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A service for global professionals · Wednesday, April 23, 2025 · 805,931,713 Articles · 3+ Million Readers
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China OPEC Newswire

  • Published on 16:48 GMT

    Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output in June

    HOUSTON: Oil prices fell almost 2% on Wednesday as sources said OPEC+ could accelerate its oil output increases next month, but losses were curbed after a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures were …

    Source: Business Recorder - Neutral
  • Published on 13:53 GMT

    Oil prices down about 1% after Kazakhstan defiance on high crude output

    Oil prices lost about 1% on Wednesday after Kazakhstan struck a defiant tone about its rising oil output, erasing earlier gains on the back of U.S. sanctions against Iran, falling U.S. crude stocks and President Donald Trump softening his tone on China. …

    Source: Zawya - Indeterminate
  • Published on 14:12 GMT

    Kazakhstan says oil output levels decided by national interest, not OPEC+

    Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on oil production levels, the country's newly appointed Energy Minister Erlan Akkenzhenov told Reuters, ratcheting up the standoff with the group. Several other …

    Source: Zawya - Indeterminate
  • Published on 11:21 GMT

    Crude Oil Prices Climb as Inventories Fall and Sanctions Tighten

    Subscribe to our free newsletter today to keep up to date with the latest oil news. Crude oil prices saw a significant increase in April 2025, driven by a combination of geopolitical developments and underlying market conditions. Brent crude futures rose …

    Source: Energy, Oil & Gas magazine - Florida - Pending
  • Published on 14:51 GMT

    Exclusive-OPEC+ to consider another accelerated oil output increase for June

    LONDON (Reuters) -Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters. Oil prices fell to a four-year low in April, weakened by a U.S.-China trade war …

    Source: Yahoo Finance - Pending
  • Published on 11:33 GMT

    Iraq’s Oil Gamble: Budget on the brink amid global price collapse

    Shafaq News/ Iraq stands at a perilous fiscal crossroads. The dramatic decline in global oil prices is not just a fluctuation in commodity markets—it is a seismic shift threatening to undermine Iraq’s economic foundation, disrupt state operations, and …

    Source: Shafaq News - Indeterminate
  • Published on 16:01 GMT

    Gold Sinks Thru' $3300, Silver Unmoved by Trump's About-Turn on Powell and China

    GOLD PRICES fell further on Wednesday, extending yesterday's 5% slump from new all-time highs as global stock markets rallied along with the US Dollar's FX rate after President Trump denied planning to fire Fed chair Jerome Powell and back-tracked …

    Source: Bullionvault.com - Neutral
  • Published on 09:35 GMT

    Russian Economy Dealt Blow With Slumping Oil Prices

    Russia's government has predicted the price of its oil will plummet to its lowest level in half a decade, posing a challenge to the country's sanction-hit economy. Russia's Economic Development Ministry downgraded its 2025 forecast for Urals …

    Source: Newsweek - Left-wing
  • Published on 00:28 GMT

    Oil Swings as Traders Eye Kazakhstan Output, Tariffs on China

    (Bloomberg) -- Oil swung between gains and losses as the prospect that Kazakhstan won’t significantly curtail production vied with the possibility of lower-than-expected US tariffs on China. Most Read from Bloomberg West Texas Intermediate futures edged …

    Source: Yahoo Finance - Pending
  • Published on Apr 22, 2025

    Big Oil's Broken Business Model

    In the wake of collapsing oil prices, Big Oil must alter its broken business model or face being outcompeted by smaller, nimbler energy producers. Reprinted with permission by TomDispatch. Many reasons have been provided for the dramatic plunge in the …

    Source: Utne Reader - Left-wing
  • Published on Apr 22, 2025

    Japanese refiners back OPEC+ crude output hike amid high Middle Eastern reliance

    Japan’s refiners fully support OPEC+ crude producers’ decision to increase output, as the country’s reliance on Middle Eastern suppliers is expected to remain high in 2025 despite efforts to diversify supply sources, according to traders and feedstock …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 22, 2025

    India’s Oil Imports From OPEC Hit Record Low as Russian Flows Soar

    OPEC’s market share in India slumped to an all-time low of below 50% of India’s crude oil imports in the 2024-2025 fiscal year, as Russian oil flows to the world’s third-largest crude importer continued to rise and dent the share of the Middle Eastern …

    Source: Oil Price - Neutral
  • Published on Apr 22, 2025

    Saudi Arabia Has A Problem; Will Modi Oil The Wheels?

    Home Defence And Security Saudi Arabia Has A Problem; Will Modi Oil The Wheels? Saudi investment in Indian refineries and oil exploration may figure prominently in the discussions Prime Minister Modi has with his hosts in Jeddah today and tomorrow. As …

    Source: StratNews Global - Pending
  • Published on Apr 22, 2025

    Falling Crude Oil Prices Will Stall Out Drill Baby Drill

    Traders work in the crude oil and natural gas options pit of the New York Mercantile Exchange years ... More ago.Getty Images An oilfield operator who owns small stripper wells in Oklahoma is nervous. A long-time Republican, Andrew was initially happy with …

    Source: Forbes - Neutral
  • Published on Apr 22, 2025

    Oil Prices Down on US-Iran Talks Progress, Tariffs Headwinds

    By Adedapo Adesanya On Monday, oil prices fell by nearly 3 per cent on signs of progress in talks between the United States and Iran, while investors remained concerned about economic headwinds from tariffs that could curb fuel demand. Brent crude …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on Apr 22, 2025

    Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline

    Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover their short positions on the commodity, and production figures from OPEC+ showed a decline for March, to the tune of 360,000 …

    Source: Oil Price - Neutral
  • Published on Apr 22, 2025

    Traders Flee to Gold, Ditch Oil

    Amid heightened uncertainty about trade and economies, gold prices have hit multiple record highs this year, while oil prices have slipped to four-year lows as concerns about global oil demand spiked with all the trade and tariff chaos. Gold hit another …

    Source: Oil Price - Neutral
  • Published on Apr 21, 2025

    Oil falls nearly 3% on signs of progress in US-Iran talks, demand fears

    NEW YORK :Oil prices fell nearly 3 per cent on Monday on signs of progress in talks between the U.S. and Iran, while investors remained concerned about economic headwinds from tariffs which could curb demand for fuel.  Brent crude futures were down $1.84, …

    Source: Channel News Asia - Pro-Government
  • Published on Apr 21, 2025

    Oil falls over 2% on signs of progress in US-Iran talks, demand fears

    [NEW YORK] Oil prices fell more than 2 per cent on Monday (Apr 21) on signs of progress in talks between the US and Iran, while investors remained concerned about economic headwinds from tariffs that could curb demand for fuel. Brent crude futures were …

    Source: The Business Times Singapore - Neutral

05 days 11:07:44

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