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Published on Jul 6, 2026

Oil prices little changed as Saudi cuts prices, OPEC+ boosts target

NEW YORK, July 6 : Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports through the Strait of …

Source: Channel News Asia - Pro-Government
Published on Jul 6, 2026

Iraq Approves Agreements with U.S. & Qatari Firms to Study Strategic Oil Pipelines

Iraq’s cabinet has approved several preliminary agreements with a foreign consortium, including major U.S. and Qatari firms, to evaluate routes for major new strategic oil export pipelines. According to an official cabinet statement released on July 5, …

Source: Pipeline Technology Journal - Neutral
Published on Jul 6, 2026

Opec+ countries to raise oil output after prices fall

A handful of countries in the Opec+ oil-producing alliance plan to modestly increase their output next month, bringing more oil online after fuel prices fell to levels not seen since before the US-Israeli war on Iran. The Organization of the Petroleum …

Source: Middle East Eye - Indeterminate
Published on 01:09 GMT

UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying

The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. …

Source: Zero Hedge - Right-wing
Published on Jul 6, 2026

UAE crude output nears record following OPEC exit, sources say

The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June after it quit OPEC to escape production caps, two sources familiar with production data said on Monday. June’s output was the highest since …

Source: Aaj News - Pending
Published on Jul 6, 2026

OPEC is in a struggle for its survival. It could mean $40 oil

The Iran war exposed a long-simmering feud within the world’s most powerful oil cartel, boiling over this spring when it contended with the biggest oil supply shock in history. Now OPEC, the largest consortium of oil-producing nations, faces a fight for …

Source: CNN - Neutral
Published on Jul 6, 2026

OPEC+ agrees to higher oil production ‘to support oil market stability’

After the Iran war choked off about a fifth of the world’s oil supply for several months, the world’s largest alliance of oil-producing nations agreed to increase its quota by another 188,000 barrels per day starting next month. Higher oil supplies can …

Source: Global News - Neutral
Published on Jul 6, 2026

OPEC+ Announces A Fresh Output Hike Of 188,000 Barrels Per Day For August As Global Oil Prices Ease.

OPEC+ Announces A Fresh Output Hike Of 188,000 Barrels Per Day For August As Global Oil Prices Ease. | X Seven members of the OPEC+ alliance will increase oil production by a combined 188,000 barrels per day in August, marking the fifth consecutive monthly …

Source: Free Press Journal - Neutral
Published on Jul 6, 2026

Oil prices settle at pre-Iran war levels as crude output grows

Published Tue, Jul 7, 2026 · 06:09 AM [NEW YORK] Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, Opec+ approved another production target increase starting in August, and exports through the …

Source: The Business Times Singapore - Neutral
Published on Jul 6, 2026

OPEC+ to increase oil production again

The OPEC+ alliance has agreed to increase oil production for a fifth consecutive month, announcing a further rise in output, beginning in August. The group says production will be increased by 188,000 barrels per day, compared with July levels. The …

Source: Radio Jamaica - Neutral
Published on Jul 6, 2026

Stocks worldwide have varying performance and oil prices decrease as OPEC+ announces intentions to increase production ...

On Monday, European shares experienced a boost as markets in Asia took a step back and US futures rose in anticipation of Wall Street's reopening after the Independence Day holiday. However, oil prices slipped after the announcement by OPEC+ on Sunday …

Source: xklsv news - Indeterminate
Published on Jul 6, 2026

Oil slips after OPEC+ plans August output hike

post Home > Business > Oil slips after OPEC+ plans August output hike Reading Time: < 1 minute TOKYO (AP) — European shares advanced Monday after a retreat in Asian markets and U.S. futures climbed ahead of Wall Street’s reopening following …

Source: The Trucker - Neutral
Published on Jul 6, 2026

Economy2 hours ago Nigeria Records Higher Crude Oil Production in May, June By Adedapo Adesanya Nigeria’s crude oil ...

By Adedapo Adesanya Nigeria’s crude oil production increased in May and June, according to data published by the Organisation of the Petroleum Exporting Countries (OPEC). The country’s output increased by 42,000 barrels per day to 1,530 million barrels in …

Source: BusinessPost Nigeria - Indeterminate
Published on Jul 6, 2026

Oil prices steady at pre-Iran war levels

Oil prices were stable around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices and after OPEC+ agreed to further increase its output targets from August, while exports from key producers via the Strait of Hormuz are …

Source: Business Recorder - Neutral
Published on Jul 6, 2026

3 Energy ETFs Surging Past 50% as Hormuz Crisis Reshapes Oil Markets in 2026

Quick Read Military action closed Hormuz and cut 10.5 million barrels per day, briefly driving OIH and XLE past 50% year-to-date before a June pullback. OIH's 64% one-year return masks a negative 3% average annual return since 2001 inception, making it …

Source: AOL - Neutral
Published on Jul 6, 2026

Saudis make biggest oil price cut in decades as market weakens

Baku, July 6, AZERTAC Saudi Arabia cut the price of its main crude grade for customers in Asia in August by the most in at least 26 years, as a surge of global supply heightens competition for buyers, according to Bloomberg. State producer Saudi Aramco …

Source: Azertag - Gov't Propaganda
Published on Jul 6, 2026

OPEC+ to prioritise oil supply over price floor until Hormuz normalises; Brent likely to stay below $85: Analyst

OPEC+ is unlikely to prioritise defending a minimum oil price in the near term and will instead focus on ensuring supply availability as shipping through the Strait of Hormuz remains only partially restored, according to Kotak Securities’ commodity expert …

Source: The Hindu Business Line - Neutral
Published on Jul 6, 2026

OPEC Plans Production Capacity Increase In August

Uche Cecil Izuora The Organization of Petroleum Exporting Countries (OPEC) has signaled intention to increase crude oil production in August. Seven OPEC+ members have already agreed to increase collective oil production by 188,000 bpd in August, …

Source: Oriental News Nigeria - Neutral
Published on Jul 6, 2026

OPEC+ to prioritise supply over prices, Brent seen below USD 85: Analyst

New Delhi OPEC+ is unlikely to focus on defending a price floor in the near term and will instead be more concerned with oil availability, as the Strait of Hormuz remains only half-normalized according to Anindya Banerjee, Senior Vice President and Head of …

Source: Awaz The Voice - Center-left

07 days 02:44:59

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Published on June 24, 2026 - 23:07 GMT

Higher oil prices from the war in the Middle East: assessing the headwinds for euro area growth

Prepared by Johannes Gareis The war in the Middle East has led to a sharp rise in oil prices and is likely to weigh noticeably on euro area economic activity. Following the outbreak of the war in late February 2026, Brent crude oil prices increased …

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Published on June 1, 2026 - 12:30 GMT

Parex Resources Completes Acquisition of Frontera E&P, Becoming Colombia’s Largest Independent Oil & Gas Producer

CALGARY, Alberta, June 01, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the successful closing of its previously announced acquisition of all the Colombian exploration and production assets of …

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Published on May 12, 2026 - 11:00 GMT

Parex Resources Positioned to Become Colombia’s Largest Independent Oil & Gas Producer, Provides Step-Change Guidance, ...

CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Company is poised to become Colombia’s largest independent oil and gas producer and to provide new corporate …

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Published on April 29, 2026 - 04:23 GMT

UAE Announces Withdrawal from OPEC, OPEC+ Oil Alliances

(MENAFN) The United Arab Emirates has announced plans to withdraw from both Organization of the Petroleum Exporting Countries and OPEC+, signaling a significant shift in its approach to energy policy and international oil cooperation. According to reports …

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Published on April 23, 2026 - 15:54 GMT

Oil and Gas Market Size and Growth 2026 | USD 78.8 Billion by 2034, At a CAGR of 14.45%

The global oil & gas market was valued at USD 23.4 Billion in 2025 and is projected to reach USD 78.8 Billion by 2034, at a CAGR of 14.45% (2026-2034). NEW YORK, NY, UNITED STATES, April 23, 2026 /⁨EINPresswire.com⁩/ -- According to a research …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 11, 2026 - 13:14 GMT

UAE’s OPEC Exit Plans Change in its Energy Strategy

(MENAFN) The United Arab Emirates’ reported decision to leave OPEC and the broader OPEC+ alliance marks a notable change in its energy strategy, potentially giving Abu Dhabi more autonomy over its oil production policy, according to analysis cited in …

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Published on April 29, 2026 - 08:22 GMT

Russia Weighs In on UAE Exit from OPEC, OPEC+

(MENAFN) Moscow has responded with measured composure to the United Arab Emirates' shock departure from the OPEC oil producer alliance, characterizing the move as an expression of national sovereignty while reaffirming Russia's commitment to the …

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Published on May 5, 2026 - 09:54 GMT

Russia Responds to UAE Exit From OPEC, Calls It Sovereign Decision

(MENAFN) Russia has reacted to the United Arab Emirates’ reported withdrawal from OPEC and the wider OPEC+ framework, describing the move as a sovereign national decision, according to statements from the Kremlin. A Kremlin spokesperson said Moscow …

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Published on July 6, 2026 - 20:48 GMT

ADIGE Radiators Provides Clarity on Government Proposals That Could Restrict Towel Rail Sales & Usage

New energy efficiency regulations would ban around half of current towel rail systems and limit usage to six hours daily. LONDON, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The Government is developing new energy efficiency regulations …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 6, 2026 - 18:16 GMT

Genesis Energy, L.P. Joins Alliance Gulf Star Program

Gulf Star investment from Genesis Energy, L.P. will support work to accelerate marsh restoration at the Brazoria National Wildlife Refuge along the Texas coast OCEAN SPRINGS, MS, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The Gulf of …

Distribution channels: Business & Economy, Companies ...
Published on July 6, 2026 - 16:20 GMT

PBIOS Announces National Petroleum Day Partnership and 2027 Show Dates

MIDLAND, TX, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The Permian Basin International Oil Show is proud to announce its partnership with National Petroleum Day as Presenting Sponsor of the 2026 National Petroleum Day Wall Street Tailgate …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 6, 2026 - 14:28 GMT

Needle Coke Market Driven by Rising Demand for Premium Graphite Electrodes and EV Batteries

Graphite electrodes are extensively used in electric arc furnaces and ladle furnaces for steel and non-ferrous metal production. WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The increasing adoption of super-premium needle …

Distribution channels: Chemical Industry, Energy Industry ...
Published on July 6, 2026 - 14:05 GMT

Satellite Surveillance Services Market Trends And Forecast Analysis Reveal Strong Long-Term Potential

The Business Research Company’s Satellite Surveillance Services Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The satellite surveillance …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on July 6, 2026 - 14:05 GMT

Safety-Certified Programmable Logic Controllers (PLCs) Market Report Examines Market Dynamics, Segment Insights

The Business Research Company’s Safety-Certified Programmable Logic Controllers (PLCs) Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The safety- …

Distribution channels: Business & Economy, Electronics Industry ...
Published on July 6, 2026 - 14:04 GMT

Green Ammonia Market Analysis: Europe Leads While Asia-Pacific Records Fastest Growth

Europe dominated the global green ammonia market in 2021, contributing nearly two-fifths of total revenue. WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global green ammonia market is poised for remarkable growth, driven …

Distribution channels: Chemical Industry, Energy Industry ...
Published on July 6, 2026 - 13:06 GMT

Antimony Market to Reach 140.27 Kilotons by 2031 as Semiconductor Demand Accelerates, Reports Mordor Intelligence

Antimony Market Led by Asia-Pacific, Driven by Semiconductor Manufacturing, Energy Storage Demand, and Expanding Electronics Production. HYDERABAD, TELANGANA, INDIA, July 6, 2026 /⁨EINPresswire.com⁩/ -- According to Mordor Intelligence, the global …

Distribution channels: Business & Economy, Chemical Industry ...
Published on July 6, 2026 - 12:00 GMT

Window Film Expert Shares Summer Heat and Glare Fixes for Greenville Homes

An XPEL-certified installer in Greenville outlines how homeowners can cut solar heat gain and screen glare without replacing their windows this summer. GREENVILLE, SC, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- As summer temperatures …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 6, 2026 - 11:30 GMT

Performance-Tuned Nanoporous Ferric Oxide becomes Commercially Available July 2026

Customized-to-application grain sizes & surface areas, unmatched catalytic reactivity speed & uniform dispersion (in certain composites) coming to eBay ALEXANDRIA, VA, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- Scheduled for mid- …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on July 6, 2026 - 10:39 GMT

Wind Turbine Generator Market Set for Major Expansion US$42.9 Billion by 2033, Growing at a CAGR of 9.3% from 2026–2033

Europe dominates wind turbine generator market with 35% share in 2025, driven by strong renewable policies and offshore wind leadership. LONDON, ENGLAND, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global Wind Turbine Generator Market is …

Distribution channels: Energy Industry ...
Published on July 6, 2026 - 08:18 GMT

Industrial Insulation Market Driven by Energy Efficiency and Expanding Industrial Infrastructure

Increasing adoption of industrial insulation in response to rapid construction, industrialization, and infrastructure development worldwide. WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global industrial insulation …

Distribution channels: Energy Industry, Food & Beverage Industry ...
Published on July 6, 2026 - 06:53 GMT

Top Overhead Crane Manufacturer Advances Intelligent Lifting Solutions for Global Industrial Growth

XINXIANG, HENAN, CHINA, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global material handling industry continues to evolve as manufacturers and industrial facilities pursue greater efficiency, automation, and workplace safety. Among the companies …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on July 6, 2026 - 05:33 GMT

Global Shift to Direct-to-Consumer Digital Channels Reshapes Distribution for Mobile Energy Storage and Solar Hardware

WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global consumer market for off-grid power solutions is undergoing a permanent structural realignment as procurement behaviors shift away from conventional brick-and-mortar …

Distribution channels: Electronics Industry, Emergency Services ...
Published on July 6, 2026 - 05:31 GMT

GEYOTO Releases Engineering Framework for High-Velocity Portable Power Station With Built-In Wireless Charging Markets

WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The integration of consumer electronics with mobile energy storage systems has accelerated rapidly, driven by demand from outdoor industries and emergency response teams for …

Distribution channels: Electronics Industry, Emergency Services ...
Published on July 6, 2026 - 05:30 GMT

Rise in Full-Time RV Living Drives Demand for Advanced Lightweight Portable Power Station Technology

WILMINGTON, DE, UNITED STATES, July 6, 2026 /⁨EINPresswire.com⁩/ -- The global expansion of remote work has accelerated the transition toward full-time vehicular living, prompting digital nomads and mobile professionals to seek more decentralized …

Distribution channels: Electronics Industry, Emergency Services ...
Published on July 6, 2026 - 04:33 GMT

CHASING X Industrial ROV Turns Venezuela Offshore Platform Inspection Into Lifecycle Asset Data

INMARVENCO combined five layers of subsea inspection data in one diverless workflow, linking field operations with engineering review and future comparisons. MARACAIBO, VENEZUELA, July 6, 2026 /⁨EINPresswire.com⁩/ -- An offshore inspection can …

Distribution channels: Companies, Energy Industry ...
Published on July 6, 2026 - 04:00 GMT

Furuno to deliver keynote at 'Auden TechDay 2026' in Taiwan

NISHINOMIYA, HYOGO, JAPAN, July 6, 2026 /⁨EINPresswire.com⁩/ -- We are pleased to announce that Takahiko Ikeda, General Manager of the Development Department, System Products Division, will deliver a keynote address at the technology conference "Auden …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on July 5, 2026 - 16:07 GMT

Missile Interceptors Market Growth Accelerates As Industry Expected To Reach $19.87 Billion By 2030

The Business Research Company’s Missile Interceptors Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The missile interceptors market has …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on July 5, 2026 - 16:05 GMT

Insulated Overhead Line Market Insights Report Analyzing Demand Trends And Competitive Positioning

The Business Research Company’s Insulated Overhead Line Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, July 6, 2026 /⁨EINPresswire.com⁩/ -- The insulated overhead line market has …

Distribution channels: Business & Economy, Electronics Industry ...