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A service for global professionals · Tuesday, May 6, 2025 · 809,858,635 Articles · 3+ Million Readers
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  • 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

    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 May 5, 2025

    Global stock index near flat while bond yields rise, oil prices dip

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

    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

    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

    Occidental Petroleum (OXY) Stock Drops As Oil Prices Slide Ahead Of Earnings Report

    Occidental Petroleum Corp OXY shares fell 3.37% to $39.24 on Monday, tracking a broader decline in oil-related stocks after OPEC+ announced a significant output increase. What To Know: OPEC+ plans to boost production by 411,000 barrels per day in June, …

    Source: myMotherLode - Pending
  • 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

    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

    Oil prices plunge on output hike by OPEC+, surplus looms

    Oil prices fell more than 1% on Monday after major oil producers, members of OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a market already clouded by an uncertain demand outlook. OPEC+ …

    Source: Sabah - Pending
  • Published on May 5, 2025

    Rupee jumps 31 paise on falling crude oil prices

    The rupee rose 31 paise, or 0.37%, to 84.2475 against the US dollar on Monday, driven by a decline in crude oil prices. Brent crude prices plunged by up to 4.55% to $58.5 on Monday after the OPEC+ agreed to a further increase in output over the weekend, …

    Source: Financial Express - Neutral
  • Published on May 5, 2025

    WTI Crude Extends Selloff as OPEC+ Supply Surge Meets Recession Fears

    WTI opens below $56 after another OPEC+ output hike June production boost matches May’s surprise increase Geopolitical risks rising but not yet impacting price Support eyed at $55.12, with $54 and $49.33 below Summary WTI opened the week sharply lower as …

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

    Oil prices hit multi-year low after OPEC decides to increase production

    Crude oil prices fell to a multi-year low following OPEC+'s decision to accelerate production increases in June. During the Asian session on May 5, Brent futures tumbled as much as 4.6% to $58.50 a barrel, while West Texas Intermediate futures fell …

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

    Futures Slide, Jeopardizing Longest Winning Streak Since 2004; Dollar, Oil Tumble

    US equity futures are lower after the S&P gained 2.9% last week and erasing all post-Liberation Day losses. As of 8:00am, S&P futures were down 0.9%, putting the index on track to snap its longest streak of gains since 2004; Nasdaq futures dropped …

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

    Rupee ends higher, aided by stronger yuan and slumping oil prices

    Rupee ends higher, aided by stronger yuan and slumping oil prices The Indian rupee strengthened on Monday, tracking a rise in the offshore Chinese yuan and comforted by falling crude oil prices, even as dollar demand from importers and a large foreign bank …

    Source: ETBFSI.com - Pending
  • Published on May 5, 2025

    Nigerian crude falls below FG’s $65 benchmark as OPEC boosts output

    From Adanna Nnamani, Abuja Nigerian crude prices have slumped below the federal government’s benchmark of $65 per barrel. This comes as the Organisation of Petroleum Exporting Countries (OPEC) continues to raise production despite growing geopolitical …

    Source: The Sun Nigeria - Indeterminate
  • Published on May 5, 2025

    Saudi Arabia's Oil Power Play Jolts Markets: Can Diamondback And Rivals Withstand The Pressure?

    WTI crude oil futures slipped nearly 2% on Monday after OPEC+ announced it will increase production output by 411,000 barrels per day in June. This follows similar increases in April and May, bringing the total additional supply for those three months to …

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

    Wall Street loses ground and oil prices tumble after OPEC+ says it will step up...

    The Dow Jones Industrial Average fell 164 points, or 0.4% as of 9:56 a.m. Eastern time. The Nasdaq composite fell 0.8%. The losses were broad. Roughly 75 percent of stocks and every sector within the S&P 500 lost ground. Berkshire Hathaway fell 5.5% …

    Source: Journal News - Ohio - Pending
  • Published on May 5, 2025

    Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production

    NEW YORK (AP) — Stocks fell in morning trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ group announced plans to boost output. The S&P 500 fell 0.7%. The benchmark index is coming off of its ninth straight gain. The Dow …

    Source: The Call & Times - Rhode Island - Neutral
  • Published on May 5, 2025

    Weak Sentiment Amidst China-U.S. Trade Tensions

    Fading hopes of a quick trade deal between the U.S. and China dampened global market sentiment. Anxiety ahead of the Fed's interest rate decision on Wednesday also lingered. Wall Street Futures are trading in negative territory. Major markets in Europe …

    Source: RTTNews - Neutral

06 days 21:18:08

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