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  • Published on Jul 16, 2025

    Interview: Nigerian energy giant's CEO hails China's clean energy development, contribution to world economy

    VIENNA, July 16 (Xinhua) -- Bashir Bayo Ojulari, CEO of the state-run Nigerian National Petroleum Corporation (NNPC), hailed China's clean energy development and the country's role in driving world economic growth during a recent interview with …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 16, 2025

    The Commodities Feed: OPEC Leaves Outlook Unchanged

    Wednesday, July 16, 2025 12:30 AM EDT Image Source: Unsplash Energy- OPEC output rises   The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. In addition, no immediate action from the US against Russia …

    Source: myMotherLode - California - Pending
  • Published on Jul 16, 2025

    Oil Prices Snap Losing Streak As Investors Reassess Demand In Top Consumers US, China

    Benchmark Brent crude prices were up 0.4% at $68.96 per barrel, while U.S. West Texas Intermediate crude prices gained 0.6% at $66.94 per barrel at 5.31 a.m. GMT. Oil prices edged higher on Wednesday, snapping a two-session losing streak, as investors were …

    Source: myMotherLode - California - Pending
  • Published on Jul 16, 2025

    OPEC: Global Oil Demand Forecasts Unchanged

    OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries' crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. In a …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Jul 15, 2025

    Petchems to remain key driver of increasing oil demand to 2050 – OPEC

    Petrochemicals will remain a key component of oil demand through to 2050, according to the latest forecast published by OPEC last week. • Petchem demand set to rise by 4.7m barrels/day by 2050 • Increasing GDP and non-OECD populations drive increase • …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 16, 2025

    Morgan Stanley unpicks oil market riddle as stockpiles swell

    (Bloomberg) — Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia-Pacific, prices have been able to hold their ground for now, according to Morgan Stanley. Most Read from Bloomberg …

    Source: Yahoo Finance - Center-left
  • Published on Jul 16, 2025

    Oil prices gain on summer demand hopes despite wider economy woes

    BEIJING: Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world’s two largest consumers, the United States and China, though gains were capped by analysts’ caution about the wider economy. Prices have seesawed in a tight …

    Source: Business Recorder - Neutral
  • Published on Jul 16, 2025

    Trump's Russia Threat Puts Focus on Oil Buyers India and China

    President Donald Trump’s threat to impose financial penalties on Russia has put the spotlight on the two biggest buyers of Moscow’s crude — India and China — but markets remain skeptical of disruption, for now. India became a major importer of Russian oil  …

    Source: Rigzone - Neutral
  • Published on Jul 16, 2025

    Iraq moves to ward off US sanctions over Iran oil smuggling

    An oil tanker in the Persian Gulf near Bushehr in southern Iran on 29 April 2024. [Getty] Iraqi officials are trying to stop the US from slapping sanctions on its critical oil sector over suspicions that Iran is smuggling crude through the country, three …

    Source: The New Arab - Indeterminate
  • Published on Jul 16, 2025

    Oil prices gain on demand expectations amid improving economy

    By Colleen Howe BEIJING (Reuters) -Oil prices rose on Wednesday on expectations of steady demand in the U.S. and China, the world’s two largest oil users, amid an improving economic outlook. Brent crude futures rose 29 cents, or 0.42%, to $69 a barrel by …

    Source: WKZO - Michigan - Pending
  • Published on Jul 15, 2025

    OPEC expects oil demand surge in Q3, followed by tight supply-demand balance

    The Organisation of the Petroleum Exporting Countries (OPEC) anticipates a “very strong” surge in oil demand in the third quarter (Q3) of 2025, followed by a tight supply-demand balance, according to a Reuters report, citing sources. In collaboration with …

    Source: Offshore Technology - Neutral
  • Published on Jul 15, 2025

    Oil inches higher as traders watch for more sanctions on Russia

    Singapore — Oil prices nudged higher on Monday, adding to gains of more than 2% from Friday, as investors eyed further US sanctions on Russia that may affect global supplies, but a ramp-up in Saudi output and ongoing tariff uncertainty limited gains. Brent …

    Source: BusinessLIVE - Pending
  • Published on Jul 15, 2025

    Heightened Trade Tensions Weigh on Crude Oil Prices

    Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash August WTI crude oil (CLQ25) today is down -1.11 (-1.62%), and August RBOB gasoline (RBQ25) is down -0.0284 (-1.30%). Crude oil and gasoline prices today fell from 3-week highs and turned lower on …

    Source: Yahoo Finance - Center-left
  • Published on Jul 15, 2025

    OPEC Retained Global Oil Demand Growth Projections For 2025 And 2026 After Reductions In April

    Crude Oil Price Movements In June, the OPEC Reference Basket (ORB) value increased by $6.11 month-on-month (m-o-m), to average $69.73/b. The ICE Brent front-month contract increased by $5.79, m-o-m, to average $69.80/b, while the NYMEX WTI front- …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 15, 2025

    Goldman Sachs raises Brent oil forecast for second half of 2025 to $66

    Goldman Sachs raised its oil price forecasts for the second half of 2025 on Monday, citing the risk of supply disruption, lower oil inventories in Organisation for Economic Co-operation and Development countries and Russia's production constraints. The …

    Source: Commersant - Neutral
  • Published on Jul 15, 2025

    Oil prices drop as Trump’s 50-day Russia deadline eases supply fears

    LONDON: Oil prices dropped on Tuesday as U.S. President Donald Trump’s 50-day deadline for Russia to end the Ukraine conflict eased immediate concerns over potential supply disruptions. Brent crude futures fell 56 cents, or 0.8%, to $68.65 a barrel, while …

    Source: The Sun Daily - Pending
  • Published on Jul 15, 2025

    OPEC says world economy may do better in second half of year

    London: OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and that refineries' crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Jul 15, 2025

    Roundup: OPEC seminar highlights energy transition, cooperation

    VIENNA, July 11 (Xinhua) -- The 9th International Seminar, hosted in Vienna by the Organization of the Petroleum Exporting Countries (OPEC) from July 9 to 10, has attracted widespread attention to the possible paths for countries toward energy transition. …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 15, 2025

    Oil Prices Drop Following Trump’s 50-Day Deadline for Russia

    Oil prices fell on Tuesday after U.S. President Donald Trump’s relatively long 50-day deadline for Russia to end the war in Ukraine and avoid sanctions eased immediate concerns over supply disruptions.اضافة اعلان Brent crude for August delivery dropped by …

    Source: Jordan News - Indeterminate

02 days 07:39:07

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  • Published on July 17, 2025 - 09:56 GMT

    Russia-Nigeria collaboration essential to oil market steadiness

    (MENAFN) The collaboration between Russia and Nigeria within the OPEC+ alliance plays a crucial role in ensuring stability in the global oil market, according to Russian Deputy Prime Minister Alexander Novak. His comments followed a meeting with Nigeria’s …

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  • Published on July 16, 2025 - 18:51 GMT

    Russia, Nigeria Reaffirm OPEC+ Partnership

    (MENAFN) The collaboration between Russia and Nigeria under the OPEC+ alliance plays a crucial part in supporting the steadiness of the international oil market, according to Russian Deputy Prime Minister Alexander Novak. His comments followed a discussion …

    Distribution channels: ...
  • Published on July 17, 2025 - 22:55 GMT

    MENA Energy Recap, Q2 2025: Markets Soften, Resolve Hardens, Investments Grow

    The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June of 2025 and what they signal in the months ahead. The Recap views these developments through the lens of policy and strategy, …

    Distribution channels: Politics
  • Published on July 7, 2025 - 10:51 GMT

    OPEC+ Fast-Tracks August Oil Production

    (MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

    Distribution channels: ...
  • Published on July 2, 2025 - 10:37 GMT

    Oil Prices Drop After Israel-Iran Ceasefire

    (MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

    Distribution channels: ...
  • Published on June 30, 2025 - 19:06 GMT

    Oil Prices See Uptick as Weaker Dollar Fuels Demand

    (MENAFN) Oil prices saw a modest uptick on Monday, as traders sought to capitalize on last week's declines while a weaker US dollar fueled demand. Brent crude, the global benchmark, gained 0.37%, reaching $66.58 per barrel at 10:32 a.m. local time ( …

    Distribution channels: ...
  • Published on June 30, 2025 - 19:06 GMT

    Oil Prices Rise Amid Dollar Weakness

    (MENAFN) Oil values experienced a slight increase on Monday as market participants moved to benefit from the prior week’s downward trend, with a diminishing US dollar further enhancing demand. The global yardstick, Brent crude, climbed by 0.37 percent, …

    Distribution channels: ...
  • Published on June 30, 2025 - 10:08 GMT

    Oil rates increase on recent US data

    (MENAFN) Oil prices rose again on Thursday as investors reacted to new US inventory data and ongoing instability in the Middle East. Brent crude, the global benchmark, edged up by 0.2% to $67 per barrel, while US West Texas Intermediate (WTI) crude …

    Distribution channels: ...
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