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A service for global professionals · Thursday, July 31, 2025 · 835,807,121 Articles · 3+ Million Readers
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Kuwait OPEC Newswire

  • Published on Jul 30, 2025

    Trump’s short fuse could set off Russian oil sanctions timebomb

    U.S. President Donald Trump unexpectedly shortened his deadline for hitting Russia with the most severe sanctions on its oil exports to date. While the market has called the president’s bluff thus far, the sheer scale of the threat may force investors to …

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

    Oil market outlook bright: Minister

    Kuwait endorses OPEC+ strategy shift, with officials citing signs of sustained global demand KUWAIT: Kuwait’s Oil Minister Tareq Al-Roumi voiced optimism about the future of the global oil market during the 61st OPEC+ ministerial meeting, saying the …

    Source: Kuwait Times - Pro-Government
  • Published on Jul 29, 2025

    Kuwait minister 'optimistic' about oil market fundamentals

    DUBAI - Kuwait's oil minister said he was optimistic about the oil market's fundamentals and that OPEC+ efforts aim for market balance, the state news agency (KUNA) reported on Tuesday. Tariq Suleiman Al-Roumi's comments came after Monday's …

    Source: Zawya - Indeterminate
  • Published on Jul 29, 2025

    Egypt eyes Kuwait for industrial investment

    Egypt is planning to establish joint industrial zones with Kuwait with the aim of attracting capital into the manufacturing sector to support its 2030 industrial strategy. Egypt’s industry minister Kamil Al-Wazir unveiled the project during talks in the …

    Source: Zawya - Indeterminate
  • Published on Jul 28, 2025

    U.S.-E.U. Trade Deal Lifts Oil By Over 2.5%, But Will The Rally Last?

    Oil wells between Sundre and Olds, in Alberta, Canada on May 22, 2025. (Photo: Artur Widak)NurPhoto via Getty Images Oil futures rose by over 2.5% on Monday following an easing of trade tensions between the U.S. and the European Union, but doubts remain …

    Source: Forbes - Neutral
  • Published on Jul 28, 2025

    Middle East crude stands to gain as EU targets Russian oil in new sanctions

    The EU’s planned crackdown on fuel imports made from Russian crude could create opportunities for Middle Eastern crude producers as refiners seek alternative feedstock supplies to safeguard access to European export markets. The tougher sanctions, set to …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 28, 2025

    Gulf economies to rebound on higher oil output and revenue diversification- Reuters poll

    By Anant Chandak BENGALURU (Reuters) -Ramped-up oil production and diversification efforts will help most Gulf economies grow faster this year than they did in 2024, a Reuters poll of economists suggested. Despite deep cuts to oil output since late 2022, …

    Source: WKZO - Michigan - Pending
  • Published on Jul 27, 2025

    Global oil market faces glut, prices remain weak

    The current glut in the oil market is the reason behind the decline in oil prices to below $70 per barrel, with prices currently hovering around $68 and no signs of recovery yet. OPEC+ continues to maintain maximum output, which is contributing to the …

    Source: Arab Times - Center-left
  • Published on Jul 29, 2025

    Asia Distillates: Markets remain in limbo; diesel backwardation eases

    Asia’s middle distillates markets continued to be in limbo, with discussions remaining minimal on the trading window though a backwardated price structure for swaps eased slightly on Tuesday. Thin spot trading liquidity continued to be a recurring theme …

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

    Middle East Crude-Oman, Murban rise; Dubai slips

    Middle East crude benchmark spot premiums of Oman and Murban rose on Tuesday, supported by healthy demand from Asia, while that of Dubai edged lower. Oil prices were steady on Tuesday amid uncertainty about the global economic outlook following the U.S.-EU …

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

    EU Russia sanctions add fuel to red-hot global diesel market

    New European Union sanctions targeting Russia’s oil industry will reshuffle global diesel flows for the second time since 2022, adding pressure to an already red-hot market. Diesel prices have proven surprisingly resilient so far this year. U.S. President …

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

    Futures Rise Ahead Of Data Deluge, S&P Set For 7th Straight Record High

    US equity futures are up again, and set for a 7th consecutive record high into a heavy earnings day and ahead of tomorrow's Fed decision as attention turns from trade deals to company results and economic data to justify nosebleed valuations. As of 8: …

    Source: Zero Hedge - Right-wing
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