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A service for global professionals · Tuesday, May 6, 2025 · 810,085,947 Articles · 3+ Million Readers
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China OPEC News Monitoring

  • Published on May 5, 2025

    OPEC+ Output Increase Triggers Oil Price Drop Amid Global Demand Concerns

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil prices fell sharply following OPEC+'s decision to boost output, sparking fears of a global supply glut as demand struggles under the weight of ongoing trade tensions. The agreement reached at the …

    Source: MENAFN - Indeterminate
  • Published on 16:36 GMT

    Stocks drift lower on lack of trade progress, dollar slips again

    Global stocks drifted lower on Tuesday and the dollar dipped against major peers as concerns about tariffs and their impact on the economy lingered, while focus was turning to the Federal Reserve’s policy announcement on Wednesday. Investor attention has …

    Source: Hellenic Shipping News - Neutral
  • Published on May 5, 2025

    StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

    Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year, thanks to strong oil fundamentals, including declining U.S. supply growth and OPEC+ supply discipline. StanChart reported that non-OPEC+ …

    Source: Oil Price - Neutral
  • Published on 12:11 GMT

    Stocks turn lower on lack of trade progress, German politics

    LONDON: Global stocks dropped on Tuesday as concerns about tariffs and their impact on the economy lingered and as German conservative leader Friedrich Merz unexpectedly failed to secure the parliamentary votes required to become chancellor. Markets were …

    Source: Zawya - Indeterminate
  • Published on May 4, 2025

    Expect a battering on energy stocks: OPEC+ output boost pushes Brent below US$60/bbl

    Join our daily newsletter At The Bell to receive exclusive market insights In a turnaround from what has been cartel-wide policy in recent years, OPEC+ has over the weekend announced another oil production boost to come in June. Over the past two years, …

    Source: The Market Herald - Neutral
  • Published on May 4, 2025

    Breakfast briefing: US-China trade talks?

    Global equity markets made solid gains into the end of last week supported by signs of a potential de-escalation in the trade war between the US and China along with resilient US labour market data. China’s Ministry of Commerce said it is assessing the …

    Source: interest.co.nz - Neutral
  • Published on May 4, 2025

    Why Oil Stocks Plummeted in April

    While stocks have mostly recovered from April 2 "Liberation Day," oil prices haven't. The struggling oil price led to a severe down month for most oil and gas stocks. Saudi Arabia is threatening to increase supply even as demand questions …

    Source: Yahoo Finance - Pending
  • Published on May 4, 2025

    Oman’s oil output to rise to 775K bpd

    MUSCAT, MAY 4 Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required production level of 768,000 bpd set for May 2025. This follows a decision by eight Opec+ producers, including the Sultanate of Oman …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 4, 2025

    Nigerian Crude sells below $65 per barrel, OPEC revamps oil production

    Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical uncertainty. Nigerian cargoes loaded on May 10 remain unsold, reflecting a lack of enthusiasm from buyers …

    Source: Nairametrics - Neutral
  • Published on 08:22 GMT

    Stocks drift, dollar steadies as focus turns to Asian currencies

    Business Business Stocks drift, dollar steadies as focus turns to Asian currencies Close US tariffs and expectation of crude production hike have fuelled waves of dollar selling since April Published On: Tue, 06 May 2025 11:39:21 PKT SINGAPORE (Reuters) – …

    Source: Dunya News - Pending
  • Published on May 4, 2025

    Oil prices can drop more as OPEC+ ramps up supply again

    The production increase comes at a time when oil traders were already expecting further supply-side developments. Reports earlier in the week had pointed to internal discussions within OPEC+ about rebalancing compliance across member countries. Iraq and …

    Source: Gulf News - Gov't Propaganda
  • Published on May 4, 2025

    Falling Oil Prices: Record Output Meets Economic Slowdown

    The global economy is showing clear signs of cooling. One of the most telling indicators? Oil prices, which have been declining for months. Are we witnessing the dawn of a deflationary era after years of inflation? The futures price of the benchmark WTI ( …

    Source: The American Spectator - Virginia - Right-wing
  • Published on May 4, 2025

    Oil prices set for biggest weekly losses

    NEW YORK: Oil prices fell 1% on Friday and were set for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group’s output policy for June. Brent crude futures were down 65 cents, or 1.1%, …

    Source: Business Recorder - Neutral
  • Published on May 3, 2025

    The Trade War Is Already Hurting Oil Demand

    Signs have emerged that the U.S.-China trade war is already hitting oil demand in the shipping and aviation sectors, and this weakness could soon move into the U.S. trucking business and reduce diesel demand. Container traffic from China to the United …

    Source: Oil Price - Neutral
  • Published on May 3, 2025

    OPEC+ to extend crude oil output hike in June

    Major oil producing group OPEC Plus says it will accelerate production hikes in June, despite falling crude oil prices. Eight countries, including OPEC member Saudi Arabia and non-member Russia, met online on Saturday. They agreed to raise output by 411, …

    Source: NHK - Public Broadcaster
  • Published on May 3, 2025

    OPEC+ poised to approve another oil output hike for June amid weak price environment

    Eight key members of the OPEC+ alliance are expected to approve another accelerated oil output hike for June during their virtual meeting on Saturday, according to four sources cited by Reuters. The likely move follows the group’s larger-than-planned …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 4, 2025

    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. …

    Source: MENAFN - Indeterminate
  • Published on May 3, 2025

    OPEC+ announces accelerated oil output hike of 411,000 bpd in June

    Saudi Gazette report RIYADH — The OPEC+ countries have agreed on Saturday to an oil output hike for a second month in a row in June with 411,000 barrels per day. Last month, the eight OPEC+ countries made a larger-than-planned production increase for May, …

    Source: Saudi Gazette - Indeterminate
  • Published on May 3, 2025

    Crimea Summer Holiday, Spring Offensive Update, Russian Oil and Bread Queues

    This big Ukraine news this week outside Ukraine seems to all have been inside the Beltway. First, there was this “minerals/rare earth deal” between the US and Ukraine that got signed after several failed attempts. The other not-in-Ukraine-about-Ukraine …

    Source: Kyiv Post - Indeterminate

06 days 06:43:45

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