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  • Published on Jun 13, 2025

    Oil jumps more than 7% on supply risk from Israel-Iran conflict

    Iran's Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Office of the Iranian Supreme Leader. Office Of The Iranian Supreme Le | Via Reuters Crude futures jumped about $5 per barrel on Friday after Israel …

    Source: CNBC - Neutral
  • Published on Jun 13, 2025

    Stocks sink, oil at multi-month highs after Israel's strikes on Iran

    Global stock markets plunged on Friday while oil prices soared to near multi-month highs after Israel launched a military strike on Iran, triggering Iranian retaliation and fueling a flight to safe-haven assets like gold, the U.S. dollar and the Swiss …

    Source: Sabah - Pending
  • Published on Jun 13, 2025

    Oil jumps nearly 9% after Israel's strikes on Iran

    Oil prices jumped nearly 9% on Friday to near multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies. Brent crude futures were up $6.19, or around 8.9%, …

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

    OPEC Rejects IEA Warning On Oil Stocks Use Amid Israel-Iran Tensions

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, June 13. The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) has affirmed that "there are currently no developments in supply or market dynamics that warrant unnecessary …

    Source: MENAFN - Indeterminate
  • Published on Jun 13, 2025

    Oil jumps over 7% after Israel's strikes on Iran

    Oil prices jumped more than 7% on Friday, trading near multi-month highs after Israel launched widescale strikes against Iran, sparking Iranian retaliation and raising worries about disrupted oil supplies. Brent crude futures jumped $5.1, or around 7.4%, …

    Source: Gulf Daily News Online - Pro-Government
  • Published on Jun 13, 2025

    Iran-Israel tensions: IGL, BPCL, HPCL, GAIL, IOC, RIL shares drop up to 4%; Oil India, ONGC up

    At least eight BSE oil & gas index constituents including Indraprastha Gas (IGL), BPCL, HPCL and Gail India fell up to 4 per cent, as Brent crude oil futures soared 13 per cent in the wake of fresh tensions between Iran and Israel.  IGL shares led the …

    Source: Business Today - Indeterminate
  • Published on Jun 13, 2025

    Oil prices jump 7% and stocks drop as Israel-Iran tensions escalate

    Hong Kong/New York CNN  —  Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region. The price of oil surged Friday …

    Source: CNN - Neutral
  • Published on Jun 13, 2025

    Oil jumps almost 7% after Israel's strikes on Iran

    Oil prices jumped almost 7 percent on Friday to multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies. Brent crude futures LCOc1 were up $4.57, or …

    Source: BDNews24 - Indeterminate
  • Published on Jun 12, 2025

    Western sanctions disrupt Russian diesel flows to Brazil

    Recent Western sanctions could hurt Russia’s capability of exporting clean petroleum products to Brazil in the short term, opening up trade opportunities for product tankers in the US and Asia, Milan-listed d’Amico International Shipping CEO Carlos …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 13, 2025

    BPCL, HPCL, IOC: Brent oil jumps 13% on Israel-Iran conflict; target prices for OMC stocks

    Brent crude futures for August delivery surged more than 13 per cent on Friday, following a brief pause the day before, bringing the total gain for June to 22.70 per cent. The sharp rise came after Israel announced it had struck Iran, heightening fears of …

    Source: Business Today - Indeterminate
  • Published on Jun 12, 2025

    Soaring Saudi crude output drives 180,000 b/d May OPEC+ boost: Platts survey

    OPEC+ crude production surged to 41.19 million b/d in May as Saudi Arabia took the opportunity of accelerated quota hikes to pump an extra 170,000 b/d to meet domestic demand, the Platts OPEC+ Survey from S&P Global Commodity Insights showed …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 13, 2025

    Oil Prices May Surpass $150/Bbl If Iran-Israel Tensions Persist ING

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, June 13. Oil prices may surpass $150/bbl if Iran-Israel tensions persist, Trend reports via the Netherlands ING banking group. Oil prices surged more than 7% this morning following reports of Israeli …

    Source: MENAFN - Indeterminate
  • Published on Jun 12, 2025

    How OPEC and BRICS are shaping the future of Global Energy Trade

    CHINA: Founded in 2016, OPEC—which controls over 50% of global oil production, plays a key role in stabilising prices by strategically adjusting its output levels. BRICS+ on the other hand, now including Middle Eastern countries Iran, UAE and possibly …

    Source: Daily News Tanzania - Pro-Government
  • Published on Jun 10, 2025

    Demand for oil to soar 44 per cent from now until 2050, OPEC’s secretary-general tells Calgary gathering

    Open this photo in gallery:Haitham al-Ghais, Secretary-General of OPEC, delivers a speech at the Global Energy Show in Calgary on Tuesday.Jeff McIntosh/The Canadian Press There is no oil demand peak on the horizon, the head of the OPEC says, taking aim …

    Source: The Globe and Mail - Neutral
  • Published on Jun 12, 2025

    Oil prices steady but face volatility from US-Iran tension

    Oil prices were steady on Thursday morning, after rising about 4 per cent on Wednesday amid signs of escalating tension between the US and Iran. Brent, the benchmark for two thirds of the world's oil, was down 0.96 per cent at $69.08 a barrel at 12. …

    Source: The National News - Pro-Government
  • Published on Jun 12, 2025

    Budget at risk over analysts’ $50 oil outlook

    Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices below $50 per barrel in the second half (H2) of 2025. The outlook, driven by weakening global demand growth and surging supply, …

    Source: Business Day - Neutral
  • Published on Jun 12, 2025

    Oil’s Lost Decade Is About to Be Repeated

    (Bloomberg Opinion) -- For as long as most of us can remember, a rule of thumb has held true: Every year, the world’s production of oil goes up by one million barrels a day. In 1983, the figure stood at 56.6 million barrels. In 2023, 40 years later, it was …

    Source: Mint - Neutral
  • Published on Jun 11, 2025

    Oil falls while markets assess US-China trade talks outcome

    Oil prices softened on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market. Brent crude futures declined 15 …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 11, 2025

    What’s next for Portage gas prices this summer?

    Gas prices around Portage la Prairie remain steady, with most stations sitting around 128.9 or 129.9 cents per litre. That trend is likely to continue through the summer, according to Patrick De Haan, head of petroleum analysis at GasBuddy.com. “Certainly …

    Source: Portage Online - Pending

17 days 10:27:26

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