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United States OPEC Newswire

  • Published on Jul 1, 2025

    Oil prices are down even after recovering from conflict

    Why prices are still falling Despite the recent volatility, oil prices fell nearly 10% last quarter, weighed down by a mix of soft demand and expanding supply. The market briefly surged in June after Israel launched strikes on Iran – but as hostilities …

    Source: Gulf News - Gov't Propaganda
  • Published on Jul 1, 2025

    Oil steady ahead of OPEC+ decision

    Oil prices were steady on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an upcoming meeting as well as trade negotiations. Brent crude was up 5 cents to $66.79 a barrel at 0901 GMT, while U.S. West Texas …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    WHATCOM NEWS: July 2, 2025

    Peoples Bank to sponsor Mount Baker Theatre season BELLINGHAM —  Peoples Bank has been named Mount Baker Theatre’s official 2025-2026 season sponsor as the theater prepares to unveil its 99th season of serving Northwest Washington and Southern British …

    Source: Lynden Tribune - Washington State - Neutral
  • Published on Jul 1, 2025

    Nigerian Oil falls below $70 a barrel amid faded supply disruption  

    Nigerian crude prices dipped to a three-week low on Tuesday, falling back to rates seen before the recent Israel-Iran fighting as fading supply fears and talk of an OPEC+ output increase weighed on the market. Nigeria’s key grades-Bonny Light, Brass River, …

    Source: Nairametrics - Neutral
  • Published on Jul 1, 2025

    Mideast Stocks: Most Gulf markets retreat ahead of vote on Trump's tax bill

    Most stock markets in the Gulf gave up early gains to close lower on Tuesday, as investors booked profits and turned cautious ahead of a U.S. Senate vote on President Donald Trump's landmark tax and spending bill. The proposed legislation, which faces …

    Source: Zawya - Indeterminate
  • Published on Jul 1, 2025

    Saudi Aramco Set to Raise Oil Prices to Asia Amid Strong Demand

    Saudi Arabia is expected to raise the price of its flagship crude loading for Asia in August to a four-month high as demand strengthens in the summer and buyers seek more term supplies amid volatile spot prices. Saudi oil giant Aramco, the world’s top …

    Source: Oil Price - Neutral
  • Published on Jul 1, 2025

    Palm oil falls due to weak competition and lack of fundamentals

    The Malaysian palm futures continued to fall for the second consecutive session on Tuesday. This was due to the weakness of rival oils on the Dalian and Chicago market and the softer crude prices as a result of a lack fundamental triggers. By midday, the …

    Source: World Energy News - Connecticut - Pending
  • Published on Jul 1, 2025

    Gas prices hold steady ahead of Independence Day

    Average gasoline prices in Pennsylvania are unchanged in the last week, averaging $3.38/g Monday, according to GasBuddy’s survey of 5,269 stations in Pennsylvania. Prices in Pennsylvania are 13.4 cents per gallon higher than a month ago and stand 25.1 …

    Source: The Courier Express - Pennsylvania - Pending
  • Published on Jul 1, 2025

    Oil steadies as market weighs OPEC+ supply hike

    2025-07-01T08:03:14+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad/Erbil Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output hike in August in an upcoming meeting. …

    Source: Shafaq News - Indeterminate
  • Published on Jul 1, 2025

    Mideast Stocks: Major Gulf markets edge higher as investors assess Trump's tax bill

    Major stock markets in the Gulf edged higher in early trade on Tuesday in line with Asian shares as markets awaited a U.S. Senate vote on President Donald Trump's landmark tax and spending legislation. U.S. Senate Republicans on Monday evening were …

    Source: Zawya - Indeterminate
  • Published on Jul 1, 2025

    Asian shares tick up, dollar wobbles as investors ponder Trump's tax bill

    TOKYO: Asian shares crept higher and the dollar languished near multi-year lows on Tuesday as markets awaited a vote over U.S. President Donald Trump's landmark tax and spending legislation. Global share markets rallied to an intraday record on the …

    Source: The Malaysian Star - Indeterminate
  • Published on Jul 1, 2025

    Oil prices slip on expectations of OPEC+ output hike

    Oil prices traded lower during Tuesday's Asian deals, amid expectations of increased supply from OPEC+ and mounting concerns over a potential economic slowdown due to higher United States tariffs. By 3:25 pm AEST (5:25 am GMT) Brent crude for September …

    Source: Azzet - Pending
  • Published on Jul 1, 2025

    Kazakhstan may beat its oil output forecast by 2% in 2025, Reuters data shows

    Kazakhstan may exceed its previous oil production forecast by around 2% this year following an upgrade to output at its largest Caspian oilfields, Reuters calculations, based on data from state-owned energy company KazMunayGaz (KMGZ.KZ), showed. According …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 1, 2025

    July 4th Gas Prices Projected to Drop

    GasBuddy released its 2025 Independence Day gas price forecast, projecting the national average price of gas will fall to $3.15 per gallon on July 4, down nearly 35 cents from last year’s July 4 average to the lowest Independence Day price since 2021. …

    Source: Convenience Store Decisions - Neutral
  • Published on Jul 1, 2025

    Sierra Leone Stakes Next Oil Frontier Claim

    African countries have recently started making more and more headlines with their plans to develop local oil and gas reserves despite strong opposition from foreign environmentalist organisations and international lenders. The latest to join the oil and …

    Source: Oil Price - Neutral
  • Published on Jun 30, 2025

    Ghana’s Energy Crossroads: How global oil shocks are reshaping an African economy

    Introduction Ghana stands at a peculiar energy crossroads. The West African nation pumps crude oil from its Jubilee and TEN offshore fields, yet spends billions annually importing refined petrol and diesel to meet domestic demand. This paradox has left the …

    Source: Joy FM - Indeterminate
  • Published on Jun 30, 2025

    GasBuddy Independence Day report projects national average price of gas to fall

    WICHITA FALLS, Texas (KAUZ) - GasBuddy has released its 2025 Independence Day gas price forecast, projecting the national average price of gas to all to $3.15 per gallon on July 4. In the report, prices are down around nearly 35 cents compared to last year …

    Source: News Channel 6 - Texas - Pending
  • Published on Jun 30, 2025

    Indiana gas prices tick up ahead of July 4th, national average expected to drop

    INDIANA — Hoosiers are seeing a slight increase at the pump as average gasoline prices in Indiana have risen 14.5 cents per gallon over the past week, now averaging $3.24 per gallon today, according to GasBuddy’s survey of 3,271 stations. This puts Indiana …

    Source: 1340 AM WBIW - Indiana - Indeterminate
  • Published on Jun 30, 2025

    Roanoke gas prices up slightly over the last week; national average projected to fall

    ROANOKE, Va. (WDBJ/Gas Buddy Release) - Average gasoline prices in Roanoke have risen 3.2 cents per gallon in the last week, averaging $3.04 per gallon as of June 30, according to GasBuddy’s survey of 155 stations in Roanoke. Prices in Roanoke are 15.2 …

    Source: WDBJ7 - Virginia - Pending

02 days 23:22:37

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  • 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, …

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