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Serbia and Montenegro OPEC Newswire

  • Published on Apr 9, 2025

    Oil prices rebound as Trump targets China with steeper fariffs

    Oil prices surged on Wednesday after tumbling to four-year lows earlier in the day. The turnaround followed U.S. President Donald Trump’s announcement of steeper tariffs on China while pausing hikes for other nations. Trump raised the tariff rate for …

    Source: Talanoa 'O Tonga - Neutral
  • Published on Apr 9, 2025

    The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell ...

    U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of 20 summit on 28 June 2019. Bernd von Jutrczenka | picture alliance | Getty Images DUBAI, United Arab Emirates — The wealthy Arab Gulf states …

    Source: CNBC - Neutral
  • Published on Apr 9, 2025

    Saudi Arabia Makes 14 New Oil And Natural Gas Discoveries

    Saudi Arabia, the world’s top oil exporter, on Wednesday unveiled 14 new oil and natural gas discoveries in the Eastern Region and the vast Empty Quarter (Rub’ Al Khali), marking a significant milestone in the Kingdom’s energy exploration efforts. Saudi …

    Source: Gulf Insider - Neutral
  • Published on Apr 9, 2025

    Oil prices drop 4% amid U.S.-China tariff war and market selloff

    Global oil prices tumbled to their lowest in more than four years on Wednesday as fears over weakening demand and a supply excess deepened, driven by a renewed trade standoff between the United States and China—two of the world’s largest oil consumers. …

    Source: Business Day - Neutral
  • Published on Apr 9, 2025

    Saudi Aramco Makes 14 New Discoveries as Oil Prices Bite

    Saudi Aramco, the Kingdom’s giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could add over 80 million cubic feet of gas per day and over 8,000 barrels of oil per day to Saudi Arabia’s fossil fuels …

    Source: Oil Price - Neutral
  • Published on Apr 9, 2025

    Global Oil Prices Crash Below 6% Amid US-China Tariff War

    Share Amid rising tensions between the United States (US) and China over a fresh wave of trade tariffs, the prices of global crude oil fell by as much as 6 per cent on Wednesday, April 9. According to data from OilPrice.com, West Texas Intermediate (WTI) …

    Source: New Telegraph - Label Pending
  • Published on Apr 9, 2025

    Oil falls to lowest since 2021 as tariffs take effect

    SINGAPORE/BEIJING: Oil prices fell for a fifth day to their lowest since February 2021 on Wednesday on looming demand concerns fuelled by an escalating tariff war between the US and China, the world's two biggest economies, and a rising supply …

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

    Reuters: Trump Sends Oil Prices To Lowest Level Since February 2021

    4 The OPEC+ decision also played a role. Oil prices on Wednesday, April 9, fell to their lowest level since February 2021. This drop came amid concerns over rising demand due to the escalation of the U.S.-China trade war and forecasts of increased supply. …

    Source: Charter 97 - Center-left
  • Published on Apr 9, 2025

    Gas Prices Falling

    STATEWIDE, (WOWO) — One area where the Trump tariffs may be working already is gas prices. You may have noticed it getting cheaper by the day to buy gas and Gasbuddy’s head of Petroleum Analysis, Patrick DeHaan, says he believes Indiana’s prices will be …

    Source: WOWO 1190 AM - Indiana - Neutral
  • Published on Apr 9, 2025

    Idaho Gas Prices for the week of April 9, 2025

    Average gasoline prices in Idaho have risen 2.0 cents per gallon in the last week, averaging $3.33/g today, according to GasBuddy’s survey of 802 stations in Idaho. Prices in Idaho are 18.0 cents per gallon higher than a month ago and stand 42.4 cents …

    Source: Clearwater Tribune - Idaho - Label Pending
  • Published on Apr 9, 2025

    Oil Futures Rebound From Multi-Year Lows on 90-day Tariff Pause

    May RBOB gasoline futures settled at $2.0441 gallon, up $0.0527 from the previous settlement of $1.9914. The front-month ULSD contract settled at $2.1189 gallon, up $0.0619 from $2.0570 on Tuesday. The U.S. Dollar Index settled at 102.715 on Wednesday, an …

    Source: Progressive Farmer - Neutral
  • Published on Apr 9, 2025

    Venezuela's oil flows again, after a week of panic

    (Reuters) - Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after the U.S. applied tariffs that President Donald Trump imposed on importers of the OPEC nation's oil, according to …

    Source: Yahoo Finance - Label Pending
  • Published on Apr 9, 2025

    OPEC Struggles to Rein In Biggest Cheat Despite Saudi Arabia’s Scolding

    (Bloomberg) -- Saudi Arabia’s oil supply shock has set up a standoff with OPEC members who keep busting their quotas, but the biggest of the offenders has yet to flinch.  Kazakhstan — whose persistent flouting of production limits triggered Riyadh’s ire — …

    Source: Mint - Neutral
  • Published on Apr 9, 2025

    Oil prices drop to four-year lows as China imposes new tariffs on U.S.

    Oil prices dropped to four-year lows on Wednesday following China’s announcement of additional tariffs on U.S. goods in retaliation for President Donald Trump’s trade policies. China revealed it would impose 84% tariffs on U.S. goods, up from the …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 9, 2025

    Texas Wildcatters Impatient With Trump as Oil Prices Tank

    (Bloomberg) -- The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas oilmen on the fairways had a more serious concern: The president they helped …

    Source: Yahoo Finance - Label Pending
  • Published on Apr 9, 2025

    Saudi Arabia discovers 14 new oil and gas fields with small volumes

    Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom’s Eastern Region and the Empty Quarter, state news agency SPA said on Wednesday, containing small volumes. The six fields and two reservoirs were found to have …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Apr 9, 2025

    Tariffs and Oil

    The tariffs, if sustained, will likely cause substantially slower global economic growth, reducing demand for oil and gas and derivative products and, hence, contributing to lower prices. The OPEC+ nations have also announced production increases. Image …

    Source: Texas Border Business - Neutral
  • Published on Apr 9, 2025

    Utica gas prices: How much does it cost to fill up in Mohawk Valley vs. other parts of NY?

    Utica-Rome has the highest average gas prices in New York State, currently at $3.271 per gallon. Crude oil prices fell last week, potentially leading to lower gas prices in the future. Despite Utica-Rome's high prices, the current cost is significantly …

    Source: The Times Telegram - New York - Label Pending
  • Published on Apr 9, 2025

    Oil: What markets are signaling about supply & demand

    00:00 Kenny Polcari I take and I'm not sure, but I'm kind of on the opposite side of this argument. I don't think it's a demand issue at all. I don't think demand is going to wane at all. I think there's massive demand on energy. I …

    Source: Yahoo Finance - Label Pending

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  • Published on April 10, 2025 - 20:44 GMT

    Trump tariff shock causes four-year low to oil

    (MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

    Distribution channels: ...
  • Published on April 10, 2025 - 12:07 GMT

    Oil rate dips to four-year low

    (MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $ …

    Distribution channels: ...
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