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  • Published on May 23, 2025

    Oil on track for first weekly loss since April

    Singapore — Oil prices dropped for a fourth consecutive session on Friday and were set for their first weekly decline in three weeks, weighed down by renewed supply pressure from another possible Opec+ output hike in July. Brent futures fell 31c, or 0.5%, …

    Source: Business Day - Neutral
  • Published on May 23, 2025

    Crude oil futures fall on reports OPEC+ may increase supply in July

    Crude oil futures traded lower on Friday morning after a media report said that the OPEC+ (Organisation of the Petroleum Exporting Countries and allies) is considering an increase in production in July. At 9.57 am on Friday, July Brent oil futures were at …

    Source: The Hindu Business Line - Neutral
  • Published on May 23, 2025

    Oil Extends Losses As Investors Weigh Possible OPEC Output Increase

    Meanwhile, Chevron braces for ouster from Venezuela: File Image/Pixabay Oil on Thursday ignored geopolitical tensions and extended its downward trajectory, with traders citing the same reasons of stockpile builds in the U.S. and the perception of …

    Source: Ship & Bunker - Neutral
  • Published on May 22, 2025

    Oil prices fall 1% on potential further increase to OPEC+ output

    LONDON :Oil prices fell 1 per cent on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth. Brent futures fell 64 cents, or 1 per cent, to $64.27 a barrel by 0800 …

    Source: Channel News Asia - Pro-Government
  • Published on May 23, 2025

    Oil Drifts Higher as US-Iran Talks Yield No Conclusive Progress

    (Bloomberg) -- Oil drifted higher in thin pre-holiday trading as investors’ conviction that the US and Iran can reach a nuclear deal waned while strong US data buoyed a shaky demand picture. Most Read from Bloomberg West Texas Intermediate edged up by 0.5% …

    Source: Yahoo Finance - Center-left
  • Published on May 23, 2025

    Oil prices fall amid talks of OPEC+ production increase in July

    Oil prices declined on Thursday as investors reacted to reports that OPEC+ is considering increasing production in July, raising concerns that global supply may surpass demand growth. Brent crude futures dropped 66 cents, or 1.02%, to $64.25 a barrel by …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 22, 2025

    Oil prices settle down on potential further increase in Opec+ output

    [HOUSTON] Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth. Brent futures settled down 47 cents, or 0.72 per cent, to …

    Source: The Business Times Singapore - Neutral
  • Published on May 22, 2025

    Oil Slips as OPEC Eyes Boost

    Oil fell to its lowest settling price in almost two weeks as US stockpiles gained and OPEC+ members discussed another major production increase, just as demand faces headwinds from the US-led trade war. West Texas Intermediate slid 0.6% to settle just …

    Source: Rigzone - Neutral
  • Published on May 22, 2025

    Oil Prices Slide on US-Iran Deal Hopes and OPEC+ Production Gains

    Oil prices fell over 1% in early Thursday trading as markets reacted to two significant developments: continued US-Iran nuclear negotiations that could potentially ease sanctions and lift Iranian oil exports, and reports that OPEC+ is considering …

    Source: Investing - Neutral
  • Published on May 22, 2025

    Oil Prices Dip On Report Of Another Potential OPEC+ Supply Boost 

    OPEC+ is considering a third straight monthly output hike, departing from the norm of stabilizing oil markets. According to Bloomberg, the group of 12 major oil-exporting nations, including Saudi Arabia, UAE, and others, is considering a July increase of …

    Source: Zero Hedge - Right-wing
  • Published on May 22, 2025

    OPEC+ may flood market with more oil in July, risking weaker crude prices

    Saudi Arabia, the group’s most powerful member, recently warned countries like Iraq and Kazakhstan that it could raise supply further if they do not stick to their quotas. OPEC+ may consider a much bigger increase in oil supply for July, with a jump of 411 …

    Source: ETAuto - Indeterminate
  • Published on May 22, 2025

    Oil prices fall more than 1% on potential further increase to OPEC+ output

    OPEC in pursuit of market share, says Onyx analyst * A 411,000 bpd increase likely, RBC Capital analyst says * U.S. crude inventories rise unexpectedly LONDON, May 22 (Reuters) - Oil prices fell 1% on Thursday after a report that OPEC+ is discussing a …

    Source: London South East - Neutral
  • Published on May 21, 2025

    Oil prices jump more than 1% on Middle East supply fears

    LONDON : Oil prices rose more than 1 per cent on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities raised fears of a supply disruption in the Middle East. Brent futures rose 87 cents, or 1.3 per cent, to $66.25 a …

    Source: Channel News Asia - Pro-Government
  • Published on May 22, 2025

    Oil Steady as Russia Commits to Output Cuts

    Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices. Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT, having …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    How Trump's trade war is transforming Canada's oil exports to China

    If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump's trade and tariff measures have …

    Source: The Economic Times - Pending
  • Published on May 22, 2025

    Oil prices settle down on potential further increase in OPEC+ output

    By Georgina McCartney HOUSTON (Reuters) - Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth. Brent futures settled …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    Oil Falls to Lowest in Two Weeks as OPEC+ Weighs Output Surge

    (Bloomberg) -- Oil fell to its lowest settling price in almost two weeks as US stockpiles gained and OPEC+ members discussed another major production increase, just as demand faces headwinds from the US-led trade war. Most Read from Bloomberg West Texas …

    Source: Yahoo Finance - Center-left
  • Published on May 22, 2025

    WTI Crude Oil Faces Major Resistance At $64.00

    Wednesday, May 21, 2025 4:41 PM EDT Image Source: Pixabay Oil prices have been under persistent pressure since the inauguration of United States (US) President Donald Trump in January, weighed down by a combination of recession fears, rising global supply …

    Source: myMotherLode - Pending
  • Published on May 21, 2025

    Oil Falls as Inventories Climb

    Oil dropped after a second consecutive weekly gain in US crude inventories overshadowed a CNN report that Israel is preparing for a potential strike on Iranian nuclear sites. West Texas Intermediate fell 0.7% to settle below $62 a barrel after the …

    Source: Rigzone - Neutral

01 days 15:22:27

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