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Russia & CIS OPEC News Monitoring

  • Published on Jun 10, 2025

    Even with low oil prices, Opec could come out on top

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and …

    Source: The Financial Times - Neutral
  • Published on Jun 9, 2025

    Crude Oil Climbs On US-China Trade Talk Hopes

    Oil rose on Monday due to hopes sparked by US-China trade talks at the senior official level and with the nearing travel season boosting energy demand. WTI crude oil for July delivery settled at $65.29 per barrel, up 71 cents, the highest since April 3. …

    Source: RTTNews - Neutral
  • Published on Jun 10, 2025

    Oil prices hold near 7-week high as market waits for news from US-China trade talks

    By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the U.S. and China. Analysts have said a trade deal between the countries with the world's two biggest …

    Source: Yahoo Finance - Center-left
  • Published on Jun 9, 2025

    Bank of America says Saudi Arabia preparing for 'long and shallow' oil price war

    Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy companies, the Bank of America’s top commodities expert said.  “It’s not a price war that is going to be short and steep; …

    Source: Middle East Eye - Indeterminate
  • Published on Jun 9, 2025

    Current State of Venezuela’s Oil Industry: Resilience Amidst US Sanctions

    Venezuela, home of one world’s largest oil reserves, has long been a key player in the global energy market. However, years of U.S. led economic sanctions have severely impacted its oil sector, restricting production, exports, and foreign investment. …

    Source: teleSUR - Gov't Propaganda
  • Published on Jun 10, 2025

    Saudi Oil Flow To China Inches Down Amid OPEC+ Expansion

    (MENAFN- The Arabian Post) Saudi Arabia will export about 47 million barrels of crude to China in July, marking a modest decline of one million barrels compared with June allocations. Despite the slight reduction, this remains the third consecutive month …

    Source: MENAFN - Indeterminate
  • Published on Jun 11, 2025

    OPEC+ holds back as global oil supply increases: EIA forecast update

    OPEC+ holds back as global oil supply increases: EIA forecast update 11 June 2025 12:05 (UTC+04:00) The U.S. Energy Information Administration (EIA) has revised its 2025 forecast for global liquid hydrocarbon production. According to the EIA’s latest …

    Source: AzerNews - Gov't Propaganda
  • Published on Jun 9, 2025

    Florida gas prices holding steady, AAA says

    TAMPA, Fla. (WWSB) - Florida gas prices increased 10 cents last week and then declined 3 cents through the weekend. On Sunday, the state average was $3.09 per gallon, the same price as last week. “Florida gas prices remain in the same 30-cent range that …

    Source: ABC 7 WWSB - Florida - Neutral
  • Published on Jun 12, 2025

    The Top 5 Most Active Commodities for Trading in India

    India's dynamic commodity markets offer many opportunities for traders and investors, fueled by the nation's immense consumption, agricultural backbone, and burgeoning industrial sector. While the direct ownership of physical commodities can be …

    Source: The Hans India - Neutral
  • Published on Jun 11, 2025

    World Bank upgrades UAE growth forecast to 4.6% this year

    The World Bank has upgraded its growth forecast for the UAE to 4.6 per cent this year, up from its 4 per cent projection in January, on expanding non-oil activity and phase-out of the Opec+ oil production cuts. The Washington-based multilateral lender …

    Source: The National News - Pro-Government
  • Published on Jun 9, 2025

    Futures Rise Ahead Of US-China Talks

    US equity futures reverse earlier losses and trade near session highs, with small cap/Russell outperformance pointing to a further potential squeeze in high-beta names as investors monitor talks between the US and China in London to defuse tensions …

    Source: Zero Hedge - Right-wing
  • Published on Feb 23, 2025

    Oil Edges Higher as Supply Questions, Peace Talks Cloud Outlook

    Oil edged higher in a largely aimless session amid a slew of geopolitical uncertainties, including Russia-Ukraine peace talks and a possible increase in Iraqi crude production. West Texas Intermediate rose to $70.70 after changing direction multiple times …

    Source: Bloomberg - Neutral
  • Published on Feb 18, 2025

    Oil Edges Higher in Aimless Trade as Supply Uncertainties Rise

    Uncertainties about crude supplies from Russia, Kazakhstan and OPEC+ pushed oil prices higher. West Texas Intermediate edged above $72 a barrel, extending gains to the highest closing price in a week. The rally is being driven by a slew of crude supply …

    Source: Bloomberg - Neutral
  • Published on Feb 11, 2025

    Global Oil Glut Seen Expanding on Stronger Production Growth

    The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output. World oil markets are expected to …

    Source: Bloomberg - Neutral
  • Published on Jan 28, 2025

    Gas Prices Make Slight Changes

    After rising last week in response to climbing crude oil prices, gas prices are stuck in neutral this week with minimal changes. Oil prices have settled down and that’s keeping pump prices relatively stable ahead of seasonal increases that typically begin …

    Source: K103 Portland - Oregon - Pending
  • Published on 16:04 GMT

    How the Iran-Israel conflict could hike your energy bills

    Oil prices hit a five-month high as Iran and Israel traded missile attacks, leading to warnings that consumers could be hit with price rises The Iran-Israel conflict could destabilise the global economy, hiking up the price of oil and increasing energy …

    Source: iNews UK - Neutral
  • Published on 19:32 GMT

    How Israel-Iran War Could Burn Hole in Nigerians' Pockets

    The recent escalation between Israel and Iran could temporarily increase government revenue in Nigeria but also lead to higher fuel prices for the average citizen. On Friday, the Israeli Defence Force launched coordinated strikes on nuclear sites in Iran. …

    Source: Foundation for Investigative Journalism - Neutral
  • Published on 20:41 GMT

    Fuel prices set to rise in South Africa next month

    South African motorists are bracing for a painful spike in fuel prices next month as global oil markets reel from rising geopolitical tensions and local economic pressures pile on. The surge in petrol and diesel costs comes on the back of escalating …

    Source: Cape Town ETC - Neutral
  • Published on 18:53 GMT

    Consumers could start paying more on these items because of the Middle East conflict

    Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Oil and gold surged and the dollar rose as markets …

    Source: New Delhi Times - Neutral

17 days 10:27:36

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