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A service for global professionals · Wednesday, June 4, 2025 · 818,976,775 Articles · 3+ Million Readers
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South Central U.S. OPEC News Monitoring

  • Published on Jun 3, 2025

    Oil climbs 2% to 2-week high on geopolitical tensions

    NEW YORK (Reuters) - Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on both OPEC members Russia and Iran in place for longer. …

    Source: Mint - Neutral
  • Published on Jun 3, 2025

    Gas prices in Bend and around Oregon slide lower, despite rising crude oil prices

    PORTLAND, Ore. (KTVZ) – Gas prices are edging lower as June begins, even as crude oil prices are climbing, AAA Oregon/Idaho reported Tuesday. The Ukrainian attacks on Russia are putting upward pressure on oil prices, but prices remain below $65 per …

    Source: KTVZ - Oregon - Neutral
  • Published on Jun 3, 2025

    Oil Prices Rise On OPEC+ Supply Restraint And Geopolitical Tensions

    (MENAFN- The Arabian Post) Arabian Post Staff -Dubai Oil prices strengthened sharply as OPEC+ agreed to a modest increase in production, falling short of some market expectations, while escalating geopolitical tensions in Ukraine and Iran added further …

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

    Oil Prices Climb on Short-Term Supply Shocks, but Long-Term Risks Remain

    The oil market surged higher yesterday, with ICE Brent hitting US$65.76/bbl at one stage, as USD weakness, rising geopolitical risks and possibly a supply hike from OPEC+ that fell short of expectations all provided a boost. The strength continued into …

    Source: Investing - Neutral
  • Published on Jun 3, 2025

    Oil inches up on geopolitical concerns and weaker dollar

    LONDON: Oil prices ticked up on Tuesday supported by rising geopolitical tensions as Russia and Ukraine ramped up the war and Iran was set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer. Crude had …

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

    Oil prices rise sharply due to geopolitical tensions

    Oil prices recorded a sharp increase yesterday amid concerns over the ongoing war between Russia and Ukraine, uncertainty surrounding Iran’s nuclear talks, and market relief that OPEC+ did not raise oil production as much as some had feared. By 13:25 GMT, …

    Source: Middle East Monitor - Indeterminate
  • Published on Jun 3, 2025

    Oil Prices Rise Amid Supply Concerns Linked to Iran, Russia, and Canada

    Oil prices rose in early Asian trading on Tuesday due to growing supply concerns, as Iran appeared poised to reject a proposed U.S. nuclear deal that would be key to easing sanctions on one of the world’s largest oil producers, while wildfires disrupted …

    Source: Jordan News - Indeterminate
  • Published on Jun 3, 2025

    Oil Prices Extend Gains on Supply Worry

    Crude oil prices extended their climb that began Monday as concerns about supply security deepened. At the time of writing, Brent crude was trading at $64.85 per barrel and West Texas Intermediate was changing hands for $62.82 per barrel, after rising by …

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

    Oil Rises As Bullish Markers From Iran To OPEC Erupt

    Meanwhile, Canada's PM vows to make his country an energy "superpower": File Image/Pixabay Hostilities between Russia and Ukraine combined with the Organization of the Petroleum Exporting Countries (OPEC) agreeing on Saturday to boost …

    Source: Ship & Bunker - Neutral
  • Published on Jun 3, 2025

    Oil lifts; traders unwind bearish bets post-OPEC+ hike

    Oil prices edged higher on Tuesday, supported by ongoing supply concerns and a weakening United States dollar, while a smaller-than-expected output increase from major producers supported the market. By 3:30 pm AEST (5:30 am GMT), Brent crude futures were …

    Source: Azzet - Pending
  • Published on Jun 2, 2025

    U.S. crude oil rises about 3% as rig count falls, OPEC+ increases output at steady rate

    U.S. crude oil futures rose about 3% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster. West Texas Intermediate futures rose $1.73, or 2.85%, to close at $62.52 per barrel. …

    Source: CNBC - Neutral
  • Published on Jun 3, 2025

    Oil inches up on supply concerns and weaker dollar

    SINGAPORE - Oil prices ticked up on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, while weakness in the dollar also supported prices. Brent crude …

    Source: Zawya - Indeterminate
  • Published on Jun 3, 2025

    Is A New Oil Price War Between The West And OPEC About To Break Out?

    It is highly unlikely that anyone with even a modicum of intelligence has lost money in the past ten years or so by trading against the predictable thinking of those in charge of Saudi Arabia’s oil policy. Quite the reverse, in fact, with enormous profits …

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

    Oil gains as wildfires threaten Canada supply

    NEW YORK: Oil prices rose by more than $2 on Monday, despite producer group OPEC+ sticking with output hike plans, as wildfires in central Canada threatened supply and President Donald Trump’s new tariff threats weighed on the US dollar. Brent crude …

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

    Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged

    [NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province disrupted production. Brent crude futures settled US$1.85, …

    Source: The Business Times Singapore - Neutral
  • Published on Jun 3, 2025

    Oil climbs 2% to 2-week high on geopolitical tensions

    By Scott DiSavino NEW YORK (Reuters) - Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on both OPEC+ members Russia and Iran in …

    Source: Yahoo Finance - Center-left
  • Published on Jun 3, 2025

    Oil Price Jumps on OPEC’s July Hike Decision 

    Emmanuel Addeh in Abuja  Oil prices rebounded more than $1 a barrel yesterday after the Organisation of Petroleum Exporting Countries (OPEC) decided to increase output in July by the same amount as it did in each of the prior two months. Coming as a relief …

    Source: This Day - Pro-Government
  • Published on Jun 2, 2025

    Oil leaps 4% after OPEC+ keeps output increase unchanged

    LONDON :Oil prices jumped by about 4 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as the previous two months. Brent crude futures climbed by $2.49, or 3.97 per cent, to $65.27 a barrel by 1220 GMT. U.S. West …

    Source: Channel News Asia - Pro-Government
  • Published on Jun 2, 2025

    Oil leaps more than 3% after OPEC+ keeps output increase unchanged

    LONDON :Oil prices jumped by about 3 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as the previous two months. Brent crude futures climbed by $2.28, or 3.63 per cent, to $65.06 a barrel by 1118 GMT. U.S. West …

    Source: Channel News Asia - Pro-Government

27 days 20:16:32

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  • Published on June 3, 2025 - 20:52 GMT

    The downside oil market risks of a new Iran deal

    After five rounds of negotiations to date, the United States and Iran have yet to reach a new agreement on the Iranian nuclear program, though reportedly the two sides have made some limited progress and plan to meet again. Most of the Middle East is …

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  • Published on June 1, 2025 - 11:08 GMT

    OPEC+ Ramps Up Oil Output by 411,000 BPD in July

    (MENAFN) On Saturday, the Organization of the Petroleum Exporting Countries (OPEC) and its allied producers, collectively called OPEC+, revealed plans to ramp up oil production by 411,000 barrels per day (bpd) starting in July. This decision was reached …

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