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District of Columbia OPEC News Monitoring

  • Published on Jun 14, 2025

    Putin's Oil Empire Gets Double Boost

    The U.S. will not back an EU proposal to impose a price cap on Russian oil that seeks to curb revenues for Russian President Vladimir Putin's war machine, according to Bloomberg. Russia could also benefit from the spike in oil prices following Israel…

    Source: Newsweek - Left-wing
  • Published on Jun 11, 2025

    Gas Prices Ease as Summer Driving Season Begins

    BEND, Ore. (KTVZ) – Gas prices are ticking down in most states, including Oregon. Refineries are cranking out plenty of product for the summer driving season. However, the price of crude oil has climbed above $65 per barrel, which could cause pump prices …

    Source: KTVZ - Oregon - Neutral
  • Published on Jan 28, 2025

    Gas Prices Make Slight Changes

    After rising last week in response to climbing crude oil prices, gas prices are stuck in neutral this week with minimal changes. Oil prices have settled down and that’s keeping pump prices relatively stable ahead of seasonal increases that typically begin …

    Source: K103 Portland - Oregon - Pending
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  • Published on June 3, 2025 - 20:52 GMT

    The downside oil market risks of a new Iran deal

    After five rounds of negotiations to date, the United States and Iran have yet to reach a new agreement on the Iranian nuclear program, though reportedly the two sides have made some limited progress and plan to meet again. Most of the Middle East is …

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  • Published on June 1, 2025 - 11:08 GMT

    OPEC+ Ramps Up Oil Output by 411,000 BPD in July

    (MENAFN) On Saturday, the Organization of the Petroleum Exporting Countries (OPEC) and its allied producers, collectively called OPEC+, revealed plans to ramp up oil production by 411,000 barrels per day (bpd) starting in July. This decision was reached …

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