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South-East Asia OPEC News Monitoring

  • Published on Jul 5, 2025

    Opec+ steps up oil output increases

    Group will lift production by 548,000 bpd in August, 33% more than expected PUBLISHED : 5 Jul 2025 at 18:53 LONDON - Opec+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first …

    Source: Bangkok Post - Center-right
  • Published on Jul 5, 2025

    Business InsightsBrics leaders meet under pressure from tariffs, oil shocks and climate rifts

    When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy instability …

    Source: The National News - Pro-Government
  • Published on Jul 5, 2025

    Opec+ agrees bigger-than-expected oil output increase in August

    Opec+ has agreed to a larger-than-anticipated increase in its monthly oil output, by 548,000 barrels per day, for August. The decision comes despite demand concerns stemming from America's push for tariffs and the slowing global economy. The decision …

    Source: The National News - Pro-Government
  • Published on Jul 5, 2025

    Brics leaders meet under pressure from tariffs, oil shocks and climate rifts

    When the leaders of the Brics group of developing countries gather on Sunday for their 17th annual summit, the backdrop is one of the most geopolitically volatile the bloc has faced in years, with trade tension, regional conflicts and energy instability …

    Source: The National News - Pro-Government
  • Published on Jul 4, 2025

    Palm oil gains despite weakening of rival oils and profit-taking

    Malaysian palm futures ended lower on Friday due to profit booking and weaker edible oils in Chicago and Dalian. However, the contract managed to record its seventh weekly increase in eight weeks. At the close, the benchmark palm oil contract on Bursa …

    Source: World Energy News - Connecticut - Pending
  • Published on Jul 4, 2025

    Crude oil falls as markets await OPEC+ production decision next week

    Crude oil futures traded lower on Friday morning as markets anticipated an increase in production output by OPEC+ (Organisation of the Petroleum Exporting Countries and allies) in August. At 9.56 am on Friday, September Brent oil futures were at $68.58, …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 4, 2025

    Oil Prices Set to End the Week With a Modest Gain

    Crude oil prices were on course for a modest weekly gain today, buffeted by both headwind and tailwinds, including OPEC+ policy, U.S. job numbers, and anticipation of President Trump’s next move on tariffs. At the time of writing, Brent crude was trading …

    Source: Oil Price - Neutral
  • Published on Jul 4, 2025

    Indonesia Bourse Expected To Halt Losing Streak

    The Indonesia stock market has finished lower in three straight sessions, slumping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just shy of the 6,880-point plateau although it may stop the bleeding on Friday. The …

    Source: RTTNews - Neutral
  • Published on Jul 4, 2025

    Oil eases on US tariff uncertainty and OPEC+ output expectations

    Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply boost by major producers. Brent crude futures fell 34 cents, or 0.49%, to $68.77 a barrel by 1326 GMT. U.S. …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    Oil prices ease on US tariff worries and expected OPEC+ output boost

    Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply boost by major producers. Brent crude futures fell 63 cents, or 0.91%, to $68.48 a barrel by 11:12 a.m. EDT ( …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 4, 2025

    Oil falls ahead of expected OPEC+ output increase

    By Robert Harvey and Amanda Stephenson CALGARY (Reuters) -Oil futures fell more than 1% on Friday, pressured by expectations that OPEC+ producers will decide this weekend to raise output and an Iranian reaffirmation of its commitment to nuclear non- …

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

    Oil prices ease on US tariff uncertainty

    NEW YORK: Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Brent crude futures settled 31 cents, or 0.45%, lower to US$68.80 a barrel. US West …

    Source: The Malaysian Star - Indeterminate
  • Published on Jul 3, 2025

    Why didn’t oil prices rise during the Israel-Iran war?

    The Abu Dhabi National Oil Company’s Ruwais Refinery in March 2020. Photo courtesy of  Rickmaj via Wikimedia Commons. By ELAI RETTIG JNS Despite the intense 12-day military confrontation between Israel and Iran, global oil markets remained remarkably calm …

    Source: The Jewish World - New York - Neutral
  • Published on Jul 2, 2025

    Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog

    NEW YORK :Oil prices rose 3 per cent on Wednesday as Iran suspended cooperation with the U.N. nuclear watchdog and the U.S. and Vietnam reached a trade deal, but a surprise build in U.S. crude supplies limited price gains somewhat. Brent crude settled $2. …

    Source: Channel News Asia - Pro-Government
  • Published on Jul 3, 2025

    Oil Prices Dip on Confirmation of Inventory Build

    Crude oil prices opened weaker today following Wednesday’s release of U.S. oil inventory data that confirmed API’s estimate of a build. Regardless of the fact that the build, at 3.8 million barrels as estimated by the EIA, followed several weeks of draws, …

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

    OPEC Reports a Global Oil Production Decline in 2024

    Global crude oil production declined by 1% last year, for the first time since 2020, averaging 72.58 million barrels daily, OPEC said in the latest edition of its Annual Statistical Bulletin. The group reported a decline in OPEC and partner production …

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

    Oil Retreats on US Tariff Uncertainty and OPEC+ Supplies

    Oil prices slipped on Thursday as the possibility of US tariffs being reinstated raised demand concerns ahead of an expected supply boost by major producers. Brent crude futures fell 58 cents, or 0.8%, to $68.53 a barrel by 0942 GMT. US West Texas …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Jul 3, 2025

    Oil Gains May Be Short-Lived With OPEC+ Set to Raise Supply Again

    The trade deal between the US and Vietnam boosted oil prices. However, with OPEC+ set to decide on August output levels, the move higher could be short-lived. In addition, 9 July marks the end of the 90-day pause in US reciprocal tariffs, leaving further …

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

    Oil Prices Climb 3% as Iran Halts Nuclear Cooperation with IAEA

    Thu 03 Jul 2025 | 06:30 AM Oil storage tanks in Osaka Bay, Japan Source: Bloomberg In a sharp geopolitical twist that sent shockwaves through global energy markets, oil prices surged nearly 3% on Wednesday following Iran’s official suspension of …

    Source: Sada Elbalad - Gov't Propaganda

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  • Published on July 2, 2025 - 10:37 GMT

    Oil Prices Drop After Israel-Iran Ceasefire

    (MENAFN) Oil prices dropped by more than 12% last week, breaking a three-week surge, with experts forecasting prices to stabilize near the $60 mark if the fragile ceasefire between Israel and Iran holds. Brent crude surged to $77.81 a barrel on June 23, …

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