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Serbia and Montenegro OPEC Newswire

  • Published on 07:01 GMT

    Tabaqchali: Tariffs, Oil Prices, and the Budget

    By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tariffs, Oil Prices, and the Budget The market, as measured by the Rabee Securities U. S …

    Source: Iraq Business News - Neutral
  • Published on 10:42 GMT

    Saudi Arabia Slashes Oil Prices Ahead of Output Boost

    Saudi Arabia cut the official selling prices for its oil sharply ahead of a production boost set for next month. The sharpest cut was made for the price of oil sold in Asia, with flagship Arab Light set to be $2.30 per barrel cheaper in May, at a premium …

    Source: Oil Price - Neutral
  • Published on 09:21 GMT

    Nigeria’s absurd oil market logic: Fuel prices increase despite drop in global crude cost

    Last week, crude prices fell to its lowest levels since 2021, owing to Trump’s import tariffs and a sudden crude supply increase by OPEC+, which knocked $10 a barrel off global benchmarks. By Friday, crude prices plunged to $65 per barrel. While this …

    Source: Business Insider Africa - Neutral
  • Published on 14:11 GMT

    Nigeria’s Oil, Non-Oil Exports Face Disruption Over Trump’s Tariff ‘War’ 

    April 07, (THEWILL) – Nigeria’s oil and non-oil exports to the United States of America face severe challenges following President Donald Trump’s recent imposition of 14 per cent tariff on exports from Nigeria to the USA, claiming that his country pays 27 …

    Source: The Will - Neutral
  • Published on 10:42 GMT

    Oil Price Rout Extends on Recession Fears

    The price slump in crude oil that began last week has extended into this one as market players’ fears about a global recession deepen. At the time of writing, Brent crude was trading at just below $64 per barrel, while West Texas Intermediate was changing …

    Source: Oil Price - Neutral
  • Published on 10:42 GMT

    Goldman Sachs Slashes Oil Price Forecast to Below $60 in 2026

    Higher risks of recessions and higher-than-expected OPEC+ production prompted Goldman Sachs to slash again its oil price forecasts for 2026, days after it had already cut its price outlook in the wake of the U.S. tariffs announcement last week. Goldman …

    Source: Oil Price - Neutral
  • Published on 10:41 GMT

    Oil Falls To $63 As U.S. Escalates Global Trade War

    Oil prices dropped sharply to $63 per barrel on Monday, pressured by escalating global trade tensions triggered by the United States and a looming supply glut as OPEC+ signals increased production. The price dip follows the U.S. administration’s decision …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on 12:28 GMT

    Oil drops to four-year low, metals fall on recession fears

    By Anna Hirtenstein LONDON (Reuters) - Oil slid around 3% on Monday to its weakest since 2021, while most commodity markets including metals and coffee declined as the intensifying trade war between the United States and China triggered worries over demand …

    Source: Yahoo Finance - Label Pending
  • Published on 09:42 GMT

    Libya to offer 22 areas for oil exploration, with attractive terms for investors, officials say

    LONDON - Libya is set to offer 22 areas for oil exploration in its first bidding round for such investment in more than 17 years, with new and attractive terms for investors, the country's top oil officials told a Libya Bid Round Roadshow in London on …

    Source: Zawya - Uncategorized
  • Published on 10:57 GMT

    Oil Prices Slide as Saudi Arabia Slashes Crude

    Advertisement Oil prices plunged after Saudi Arabia cut prices on its flagship crude by the steepest margin in over two years. At the same time, escalating trade tensions stoked fears of a global recession and weaker energy demand, adding further pressure …

    Source: Chemical Industry Digest - Label Pending
  • Published on 10:45 GMT

    Tariff Shock: Oil Declines, CBN Sells $198 Million To Support Naira

      Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, following sweeping trade tariffs by President Donald Trump against countries. Oil trade above $70 per barrel before President Trump slammed the tariffs. The price …

    Source: Channels TV - Neutral
  • Published on 10:54 GMT

    Officials say that Libya offers 22 areas for oil exploration with attractive terms to investors

    Libya will offer investors new and attractive terms in its first bid round in over 17 years. The country's top officials in the oil sector told a Libya Bid Round Roadshow held in London on Sunday. New bidding round Africa's second largest oil …

    Source: World Energy News - Connecticut - Label Pending
  • Published on 11:08 GMT

    Tankers: Can Oil Escape a Global Trade War?

    In the aftermath of Liberation Day, tanker market participants are still trying to evaluate the potential impact. In its latest weekly report, shipbroker Gibson said that “on Wednesday the 2nd of April, the much-anticipated Liberation Day came to pass. US …

    Source: Hellenic Shipping News - Neutral
  • Published on 11:04 GMT

    Global Markets See Worst Drop Since 1997 Mimicking Black Monday Like Crash, Crude Oil Tumbles

    On Friday, April 4th, U.S. markets closed sharply lower, marking Wall Street’s second consecutive day of steep losses. The Nasdaq officially entered a bear market, while the Dow slipped into correction territory amid intensifying global trade tensions. …

    Source: Benzinga - Neutral
  • Published on 10:10 GMT

    Middle East stock markets plummet amid US tariffs and falling oil prices

    DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they struggled with the dual hit of the United States' new tariff policy and a sharp decline in oil prices, squeezing energy-producing nations that rely on those sales to …

    Source: IOL - Uncategorized
  • Published on 13:13 GMT

    Oil sinks further as Saudi price cut adds to tariff turmoil

    Oil prices spiraled almost 3% on Monday in early trading after plummeting 11% last week as a trade war sparked a market-wide sell-off over fears of cratering demand. Additionally, over the weekend, Saudi Arabia cut its crude export prices to its Asian …

    Source: Yahoo Finance - Label Pending
  • Published on 09:11 GMT

    VEGOILS-Palm falls tracking weaker soyoil, crude oil prices

    Malaysian palm futures declined on Monday for the third consecutive session. They were weighed down on lower soyoil prices and crude oil, while China's retaliatory duties on U.S. products raised fears of an international trade war. At midday, the …

    Source: World Energy News - Connecticut - Label Pending
  • Published on 10:58 GMT

    Oil prices crash 7%

    22 The price of WTI crude oil dropped more than 7% on Thursday as President Donald Trump’s Liberation Day tariffs blitzed markets and OPEC+ threw an unexpected production curveball. At 10:38 a.m on Friday in New York, Brent crude was trading at $70.21 — a …

    Source: Sunday Observer - Pro-Government
  • Published on 12:06 GMT

    Oil prices sink to lowest levels in four years: Report

    Brent crude, the global oil benchmark, plunged 3.5% to trade at $63.30 a barrel and West Texas Intermediate, the US benchmark, also fell 3.5% to $59.84 by 4.16 a.m. ET. Both are trading at their lowest levels since early 2021 when the world was still …

    Source: Iran Front Page - Gov't Propaganda

07 days 12:24:46

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