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A service for global professionals · Friday, May 16, 2025 · 813,274,516 Articles · 3+ Million Readers
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  • Published on 05:42 GMT

    Oil prices heading for 1pc weekly gain on US-China trade detente

    Business Business Oil prices heading for 1pc weekly gain on US-China trade detente Close Brent crude futures rose 17 cents, or 0.26%, to $64.70 a barrel Published On: Fri, 16 May 2025 08:49:29 PKT BEIJING (Reuters) - Oil prices edged up on Friday following …

    Source: Dunya News - Indeterminate
  • Published on 12:16 GMT

    Oil heads for weekly gain but remains under supply hike pressure

    Oil prices were little changed on Friday, heading for a modest weekly gain as easing U.S.-China trade tensions were somewhat offset by higher supply expectations from Iran and OPEC+. Brent crude futures were up 5 cents, or 0.1%, at $64.58 per barrel at …

    Source: Zawya - Indeterminate
  • Published on 04:44 GMT

    Global oil demand growth is set to slow over the rest of 2025 amid economic headwinds

    The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining …

    Source: Hellenic Shipping News - Neutral
  • Published on 10:46 GMT

    Oil ticks up, set for weekly gain on easing tensions

    Oil prices lifted during Asia's Friday trade and were on track for their second straight weekly gain, buoyed by signs of easing tensions between the United States and China.  However, gains were capped by concerns over a potential return of Iranian …

    Source: Azzet - Pending
  • Published on 04:44 GMT

    OPEC cuts forecasts of rivals’ supply growth through 2026

    OPEC has revised down its forecasts for non-OPEC+ crude supply growth by 100,000 b/d in 2025 and 2026, it said in its monthly oil market report released May 14. It now estimates non-OPEC+ supply growth at 800,000 b/d in 2025 and 2026, with the bulk …

    Source: Hellenic Shipping News - Neutral
  • Published on 05:57 GMT

    Oil set for second weekly rise on trade war truce

    Beijing/Singapore — Oil prices held steady on Friday, heading for a second consecutive weekly gain due to easing US-China trade tension though a potential return of Iranian supply limited price gains. Brent crude futures dipped 1c to $64.52 a barrel by …

    Source: Business Day - Neutral
  • Published on 06:17 GMT

    Oil Prices Rise on U.S.-China Trade Truce, Eye 1% Weekly Gain

    Oil prices rose slightly on Friday, recovering some ground after a sharp drop in the previous session, as optimism surrounding U.S.-China trade relations offset concerns about a potential increase in Iranian oil supply. As of early Friday trading, Brent …

    Source: Daily Times - Center-left
  • Published on 08:35 GMT

    Oil Market Falls 2% on Expectations of US-Iran Nuclear Deal

    By Adedapo Adesanya The oil market was down by about 2 per cent on Thursday on expectations of a US-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market. This brought down the price of Brent by $1.56 …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on 09:52 GMT

    Oil prices fall as Iran signals discord in US talks

    Oil fell after a short-lived spike as Tehran cast fresh doubts about the status of US-Iran nuclear talks. Brent (BZ=F) traded below $65 a barrel after jumping by as much as 1.1% after Iran’s foreign minister, Abbas Araghchi, said that he saw “many opposing …

    Source: News.Az - Pro-Government
  • Published on 07:40 GMT

    Oil Swings as Traders Seek Next Clues on Iran Nuclear Deal

    (Bloomberg) -- Oil bounced between small gains and losses as Iran cast fresh doubts about the status of nuclear talks with the US. Most Read from Bloomberg Brent traded below $65 a barrel after jumping as much as 1.1% on comments by Iran’s foreign minister …

    Source: Yahoo Finance - Center-left
  • Published on 01:02 GMT

    Oil prices heading for 1% weekly gain on U.S.-China trade detente

    By Colleen Howe BEIJING (Reuters) - Oil prices edged up on Friday following a sharp drop in the previous session, heading for a weekly gain of more than 1% as U.S.-China trade optimism outweighed the prospects of Iranian supply returning to the market. …

    Source: Yahoo Finance - Center-left
  • Published on 12:14 GMT

    Press review: Russia, Ukraine prepared for negotiations as US aims to deepen OPEC+ ties

    MOSCOW, May 16. /TASS/. Russia and Ukraine are ready to resume negotiations in Istanbul; Israel gears up for another military operation in Gaza; and the US seeks to strengthen ties with Russia’s OPEC+ partners. These stories have topped Friday’s …

    Source: TASS - Gov't Propaganda
  • Published on May 15, 2025

    Oil prices settle 2% lower on expectations for US-Iran nuclear deal

    [LONDON] Oil prices settled lower on Thursday on expectations for a US-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market. Brent crude futures settled down US$1.56, or 2.36 per cent, to US$64.53 a …

    Source: The Business Times Singapore - Neutral
  • Published on May 15, 2025

    Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal

    The Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, on Jan. 9, 2019. Ali Mohammadi | Bloomberg | Getty Images Oil prices fell Thursday on expectations that the U.S. and Iran may soon reach a deal over Tehran's nuclear program. …

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

    IEA Sees Oil Demand Growth Slowing on Economic Headwinds

    Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on Thursday.  World oil demand rose by 990,000 barrels per day (bpd) in the …

    Source: Oil Price - Neutral
  • Published on May 15, 2025

    India’s Oil Imports Hit Record High as Demand Surges Past China

    India is fast cementing its status as the world’s top engine of oil demand growth—overtaking China earlier than expected and showing no signs of slowing down. According to OPEC’s latest Monthly Oil Market Report, India’s oil demand is projected to grow by …

    Source: Oil Price - Neutral
  • Published on May 15, 2025

    Chevron and European firms lobby for the retention of stakes in Venezuelan oil joint ventures

    Three sources familiar with the situation said that the U.S. oil company Chevron and several European firms are currently in discussions with the Trump Administration to get permission to retain their stakes in joint-ventures with Venezuela's PDVSA. …

    Source: World Energy News - Connecticut - Pending
  • Published on May 15, 2025

    Global Oil Demand Growth to Slow For Rest of 2025, IEA Says

    [Stay on top of transportation news: Get TTNews in your inbox.] Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. After increasing 990,000 barrels …

    Source: Transport Topics - Neutral
  • Published on May 15, 2025

    Crude realities: Shaky balance in oil’s supply and demand shifts

    The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than $12 per barrel ($/bbl) in the four trading days following April 2. This marked the 11th-worst four-trading-day price performance since 1990 and …

    Source: Hellenic Shipping News - Neutral

03 days 13:58:14

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