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A service for global professionals · Thursday, June 12, 2025 · 821,667,763 Articles · 3+ Million Readers
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Oman OPEC Newswire

  • Published on 21:06 GMT

    Oil Steadies as Traders Weigh Tariff Threats Against Iran Risk

    Oil held steady as traders weighed renewed tariff threats from the US against the potential for widespread conflict in the Middle East.  West Texas Intermediate traded in a roughly $2.50 range before closing the session with a small drop to near $68 a …

    Source: Rigzone - Neutral
  • Published on 18:42 GMT

    JP Morgan: Oil Could Hit $130—But We’re Still Calling $60

    Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger - Jun 12, 2025, 11:00 AM CDT JP Morgan is sticking to its base-case oil …

    Source: Oil Price - Neutral
  • Published on 14:36 GMT

    Oil Retreats After Spiking on Escalating Mideast Tensions

    NYMEX-traded WTI for July delivery was down $1.02 bbl to trade near $67.13 bbl, and ICE Brent for August delivery fell $1.01 bbl to $68.76 bbl. July RBOB gasoline futures dropped by $0.0336 to $2.1332 gallon, and the front-month ULSD futures contract shed …

    Source: Progressive Farmer - Neutral
  • Published on Jun 11, 2025

    Oil prices jump 4% on rising Middle East tension

    Oil prices rose more than 4 per cent on Wednesday as the US was preparing to evacuate non-essential staff from its embassy in Baghdad amid rising regional tension. Brent crude futures rose $1.96, or 3.02 per cent, to $66.82 per barrel. West Texas …

    Source: The National News - Pro-Government
  • Published on Jun 11, 2025

    Iraq scales back oil output under OPEC+ compliance push

    2025-06-11T17:15:09+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq reduced crude exports to 4 million barrels per day (bpd) in May 2025, down 50,000 bpd from April, to address overproduction, according to S&P Global Commodity Insights on …

    Source: Shafaq News - Indeterminate
  • Published on Jun 11, 2025

    Iraq, Libya's crude oil exports to rise in May 2025

    [Wed, 11 Jun 2025 14:54:43 +0300] Washington - Saba: A new report by the Energy Research Unit indicates an increase in Iraqi and Libyan oil exports, while Oman and Qatar's seaborne crude oil exports declined in May 2025. The new report stated that …

    Source: Yemen News Agency SABA - Gov't Propaganda
  • Published on Jun 10, 2025

    Saudi Oil Flow To China Inches Down Amid OPEC+ Expansion

    (MENAFN- The Arabian Post) Saudi Arabia will export about 47 million barrels of crude to China in July, marking a modest decline of one million barrels compared with June allocations. Despite the slight reduction, this remains the third consecutive month …

    Source: MENAFN - Indeterminate
  • Published on Jun 9, 2025

    Oman oil price rises $1.36 per barrel

    MUSCAT: The official price of Oman oil (for August delivery) reached $65.79 per barrel on Monday The price of Oman oil on Monday increased by $1.36 compared to last Friday's price of $64.43 per barrel. The monthly average price of Omani crude oil for …

    Source: Oman Observer - Gov't Propaganda
  • Published on Jun 9, 2025

    OPEC+ Quota Increases Yet To Yield Production Gains

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai OPEC+ has escalated production quotas by roughly one million barrels per day from March to June, aiming to reactivate idled capacity, yet actual output across the group remains flat, according to data …

    Source: MENAFN - Indeterminate
  • Published on Jun 7, 2025

    IMF backs Oman’s reforms, warns of global risks

    A recent visit by a staff team from the International Monetary Fund (IMF), held in Muscat from May 21 to 29, 2025, has provided a timely and comprehensive assessment of Oman’s macroeconomic trajectory. Led by César Serra, the mission engaged with national …

    Source: Oman Observer - Gov't Propaganda
  • Published on Jun 11, 2025

    World Bank upgrades UAE growth forecast to 4.6% this year

    The World Bank has upgraded its growth forecast for the UAE to 4.6 per cent this year, up from its 4 per cent projection in January, on expanding non-oil activity and phase-out of the Opec+ oil production cuts. The Washington-based multilateral lender …

    Source: The National News - Pro-Government
  • Published on Jun 11, 2025

    Middle East Crude-Benchmarks extend gains on hopes of stronger demand

    Middle East crude benchmarks Oman, Dubai and Murban extended gains for a third straight session on Tuesday, tracking strength in global oil futures market on hopes that U.S. and China would reach a deal that would improve fuel demand, traders said. Complex …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 10, 2025

    World Bank raises UAE growth forecast for 2025 and 2026

    The World Bank has raised its economic growth forecasts for the UAE for 2025 and 2026, citing robust expansion in both hydrocarbon and non-oil sectors. This growth is expected to offset the negative impact of weakening global demand and lower oil prices. …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Jun 9, 2025

    US stocks mostly eked mild gains amid focus on US-China talks - Newsquawk Asia-Pac Market Open

    US stocks mostly eked mild gains in rangebound trade with most sectors higher, led by outperformance in Consumer Discretionary, Materials and Energy, while Utilities, Financials and Consumer Staples lagged. The main developments on Monday included US/ …

    Source: Zero Hedge - Right-wing
  • Published on 15:26 GMT

    Futures, Dollar Slide As Trump Renews Tariff Threats, Middle East Tensions Spike

    Stock futures, bond yields and the dollar are all lower after Trump ramped trade war tensions back up saying he wants to set unilateral tariff rates higher/reimpose higher duties within the next two weeks to on several countries before the July 9th …

    Source: Zero Hedge - Right-wing
  • Published on 16:56 GMT

    Risk off as Geopolitics takes centre stage, Boeing -8% after Air India incident - Newsquawk US Market Open

    US President Trump said at a certain point, they will send letters out for countries to take or leave and will send those letters out in a week and a half. Geopolitics is driving newsflow as Iran was judged to have violated IAEA rules. An update which has …

    Source: Zero Hedge - Right-wing
  • Published on Jun 11, 2025

    Mideast Stocks: Gulf bourses end mixed on US-China trade-talks

    Stock markets in the Gulf ended mixed on Wednesday as there was little progress in U.S.-China trade talks, dashing hopes it would ease long-standing tensions between the world's largest economies. Top officials of both countries said on Tuesday they …

    Source: Zawya - Indeterminate
  • Published on Jun 11, 2025

    Press review: Moscow sees no peace intent in Kiev as US aids Ukraine strikes

    "What kind of willingness for dialogue can there be if all efforts are being made to avoid a substantive conversation and create obstacles?" Grushko told the newspaper. "There’s no other way to characterize the terrorist attacks that were …

    Source: TASS - Gov't Propaganda
  • Published on Jun 10, 2025

    National Energy Services Reunited Corp. (NASDAQ:NESR) Q1 2025 Earnings Call Transcript

    National Energy Services Reunited Corp. (NASDAQ:NESR) Q1 2025 Earnings Call Transcript June 3, 2025 Operator: Greetings, and welcome to the NESR Reports First Quarter 2025 Financial Results Conference Call and Webcast. [Operator Instructions] As a reminder …

    Source: Insider Monkey - Neutral

19 days 12:07:35

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