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Venezuela OPEC Newswire

  • Published on 06:22 GMT

    Oil under $65 a boon for consumers, but a burden on producers

    US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic.  That is good news for consumers but not so …

    Source: Voices News - Connecticut - Neutral
  • Published on 10:06 GMT

    Oil below $65 comes as boon for consumers, but burden on producers

    U.S. President Donald Trump's tariffs, his famous call to "drill baby drill," but particularly a decision by a group of the world's top producers to hike crude output quotas have oil prices trading at lows not seen since the COVID-19 …

    Source: Sabah - Pending
  • Published on 14:11 GMT

    Oil at less than 65 dollars? Good for consumers, bad for production

    A positive scenario for consumers, less so for producers. Brent crude is currently trading below $65 per barrel, a significant drop from its 2022 levels following Russia’s invasion of Ukraine. Back then, it was well above $100, even surpassing $120. Here’s …

    Source: Portugal Pulse - Neutral
  • Published on 04:24 GMT

    Oil Market Waiting For Clear Signals As Pushes And Pulls Exert Divergent Pressures

    (MENAFN- The Arabian Post) By K Raveendran Brent crude oil futures continue to hover around the $65 per barrel mark, a level that reflects the push and pull of market forces clouded by a cocktail of geopolitical tensions, environmental disruptions, and …

    Source: MENAFN - Indeterminate
  • Published on May 30, 2025

    Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets

    A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ with …

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

    Mixed trend in oil prices as market remains volatile

    Consumers can expect another mixed oil price movement next week on continued volatility in the world oil market. Department of Energy Oil Industry Management Bureau (OIMB) director Rodela Romero said the 4-day trading in the Mean on Platts Singapore (MOPS …

    Source: Manila Standard - Pro-Government
  • Published on May 29, 2025

    Oil prices drop on demand concerns in volatile session as U.S. court blocks Trump tariffs

    Open this photo in gallery:Oil futures on Thursday saw some losses after Energy Information Administration data showed U.S. crude inventories posted a surprise draw, falling by 2.8 million barrels to 440.4 million barrels.Jennifer Hiller/Reuters Oil …

    Source: The Globe and Mail - Neutral
  • Published on May 30, 2025

    Oil Markets Await Clear Signals From OPEC+

    WTI futures ended Thursday’s session just below a $62.59 pivot, paring earlier gains as a late-week rally fizzled. Crude prices initially rose following a U.S. trade court ruling that overturned broad Trump-era tariffs, which briefly lifted sentiment …

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

    Oil prices down for a second week ahead of Opec+ output decision

    Oil prices slipped on Friday and posted a second consecutive weekly decline as the Opec+ alliance prepares for its meeting this weekend, where it is expected to announce its third major output increase. Brent, the benchmark for two thirds of the world' …

    Source: The National News - Pro-Government
  • Published on May 30, 2025

    Oil falls as investors assess US court ruling on Trump tariffs

    NEW YORK: Oil prices fell over 1% on Thursday, retreating from earlier gains, as investors weighed the potential effects of a US court ruling that blocked the most sweeping of President Donald Trump's tariffs. The market also watched for potential new …

    Source: The Malaysian Star - Indeterminate
  • Published on May 29, 2025

    Oil prices fall over 1% after U.S. court blocks broad Trump tariffs

    Oil prices fell over 1% on Thursday, retreating from earlier gains as investors considered the impact of a U.S. court ruling that blocked the broadest tariffs proposed by President Donald Trump. Brent crude futures settled down 75 cents, or 1.2%, at $64.15 …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 29, 2025

    Oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs

    [NEW YORK] Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China, while the market also watched for potential new US sanctions curbing Russian crude flows and an Opec+ …

    Source: The Business Times Singapore - Neutral
  • Published on May 29, 2025

    Oil prices climb as US court blocks Trump tariffs

    TOKYO : Oil prices rose on Thursday after a U.S. court blocked President Donald Trump's tariffs from taking effect, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in …

    Source: Channel News Asia - Pro-Government
  • Published on May 29, 2025

    Oil prices advance as US court blocks Trump tariffs

    LONDON: Oil prices rose on Thursday after a U.S. court blocked most of President Donald Trump’s tariffs, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in July. Brent …

    Source: Business Recorder - Neutral
  • Published on May 29, 2025

    Mideast Stocks: Most Gulf markets rise in early trade tracking firmer oil prices

    Most Gulf stock markets rose in early trade on Thursday, tracking stronger oil prices, after a U.S. trade court blocked most of President Donald Trump's "Liberation Day" tariffs from going into effect. Oil prices - a catalyst for markets in …

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

    Oil prices climb after Trump tariffs blocked

    Oil prices rose during Thursday's Asian session following a significant legal setback for United States President Donald Trump, as a U.S. trade court ruled against a broad set of tariffs imposed during his administration. At 2:50 pm AEST (4:50 am GMT), …

    Source: Azzet - Pending
  • Published on May 29, 2025

    Oil climbs after US court blocks Trump’s tariffs

    Tokyo — Oil prices rose on Thursday after a US court blocked most of President Donald Trump's tariffs from taking effect, while the market was watching out for potential new US sanctions curbing Russian crude flows and an Opec+ decision on hiking …

    Source: Business Day - Neutral
  • Published on May 29, 2025

    Middle East Crude-Benchmarks rise for a second session as oil steadies

    Middle East crude benchmarks Oman, Dubai and Murban rose for a second session on Wednesday, as oil prices held steady on Wednesday after the U.S. barred Chevron CVX from exporting crude from Venezuela. The market, however, remains under supply pressure, …

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

    Chevron Ouster And Trump Tariff Block Cause Oil To Extend Its Gains

    Meanwhile, OPEC decides not to tamper with output - for now: File Image/Pixabay Fickle oil traders on Wednesday pivoted effortlessly from worrying about global oversupply to expressing concern about supply tightness due to Chevron's Venezuelan …

    Source: Ship & Bunker - Neutral

30 days 19:18:48

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