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A service for global professionals · Tuesday, July 8, 2025 · 829,475,384 Articles · 3+ Million Readers
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  • Published on 12:33 GMT

    Oil Market Shrugs Off OPEC+ Supply Increase

    Oil prices managed to settle higher yesterday despite the announced supply increase from OPEC+ Energy – Oil Rallies Despite OPEC+ Supply Increase While prices initially slid yesterday following a larger-than-expected OPEC+ supply hike, the market managed …

    Source: Investing - Neutral
  • Published on 09:14 GMT

    The price of oil stagnates, until Trump’s decision to apply new trade tariffs

    0 The price of oil remains stagnant after OPEC+ decided to increase production in the month of August. US President Donald Trump continues to threaten with a new round of trade tariffs, and traders are in a state of waiting, writes IPN, citing Mediafax. …

    Source: IPN - Neutral
  • Published on 07:55 GMT

    Oil declines as traders take stock of US tariffs and OPEC+ shift

    Oil fell for the third time in four days as investors focused on the impact from a wave of US trade levies and a decision by OPEC+ to restore more of the group’s idled capacity. Global benchmark Brent dropped toward $69 a barrel, while West Texas …

    Source: The Hindu Business Line - Neutral
  • Published on 06:02 GMT

    Oil swings as traders assess Trump tariffs, Red Sea attacks

    (Bloomberg) — Oil fluctuated as traders weighed President Donald Trump’s latest wave of tariff threats against fresh tensions in the Middle East. Most Read from Bloomberg West Texas Intermediate crude (CL=F) flipped between gains and losses near $68 a …

    Source: Yahoo Finance - Center-left
  • Published on 05:51 GMT

    Oil Jumps As New-Found Bears Shrug Off OPEC's Massive Output Boost

    Analysts now think strong demand is driving the market: File Image/Pixabay Despite the Organization of the Petroleum Exporting Countries (OPEC) boosting output more than expected for August, oil traders responded strongly to signs of strong demand – …

    Source: Ship & Bunker - Neutral
  • Published on 02:54 GMT

    Oil steadies as traders focus on US tariffs, Red Sea attacks

    Oil steadied as investors turned their attention to the potential fallout from US levies and an escalation of hostilities in the Red Sea. Brent held near $69 a barrel after advancing 1.9% on Monday, and West Texas Intermediate was below $68. US President …

    Source: CNBC-TV18 - Center-left
  • Published on 02:34 GMT

    Oil prices gain as strong demand offsets big OPEC+ output hike

    HOUSTON: Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of US tariffs. Brent crude futures rose 91 cents, or 1.3%, to $69.20 by 12:20 …

    Source: Business Recorder - Neutral
  • Published on Jul 7, 2025

    Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike

    HOUSTON :Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ output hike for August and fresh concerns about the potential impact of U.S. tariffs. Brent crude futures settled up …

    Source: Channel News Asia - Pro-Government
  • Published on Jul 7, 2025

    Oil Closes At Session High As Houthi Rebels Hit Second Greek Vessel In Red Sea

    By Charles Kennedy of OilPrice.com A Greek-operated bulk carrier was attacked in the Red Sea on Monday in the second Houthi strike on commercial shipping in less than 24 hours, stoking fears of a renewed escalation in one of the world’s most critical oil …

    Source: Zero Hedge - Right-wing
  • Published on Jul 7, 2025

    Oil rises as strong demand offsets big OPEC+ output hike

    HOUSTON — Oil rose 1 per cent on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs. Brent crude futures LCOc1 rose 91 cents, or 1.3 per …

    Source: BNN Bloomberg - Neutral
  • Published on Jul 7, 2025

    Oil Gains on Saudi Price Hike

    Oil rose as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, a vote of confidence that the market can absorb extra OPEC barrels. West Texas Intermediate crude advanced more than 1% to settle just below $68 a barrel, …

    Source: Rigzone - Neutral
  • Published on Jul 7, 2025

    Oil rises as demand outweighs Opec+ output hike

    Houston — Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected Opec+ output hike for August and concerns about the potential impact of US tariffs. Brent crude futures rose 79c, or 1.2%, to $69.08 by …

    Source: Business Day - Neutral
  • Published on Jul 7, 2025

    OPEC increases supply as Trump delays tariffs

    Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers in Asia, according to Bloomberg. The hike adds $1 per barrel, bringing the premium to $2.20 above the benchmark starting in August …

    Source: Cryptopolitan - Indeterminate
  • Published on Jul 5, 2025

    Brics leaders meet under pressure from tariffs, oil shocks and climate rifts

    When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy instability …

    Source: The National News - Pro-Government
  • Published on Jul 7, 2025

    First Thing Today | Heavy post-holiday selling in grains overnight

    Good morning! Heavy pressure on grains overnight... Corn, soybeans and wheat faced heavy selling overnight coming out of the holiday weekend. As of 6:30 a.m. CT, corn futures are trading 12 to 13 cents lower, soybeans are 19 to 20 cents lower, winter wheat …

    Source: Profarmer - Pending
  • Published on 13:07 GMT

    Futures Rebound As Markets Celebrate TACO Tuesday

    US equity futures rise as Trump leaves the door open for more discussions despite the 14 tariff letters sent yesterday and the extension of the deadline to Aug 1 which is "not 100% firm." As of 8:15am ET, S&P futures rise 0.1% and Nasdaq …

    Source: Zero Hedge - Right-wing
  • Published on Jul 7, 2025

    AP Business SummaryBrief at 2:08 p.m. EDT

    Trump to put 25% tariffs on Japan and South Korea WASHINGTON (AP) — President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia. Trump provided …

    Source: Voice of Alexandria - Minnesota - Pending
  • Published on Jul 7, 2025

    Energy Demand Optimism and Houthi Rebel Attacks on Red Sea Shipping Boost Crude Prices

    A sunset over a fuel tanker by Sebastian via Pixabay August WTI crude oil (CLQ25) today is up +0.59 (+0.88%), and August RBOB gasoline (RBQ25) is up +0.0243 (+1.15%). Oil prices today recovered from early losses and rallied to 2-week highs after Saudi …

    Source: Yahoo Finance - Center-left
  • Published on Jul 7, 2025

    Futures Drop Ahead Of July 9 Tariff Deadline

    US equity futures are weaker with investors on edge about the potential for more tariffs from the Trump administration as we head into the July 9 deadline which appears to have been rolled to Aug 1. As of 8:15am ET, S&P 500 contracts declined 0.2% …

    Source: Zero Hedge - Right-wing

06 days 09:44:59

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  • Published on July 7, 2025 - 10:51 GMT

    OPEC+ Fast-Tracks August Oil Production

    (MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

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  • Published on July 8, 2025 - 12:35 GMT

    Dangote Petroleum Refinery in Nigeria boasts capacity of over 600,000 barrels per day

    (MENAFN) The Dangote Petroleum Refinery in Nigeria, boasting a refining capacity of over 600,000 barrels per day (around 0.5% of global refining capacity), has gained international recognition, partly due to widespread media coverage. Initially hailed as …

    Distribution channels: ...
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