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A service for global professionals · Saturday, June 13, 2026 · 919,507,581 Articles · 3+ Million Readers
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Asia OPEC Newswire

  • Published on Jun 12, 2026

    Rapid oil stockpile depletion raises alarm over potential crisis later this year

    (Reuters/Yonhap) Global oil prices are lower than expected and have shown less volatility over the past three months despite supply shocks caused by the war in the Middle East, largely thanks to ample reserves. However, the accelerated pace of stock …

    Source: The Hankyoreh - Pending
  • Published on Jun 12, 2026

    US becomes the top oil exporter, overtaking Saudi Arabia and Russia

    The United States has emerged as the world's largest oil exporter, overtaking Saudi Arabia and Russia. Coupled with supply chain disruptions caused by the wars involving Iran and Ukraine, the US is further cementing its influence in the global market …

    Source: Asia Today - Pending
  • Published on Jun 12, 2026

    Kuwait Offers Crude to Asian Buyers for First Time Since 1990-91 Gulf War

    Kuwait Petroleum Corp. (KPC) has offered crude oil to Asian buyers for the first time since the 1990-91 Gulf War, marking a significant shift in the state-owned company's sales strategy, according to officials familiar with the matter. The offer …

    Source: Natural News - Right-wing
  • Published on Jun 12, 2026

    Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike ...

    US oil prices collapsed sharply after President Donald Trump cancelled planned military strikes on Iran, sending WTI crude futures tumbling below $88 a barrel. The sudden reversal wiped out gains built on days of war-driven fear, leaving energy markets in …

    Source: The Economic Times - Center-right
  • Published on Jun 11, 2026

    RON BOUSSO | Hormuz reopening could be Opec’s undoing

    Share current article via EmailShare current article via FacebookShare current article via TwitterShare current article via LinkedIn Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing …

    Source: Times LIVE - Indeterminate
  • Published on 08:27 GMT

    Michael Hudson: Debts That Cannot Be Paid Won’t Be

    Yves here. In a new interview, Michael Hudson turns to one of his favorite topics: the destructive role of debt in our modern economic system, and how the cautions of classical economists about borrowing and rentierism have been excised from mainstream …

    Source: naked capitalism - Pending
  • Published on Jun 11, 2026

    Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

    Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market. The Iran war and the closure of the vital waterway – through which …

    Source: Offshore Engineer News - Neutral
  • Published on Jun 11, 2026

    America Becomes the World’s Top Oil Exporter as Global Energy Markets Undergo Historic Shift

    By Zoey The United States has emerged as the world’s largest oil exporter, overtaking longtime energy powerhouses Saudi Arabia and Russia in a dramatic transformation of the global oil market. The milestone reflects a remarkable reversal for a nation that …

    Source: [your]NEWS - Right-wing
  • Published on Jun 11, 2026

    US ascends as world's top oil exporter amid global energy shifts

    The U.S. has emerged as the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, marking a major shift that tightens American companies' grip on energy markets as Washington's war with Iran …

    Source: Daily Sabah - Gov't Propaganda
  • Published on Jun 11, 2026

    Ten reasons oil is still below $100 a barrel

    Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand destruction and increased production from other regions also contribute. Regular readers will know that I’ve been …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Jun 11, 2026

    Once an Arab oil embargo victim, US becomes world’s top oil exporter

    By Arathy Somasekhar HOUSTON, June 11 (Reuters) – The United States has become the world’s largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies’ grip on energy markets as …

    Source: WNCY - Wisconsin - Pending
  • Published on 04:08 GMT

    A War of Words Sends Brent Crude to a Two-Month Low

    Oil prices slid to a two-month low as conflicting signals from Washington and Tehran fueled uncertainty over a potential U.S.-Iran deal, keeping traders on edge throughout a volatile week. Friday, June 12, 2026 In a particularly volatile trading week, the …

    Source: Oil Price - Neutral
  • Published on Jun 12, 2026

    The Opera Ain’t Over II

    The great questions of the day will not be settled by means of speeches and majority decisions but by iron and blood – Otto von Bismark Since I wrote the first part of this theme in late April, things have largely advanced like I expected including the …

    Source: Zero Hedge - Right-wing
  • Published on Jun 9, 2026

    Ceasefire Caps Oil Rally as China Demand Weakens

    Supertankers Are Back in Fashion as Hormuz Risk Rewrites Oil Trade - The US-Iran crisis has engendered a shipbuilding boom, with the global orderbook for supertankers soaring to an all-time high as shippers race to lock in Very Large Crude Carriers (or …

    Source: Oil Price - Neutral
  • Published on Jun 9, 2026

    Kuwait Offers First Crude Cargoes to Asia since Iran War Started

    Kuwait, one of OPEC’s top producers and one of the exporters most affected by the near-closure of the Strait of Hormuz, is offering its crude to Asian buyers for the first time since the Iran war choked off transit through the critical chokepoint. At least …

    Source: Oil Price - Neutral
  • Published on Jun 12, 2026

    How to build energy resilience in an uncertain, contested world

    As war and the weaponization of energy drag on in Ukraine and Iran, discussions on stage at the Atlantic Council Global Energy Forum this week couldn’t have been timelier or the urgency of the moment more palpable. Front and center across sessions were …

    Source: Atlantic Council - Indeterminate
  • Published on Jun 9, 2026

    Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

    The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction in oil production. (AI image) Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the …

    Source: The Times of India - Indeterminate
  • Published on Jun 8, 2026

    Kazakhstan Joins OPEC+ Production Increase for July

    ASTANA — Kazakhstan will continue increasing oil production under the latest OPEC+ agreement, according to the Kazakh Energy Ministry. Photo credit: Reuters The announcement follows a virtual meeting of seven OPEC+ countries, Saudi Arabia, Russia, Iraq, …

    Source: The Astana Times - Gov't Propaganda
  • Published on Jun 9, 2026

    Markets in Freefall: Oil Surges, the Fed Turns Tough, and Investors Head for the Exit

    EBM NEWSDESK ANALYSIS- Anthony Gill Three forces arrived at once on Monday morning — and there was nowhere to hide. From Seoul to Frankfurt, the week has opened with a brutality that Friday’s NASDAQ plunge only partially telegraphed Asia Takes the First …

    Source: European Business Magazine - Indeterminate

18 days 01:25:21

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  • Published on April 29, 2026 - 04:23 GMT

    UAE Announces Withdrawal from OPEC, OPEC+ Oil Alliances

    (MENAFN) The United Arab Emirates has announced plans to withdraw from both Organization of the Petroleum Exporting Countries and OPEC+, signaling a significant shift in its approach to energy policy and international oil cooperation. According to reports …

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  • Published on May 11, 2026 - 13:14 GMT

    UAE’s OPEC Exit Plans Change in its Energy Strategy

    (MENAFN) The United Arab Emirates’ reported decision to leave OPEC and the broader OPEC+ alliance marks a notable change in its energy strategy, potentially giving Abu Dhabi more autonomy over its oil production policy, according to analysis cited in …

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