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OPEC & Crude Oil News Monitoring

  • Published on Jul 1, 2025

    Crude Oil Price Pressured by Global Oversupply Concerns

    Floating oil rig in ocean by Keri Jackson via Pixabay August WTI crude oil (CLQ25) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25) is down -0.41 (-0.20%). Crude oil and gasoline prices are under pressure today due to expectations that OPEC+ …

    Source: Yahoo Finance - Center-left
  • Published on Jul 1, 2025

    U.S. Crude Oil Price Forecast: WTI Rises As Focus Shifts To Upcoming API Report

    Tuesday, July 1, 2025 2:04 PM EDT Image Source: Pixabay West Texas Intermediate (WTI) Crude Oil is staging a mild rebound on Tuesday, as traders continue to monitor supply and demand dynamics. WTI Crude Oil is trading near $65.00, with intraday gains …

    Source: myMotherLode - California - Pending
  • Published on Jul 1, 2025

    Crude Oil Rises As Dollar Dips

    Crude oil prices rallied close to a percent on Tuesday amidst the dollar's retreat. The Dollar's plunge came amidst President Donald Trump's massive tax-cut and spending bill that fueled fiscal worries as well as the uncertainty around trade …

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

    Dollar Weakness and Iran Concerns Boost Crude Oil Prices

    Stacked oil barrels by JONGHO SHIN via iStock August WTI crude oil (CLQ25) today is up +0.30 (+0.46%), and August RBOB gasoline (RBQ25) is up +1.26 (+0.61%). Crude oil and gasoline prices are rising today after the dollar index (DXY00) fell to a 3 1/3- …

    Source: Yahoo Finance - Center-left
  • Published on 01:45 GMT

    Oil prices little changed as investors look ahead to OPEC+ meeting

    SINGAPORE (Reuters) -Oil futures were little changed on Wednesday as investors are wary ahead of a meeting of major producers this week to determine output levels for August. Brent crude was up 1 cent at $67.12 a barrel at 0124 GMT, while U.S. West Texas …

    Source: Yahoo Finance - Center-left
  • Published on Jul 1, 2025

    OPEC Tensions Build as Kazakhstan's Oil Production Hits All-Time High

    Kazakhstan’s crude oil output jumped 7.5% in June to 1.88 million barrels per day (bpd), matching the country’s all-time high set in March, according to figures leaked to Reuters. This puts Kazakhstan well over its official OPEC+ quota of 1.5 million bpd, …

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

    Iraq Claims Top Spot Among OPEC Crude Suppliers To The US

    Authored by Charles Kennedy via OilPrice.com, Iraq exported nearly 7 million barrels of crude to the U.S. in May, surpassing all other OPEC members. The surge in Iraqi shipments meets U.S. demand for heavier Middle Eastern crude grades amid OPEC+ output …

    Source: Zero Hedge - Right-wing
  • Published on Jul 1, 2025

    Oil settles up on signs of strong demand, investors await Opec+ decision

    [NEW YORK] Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an Opec+ meeting to decide the group’s August output policy. Brent crude settled up 37 cents, or 0.6 per cent, at …

    Source: The Business Times Singapore - Neutral
  • Published on Jul 1, 2025

    Crude oil prices fall as markets anticipate supply surplus 

    Crude oil futures traded lower on Tuesday morning as markets anticipated that OPEC+ (Organisation of the Petroleum Exporting Countries and allies) would increase production in August. At 9.53 am on Tuesday, September Brent oil futures were at $66.43, down …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 1, 2025

    Oil rises on signs of strong demand, investors await OPEC+ output decision

    NEW YORK: Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group’s August output policy. Brent crude was up 18 cents, or 0.3%, to $66.92 a …

    Source: Business Recorder - Neutral
  • Published on Jul 1, 2025

    India’s crude oil demand to grow 5.37% till 2030; natural gas output seen rising to 57.4 BCM

    New Delhi: India’s total demand for petroleum products is projected to grow at a compound annual growth rate (CAGR) of 5.37 per cent from 2025 to 2030, with diesel, petrol, aviation turbine fuel (ATF), and petroleum coke expected to drive the surge, …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Jul 1, 2025

    U.S. Crude Oil Output Hits Record in April as Refining Margins Tighten

    U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly released data from the Energy Information Administration. The increase of 0.4% over March volumes reinforces America’s standing as the …

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

    Government raises natural gas prices to $6.89/mBTU amid rising crude oil tension

    Under the Kirit Parikh formula, APM gas prices are revised and determined as a 10 per cent slope to crude oil prices, but with a floor and ceiling price | Photo Credit: Siva SaravananS The government has raised the price of natural gas under the …

    Source: The Hindu Business Line - Neutral
  • Published on Jun 30, 2025

    Crude oil prices may fall below $60 by year-end, says S&P Global; India to benefit

    India stands to benefit from falling prices and has already reduced its dependence on the Strait of Hormuz from 55% to 41% by increasing Russian crude imports.  In a sigh of relief for India, S&P Global Commodity Insights predicts crude oil prices to …

    Source: The Hindu Business Line - Neutral
  • Published on Jun 30, 2025

    Crude oil futures decline as Israel-Iran ceasefire holds

    Brent crude prices declined by over 13 per cent last week after the US brokered a ceasefire between Israel and Iran. Crude oil futures traded lower on Monday morning amid signs of easing geopolitical tensions between Israel and Iran. At 9.56 am on Monday, …

    Source: The Hindu Business Line - Neutral
  • Published on Jun 29, 2025

    Brent Crude Oil Price Forecast Ahead Of OPEC+ Meeting

    Sunday, June 29, 2025 11:15 AM EDT Image Source: Unsplash Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased. It plunged from a high of $80.13 on Monday to the current $67.9, its lowest level …

    Source: myMotherLode - California - Pending
  • Published on Jun 29, 2025

    Crude Oil Settles Higher on US-China Trade Optimism

    A sunset over a fuel tanker by Sebastian via Pixabay August WTI crude oil (CLQ25) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday.  Crude found support on …

    Source: Yahoo Finance - Center-left
  • Published on Jun 30, 2025

    Oil Prices Dip as OPEC+ Boosts Supply

    Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav - Jun 30, 2025, 1:57 AM CDT Crude oil prices fell at the start of the week due to an anticipated increase in OPEC+ …

    Source: Oil Price - Neutral
  • Published on 02:35 GMT

    Oil rises on signs of strong demand

    NEW YORK: Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group’s August output policy. Brent crude was up 18 cents, or 0.3%, to $66.92 a …

    Source: Business Recorder - Neutral

06 days 00:11:53

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  • Published on June 30, 2025 - 19:06 GMT

    Oil Prices See Uptick as Weaker Dollar Fuels Demand

    (MENAFN) Oil prices saw a modest uptick on Monday, as traders sought to capitalize on last week's declines while a weaker US dollar fueled demand. Brent crude, the global benchmark, gained 0.37%, reaching $66.58 per barrel at 10:32 a.m. local time ( …

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  • Published on June 30, 2025 - 19:06 GMT

    Oil Prices Rise Amid Dollar Weakness

    (MENAFN) Oil values experienced a slight increase on Monday as market participants moved to benefit from the prior week’s downward trend, with a diminishing US dollar further enhancing demand. The global yardstick, Brent crude, climbed by 0.37 percent, …

    Distribution channels: ...
  • Published on June 30, 2025 - 10:08 GMT

    Oil rates increase on recent US data

    (MENAFN) Oil prices rose again on Thursday as investors reacted to new US inventory data and ongoing instability in the Middle East. Brent crude, the global benchmark, edged up by 0.2% to $67 per barrel, while US West Texas Intermediate (WTI) crude …

    Distribution channels: ...
  • Published on June 30, 2025 - 10:45 GMT

    W&T Announces Positive Court Finding Regarding Remaining Surety Provider Claims

    HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that U.S. Magistrate Judge Dena Palermo recommended denying two surety companies motions for preliminary injunction, through which …

    Distribution channels: Law ...
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