oct 6, 2025

    Midland-Odessa weekly gas price update: October 6, 2025

    Average gasoline prices in Midland-Odessa have risen 13.9 cents per gallon in the last week, averaging $2.75/g Monday, according to GasBuddy’s survey of 156 stations in Midland-Odessa. Prices in Midland-Odessa are 5.4 cents per gallon lower than a …

    Source: Odessa American - Texas - Neutral
  • Published on Oct 6, 2025

    Gas Prices Reverse Trend, Jump Up 10 Cents A Gallon Over The Past Week

    Average gasoline prices in Chattanooga have risen 10.0 cents per gallon in the last week, averaging $2.68/g today, according to GasBuddy's survey of 170 stations in Chattanooga. Prices in Chattanooga are 10.1 cents per gallon lower than a month ago …

    Source: Chattanooga Pulse - Tennessee - Center-left
  • Published on Oct 6, 2025

    OPEC+ Raises Oil Output by 137,000 bpd Amid Market Uncertainty

    The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have announced a modest increase of 137,000 barrels per day in oil production beginning in November 2025. This decision reflects the group’s cautious …

    Source: Info Strides - Pending
  • Published on Oct 6, 2025

    OPEC+ supply growth, weak demand to keep crude prices under pressure through 2026

    The supply side is expanding while demand is weakening, setting up what she called “a one-two punch for crude prices” for the rest of 2025.New Delhi: Global oil markets have entered a bearish phase, with Brent crude slipping to $65 a barrel on October 5 — …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Oct 6, 2025

    USD/CAD Weekly Forecast: Weaker Oil, Trade Data Weighs On Canadian Dollar

    Sunday, October 5, 2025 3:40 PM EDT Image Source: Unsplash The USD/CAD weekly forecast indicates that the price has been moving back towards three-month highs, suggesting a bullish trend. The pair has held between the 1.3890 level and the 1.3980 mark, …

    Source: myMotherLode - California - Pending
  • Published on Oct 5, 2025

    Opec+ agrees another oil output hike for November

    Opec+ on Sunday agreed to another output hike for November as the supergroup of oil producers continued to unwind production cuts implemented two years ago. The group, which includes Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, …

    Source: The National News - Pro-Government
  • Published on Oct 5, 2025

    OPEC+ Agrees Modest Oil Output Hike from November

    The Kingdom of Saudi Arabia, represented by the General Authority of Civil Aviation (GACA), concluded its participation in the 42nd General Assembly of the UN International Civil Aviation Organization (ICAO), held in Montreal, Canada, from September 23 to …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Oct 5, 2025

    OPEC+ meets Sunday with oil production increase expected

    LONDON: Saudi Arabia, Russia and six other key OPEC+ members are likely to agree to raise crude output when they meet virtually on Sunday. Analysts remain divided over the size of the expected production hike from the group of eight oil-producing countries …

    Source: The Sun Daily - Pending
  • Published on Oct 5, 2025

    Saudi Arabia, Russia Poised for OPEC+ Output Hike as Oil Prices Slide Below $65

    Published on: October 5, 2025 11:07 AM LONDON: Saudi Arabia, Russia and six other key OPEC+ members — collectively known as the “Voluntary Eight” (V8) — are expected to agree on a crude output increase when they meet virtually on Sunday, as falling prices …

    Source: Daily Times - Center-left
  • Published on Oct 5, 2025

    Business AFP OPEC+ meets with future oil production hanging in the balance

    The OPEC+ alliance has shifted its strategy and has sought to gain market share by increasing output (Paul Ratje) Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on …

    Source: Yahoo News - United Kingdom - Center-left
  • Published on Oct 3, 2025

    Oil Sees Steepest Weekly Slump In Over 3 Months Ahead Of OPEC+ Meeting

    Oil worker in the Nihran Bin Omar field north of Basra, Iraq. (Photo: Nabil al-Jurani) Copyright 2017 The Associated Press. All rights reserved. Oil futures posted their steepest weekly decline in prices for over three and a half months, as oversupply …

    Source: Forbes - Neutral
  • Published on Oct 4, 2025

    Trump's economic plans called for more oil drilling and lower gas prices. He's only getting the latter.

    As President Trump began his second term, he proclaimed in his inauguration speech that America would "drill, baby, drill," promising a boom in drilling and lower prices at the pump. Nine months in, Trump may only be getting the "lower …

    Source: Yahoo Finance - Center-left

05 days 05:37:09

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  • Published on October 5, 2025 - 17:13 GMT

    OPEC+ Set to Boost Oil Production in November

    (MENAFN) The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, announced on Sunday that they will increase oil production by 137,000 barrels per day (bpd) for November. This move follows a similar …

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