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A service for global professionals · Tuesday, May 6, 2025 · 809,812,353 Articles · 3+ Million Readers
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China OPEC News Monitoring

  • Published on 00:09 GMT

    OPEC Oil Slumps in April Despite Plans to Raise Output 

    Crude production from the Organisation of Petroleum Exporting Countries (OPEC) fell in April, despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the the oil cartel …

    Source: This Day - Pro-Government
  • Published on May 5, 2025

    OPEC+ Throws ‘Bombshell to the Oil Market’

    [Stay on top of transportation news: Get TTNews in your inbox.] OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging. Key …

    Source: Transport Topics - Neutral
  • Published on May 5, 2025

    Oil Prices Sink After OPEC+ Agrees to Boost Produc

    U.S. crude oil prices fell by more than 1 percent on May 5, after eight major energy producers agreed over the weekend to accelerate production. West Texas Intermediate (WTI), a U.S. benchmark for oil prices, tumbled by 1.5 percent to below $58 a barrel on …

    Source: NTD - Right-wing
  • Published on May 5, 2025

    OPEC+ navigating risky experiment by backtracking cuts / Rystad Energy oil market note

    OPEC+ stands at a risky crossroads as the group experiments with bringing higher supply to market than previously announced, testing the market ahead of June. Rystad Energy believes the group’s rescheduled meeting to 3 May signals their resolve to bring …

    Source: American Journal of Transportation - Neutral
  • Published on 02:42 GMT

    Top 10 at 11: ASX opens flat as falling oil price and US losses weigh on market

    With six sectors up and five down, the ASX could go in either direction today. Pic: Getty Images. Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at …

    Source: Stockhead - Neutral
  • Published on May 5, 2025

    OPEC Just Created The Income Trade Of The Decade

    If you have been around the energy markets long enough, you know crude oil has a flair for the dramatic. When it sells off, it does not just trickle down; it falls off a cliff. The rebound is vicious, fast and usually overdue when it finally wakes up. The …

    Source: Benzinga - Neutral
  • Published on 00:49 GMT

    China Shares May Return To The Downside

    Ahead of the long holiday weekend, the China stock market had finished lower in four straight sessions, sliding more than 20 points or 0.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point plateau and it may open …

    Source: RTTNews - Neutral
  • Published on 00:33 GMT

    Oil ends at four-year lows as Opec+ accelerates output hikes

    [NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain. Brent crude futures settled …

    Source: The Business Times Singapore - Neutral
  • Published on May 5, 2025

    Global stock index dips while bond yields rise, oil prices drop

    Wall Street mixed, European shares rise slightly * Oil prices fall on OPEC+ news, gold rises * Bond yields rise, Taiwan dollar surges vs greenback By Sinéad Carew, Dhara Ranasinghe NEW YORK/ LONDON, May 5 (Reuters) - MSCI's global equities index …

    Source: London South East - Neutral
  • Published on May 5, 2025

    Gulf markets mostly retreat as oil prices slide and trade tensions loom

    Most stock markets across the Gulf closed in the red on Monday, dragged down by falling oil prices and investor unease over possible shifts in U.S.-China trade dynamics. Brent crude prices dropped over 1% following the weekend announcement from OPEC+ to …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 5, 2025

    Big Oil Holds Steady on Dividends Despite Oil Price Slump

    The world’s biggest international oil and gas firms are sticking to their dividend distribution policies as most met or exceeded analyst expectations of first-quarter profits. BP and Chevron reduced the pace of their share buybacks for the second quarter, …

    Source: Oil Price - Neutral
  • Published on May 5, 2025

    International oil prices drop to KSh 7k per barrel, impacts to Kenya

    Oil prices in the international market dropped significantly in the second week of May 2025 to $60 (KSh 7,755) per barrel of Brent Crude The decrease was attributed to a significant increase in production announced by oil-producing countries (OPEC+) in the …

    Source: TUKO - Neutral
  • Published on May 5, 2025

    ConocoPhillips (COP) Stock Falls on OPEC+ Supply Hike, Lower Oil Prices

    ConocoPhillips COP shares fell 3.1% to $88.54 Monday afternoon as crude oil prices declined following OPEC+'s announcement to boost oil production. What To Know: West Texas Intermediate (WTI) crude futures dropped around 2% after the group said it …

    Source: Benzinga - Neutral
  • Published on May 5, 2025

    Oil prices fall to four-year low as OPEC+ hikes production

    Oil prices dropped more than $1 per barrel on Monday, settling at their lowest levels since February 2021, as OPEC+ accelerated its planned production increases amid growing concerns about global supply and uncertain demand. According to Reuters, Brent …

    Source: Business Day - Neutral
  • Published on 02:24 GMT

    Top 10 largest crude oil producers in the world

    Crude oil remains a cornerstone of the global energy economy, with a few key nations dominating production. As of the most recent figures, the United States retains its position as the world’s largest crude oil producer, followed closely by Russia and …

    Source: Business Insider Africa - Neutral
  • Published on May 5, 2025

    CBOD Market Outlook: Global oil prices slide amid US-China trade war

    The Chamber of Bulk Oil Distributors (CBOD), in its latest Market Outlook for the May 1–15, 2025 pricing window, highlights key global and local market developments expected to influence fuel prices in Ghana. Despite a modest 1.38% rise in global oil …

    Source: GhanaWeb - Neutral
  • Published on May 5, 2025

    Wall Street slips, snapping 9-day rally as oil prices hit 4-year low

    Stocks closed lower on Wall Street Monday, breaking a nine-day winning streak, as oil prices hit a four-year low after the OPEC+ group announced plans to increase output. The losses came amid a relatively calm day of mostly mixed trading. They follow …

    Source: India Today - Neutral
  • Published on May 5, 2025

    Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says

    Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese Minister of Finance, Winston Jordan, told Stabroek News in an …

    Source: Oil Price - Neutral
  • Published on May 5, 2025

    Oil loses more than $1 a barrel as OPEC+ accelerates output hikes, surplus looms

    NEW YORK/LONDON: Oil prices fell by more than $1 a barrel on Monday after OPEC+ decided to expedite its output hikes, causing concerns about more supply amid an uncertain demand outlook. Brent crude futures were down $1.06, or 1.7%, to $60.23 a barrel …

    Source: Business Recorder - Neutral

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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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  • Published on May 5, 2025 - 20:01 GMT

    Letter to Stockholders Issued by Diamondback Energy, Inc.

    MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- Diamondback Stockholders, This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange Commission (SEC) and released to our stockholders …

    Distribution channels: ...
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