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A service for global professionals · Wednesday, May 14, 2025 · 812,511,798 Articles · 3+ Million Readers
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Middle East OPEC News Monitoring

  • Published on May 13, 2025

    Refinery Fire Causes Gas Price Increase

    Gas prices are rising in Oregon and other West Coast states after a fire last week at a refinery in Benicia, California in the Bay Area. The Valero refinery produces 145,000 barrels per day. Any kind of disruption to a refinery or pipeline on the West …

    Source: K103 Portland - Oregon - Pending
  • Published on May 13, 2025

    The Latest: Trump is in Saudi Arabia on the first leg of his 4-day Mideast trip

    Here's the Latest: Airport greeting by Saudi crown prince a rare honor for US presidents Saudi crown prince’s airport greeting for Trump underscores the close relationship the de facto ruler of the kingdom wants to have with the American leader. …

    Source: The Atlanta Journal-Constitution - Georgia - Neutral
  • Published on May 13, 2025

    Oil prices rise, but supply concerns limit gains

    Oil prices rose on Tuesday, but gains were limited by concerns over rising supplies and uncertainty about how long a trade truce between the United States and China will last. Brent crude futures climbed 65 cents, or about 1%, to $65.61 a barrel by midday …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 13, 2025

    Trump gives Saudi speech urging Iran towards a ‘new and a better path’

    The president said at the US-Saudi investment conference, during a four-day Middle East trip, that he wants to avoid conflict with Tehran. “As I have shown repeatedly, I am willing to end past conflicts and forge new partnerships for a better and more …

    Source: Epsom Guardian - Pending
  • Published on May 13, 2025

    Crude oil climbs more than $1 on tariff cuts, outlook

    HOUSTON: Crude oil futures climbed more than $1 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a better than expected inflation report. Brent crude futures rose $1.11, or 1.71%, to $66.07 a barrel by 1443 GMT. U.S. West Texas …

    Source: Business Recorder - Neutral
  • Published on May 12, 2025

    Trump travels to a Middle East in transition

    This week, US President Donald Trump makes his inaugural visit to the Middle East since the start of his second term, traveling to Saudi Arabia, Qatar, and the United Arab Emirates on May 13-16. Amid the heightened focus on US policy toward the Middle East …

    Distribution channels:
  • Published on May 13, 2025

    Mideast Stocks: Most Gulf Markets settle higher as investors weigh U.S.-China trade truce

    Most stock markets in the Gulf settled higher on Tuesday, although gains were limited as investors paused to weigh whether a temporary pause in the U.S.- China trade war would lead to a long-lasting agreement. Brent crude futures rose about 1%, to $65.61 a …

    Source: Zawya - Indeterminate
  • Published on May 13, 2025

    Top 20 themes shaping the oil and gas industry in 2025

    In this report, leading data and analytics company GlobalData identifies the top 20 themes that will impact the oil and gas industry in 2025. For each theme, the company offers a series of predictions, identifies winners, and points you to further reading. …

    Source: Yahoo Finance - Pending
  • Published on May 13, 2025

    Saudi Crude Flows to China to Remain at 1-Year High in June

    Saudi Arabia’s crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in June—roughly the same volume arriving in China from the world’s top crude exporter this month, trade sources told Reuters on Tuesday. Following …

    Source: Oil Price - Neutral
  • Published on May 13, 2025

    Oil Prices Dip Amid Trade Truce And Supply Surge

    Global oil prices edged lower on Monday due to a growing imbalance between demand and supply, even as optimism rose over a temporary easing of U.S.-China trade tensions. Brent crude, the international benchmark, slipped by 0.1% to $64.69 per barrel, while …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on May 12, 2025

    What The Endgame in Gaza Means For Middle East Security And Oil Prices

    The next phase of Israeli Prime Minister Benjamin Netanyahu’s plan for Gaza could well be the beginning of the endgame of the ongoing Israel-Hamas War that poses the most danger for the global oil market. According to his statement on 5 May, he said that …

    Source: Oil Price - Neutral
  • Published on May 13, 2025

    Trump and Saudi crown prince sign a host of agreements as US leader begins 4-day Mideast...

    They later signed more than a dozen agreements to increase cooperation between their governments' militaries, justice departments and cultural institutions. Additional economic agreements were expected to be inked later Tuesday at a U.S.-Saudi …

    Source: The Atlanta Journal-Constitution - Georgia - Neutral
  • Published on May 13, 2025

    Trump courts Saudi investment on first day of Gulf trip

    US-Saudi business ties are in the spotlight with President Donald Trump addressing a summit of executives in Riyadh on the first day of his Gulf tour. The kingdom has pledged $600 billion in investment and trade with the US over the course of Trump’s term, …

    Source: Semafor - Neutral
  • Published on May 13, 2025

    Upside for Oil Prices Remains Limited Despite U.S.-China Trade Deal

    Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading. Despite that development, abundant supply means the upside for prices remains limited. - A string of deals targeting large-cap …

    Source: Oil Price - Neutral
  • Published on May 13, 2025

    Potential US-China trade agreement could push gas prices higher according to GasBuddy

    (GasBuddy) The nation’s average price of gasoline has returned to a decline, falling 4.2 cents compared to a week ago and stands at $3.08 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150, …

    Source: WANE - Indiana - Neutral
  • Published on May 13, 2025

    Analysis: Trump’s crude paradox vexes his Houston oil base

    Despite covering energy markets for nearly two decades, I’d never been to Houston. Last month, I took the 17-hour flight from Dubai and made my rounds with dozens of investors and drillers in the shale patch. Most volunteered they voted for Donald Trump — …

    Source: Semafor - Neutral
  • Published on May 13, 2025

    Another African country is making an aggressive push to become a major oil player

    Strategic infrastructure initiatives, international alliances, and regulatory reforms are helping to establish the country as a vital energy center in southern Africa. Partnerships with other oil-producing African countries As recently reported, Mozambique …

    Source: Business Insider Africa - Neutral
  • Published on May 13, 2025

    Oil Market Rises 1% as US, China Ease Tariffs

    By Adedapo Adesanya The oil market appreciated by more than 1 per cent to settle at a two-week high on Monday, after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world’s two biggest economies. …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on May 13, 2025

    Kuwait oil experts: US-China tariff suspension boosts optimism, global economic growth

    KUWAIT: Kuwaiti oil experts have welcomed the 90-days suspension of tariffs between the US and China, saying that the move has bolstered confidence in the global economy and could lead to increased demand for oil. Experts told KUNA that oil prices had …

    Source: Zawya - Indeterminate

05 days 15:47:41

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