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A service for global professionals · Friday, May 16, 2025 · 813,129,425 Articles · 3+ Million Readers
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Caucasus OPEC Newswire

  • Published on May 15, 2025

    Oil falls more than 1% on expectations for US-Iran nuclear deal

    Oil prices lost nearly $1 in early trade on Thursday on expectations of a potential U.S.-Iran nuclear deal, while an unexpected build in U.S. crude oil inventories last week heightened investor concerns about oversupply. Brent crude futures fell 88 cents, …

    Source: The Economic Times - Pending
  • Published on May 15, 2025

    Oil Price and Inflation: What’s the Correlation?

    Historically, oil price swings would set off alarms about inflation. But today’s economists are more cautious about declaring oil as the prime driver of consumer price hikes. Oil price and inflation correlation, 2002 to 2022. Chart via Economics Help. What …

    Source: Investing News Network - Neutral
  • Published on May 15, 2025

    Oil dives on US-Iran hopes as stocks surge stalls

    Oil has tumbled nearly four per cent as a potential US-Iran nuclear deal raised the prospect of increased global crude supply, while stock markets took a well-earned breather following their weeks-long recovery run. Brent futures dropped over $US2 to under …

    Source: The West Australian - Center-right
  • Published on May 15, 2025

    Opec maintains global oil demand growth forecasts

    The Organisation of the Petroleum Exporting Countries (Opec) announced yesterday that it will maintain its previous forecasts for global oil demand growth in 2025 and 2026. In its monthly oil market report, Opec estimated a rise of 1.3 million barrels per …

    Source: Gulf Daily News Online - Pro-Government
  • Published on May 15, 2025

    Trump and the oil cartel are on a collision course

    The US onshore oil sector is particularly sensitive to oil prices. While break-even prices vary significantly between the basis, the rule of thumb is that they generally need something above $US60 a barrel to break even on new wells and $US65 a barrel or …

    Source: Brisbane Times - Pending
  • Published on May 15, 2025

    Oil: Tariff retreat propels price

    Having dipped to multiyear high, international crude oil price is seemingly on its way to regain the lost ground, as US-led geopolitical initiatives continue to drive the market. Brent crude has gained 7 percent in last four trading sessions, and experts …

    Source: Business Recorder - Neutral
  • Published on May 15, 2025

    OPEC+ Gives Up Trying To Boost Prices. What’s Next?

    For over two years, OPEC and its partners from Central Asia, led by Russia, tried to push oil prices higher by withholding oil supply. Some did it more successfully than others. Saudi Arabia especially excelled at curbing supply—to no avail. Factors …

    Source: Oil Price - Neutral
  • Published on May 15, 2025

    OPEC Backs NUPRC’s Data As Nigeria’s Crude Production Rises

    Share The Organisation of Petroleum Exporting Countries (OPEC) has stated that Nigeria’s crude oil production in April, 2025 rose by 85,000 barrels per day to reach 1.486million barrels per day, (mbpd) using direct communication. This was contained in OPEC …

    Source: New Telegraph - Pending
  • Published on May 15, 2025

    Oil Falls a Second Day as Iran Signals Openness to Nuclear Deal

    West Texas Intermediate slipped toward $62 a barrel, after declining 0.8% on Wednesday, when Brent closed near $66. Iran is ready to sign an agreement with certain conditions, NBC reported, citing Ali Shamkhani, a top adviser to the OPEC nation’s supreme …

    Source: Financial Post - Center-right
  • Published on May 14, 2025

    Oil slides 3% on expectations for US-Iran nuclear deal

    By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices fell by about $2 on Thursday on expectations of a potential U.S.-Iran nuclear deal that could result in sanctions easing, while a surprise build in U.S. crude oil inventories last week heightened …

    Source: Yahoo Finance - Center-left
  • Published on May 14, 2025

    Oil Prices Fall As Global Demand Outlook Weakens

    Oil prices edged lower on Wednesday as concerns over a weakening global demand outlook outweighed market optimism from a temporary easing in U.S.-China trade tensions. The decline followed a reported increase in U.S. crude inventories and continued …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on May 14, 2025

    OPEC Holds Steady On 2025 Global Oil Demand Forecast

    The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that it will maintain its previous forecasts for global oil demand growth in 2025 and 2026, signaling confidence in a steady recovery in consumption. In its latest Monthly …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on May 14, 2025

    Bloomberg: Trump Could Collapse Oil To $40-50 A Barrel

    3 The U.S. president has always focused on oil and the country's dominance in energy. U.S. President Donald Trump appears to be considering a drop in the price of U.S. oil to between $40 and $50 a barrel. His administration favors increasing domestic …

    Source: Charter 97 - Center-left
  • Published on May 14, 2025

    Tariffs, Falling Prices, And The Tipping Point For U.S. Oil Production

    Gas prices are displayed at a gas station in Streamwood, Ill. (AP Photo/Nam Y. Huh)Copyright 2025 The Associated Press. All rights reserved. For the first time in more than a decade, U.S. crude oil production is projected to decline in the coming year. …

    Source: Forbes - Neutral
  • Published on May 14, 2025

    Oil prices dip as traders await U.S. inventory data

    Oil prices declined on Wednesday as traders anticipated a potential rise in U.S. crude inventories and digested OPEC’s revised supply forecast. Brent crude futures slipped 75 cents, or around 1.1%, to $65.88 a barrel, while U.S. West Texas Intermediate …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 14, 2025

    OPEC: Nigeria retained position as Africa’s biggest oil producer in April

    The Organization of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as Africa’s largest crude oil producer in April. In its latest monthly report on Wednesday, the oil cartel said Nigeria’s oil output increased to 1.48 million …

    Source: The Cable - Neutral
  • Published on May 14, 2025

    Oil falls after US crude inventories rise

    NEW YORK: Oil prices edged lower on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures fell 40 cents, or around 0.6%, to $66.23 a barrel by 12:04 …

    Source: Business Recorder - Neutral
  • Published on May 14, 2025

    OPEC Expects Slower Growth in Oil Supply from Rivals in 2025 Following Price Drop

    The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday revised down its forecast for oil supply growth from the United States and other non-OPEC+ producers for this year, citing an expected decline in capital spending due to falling oil …

    Source: Jordan News - Indeterminate
  • Published on May 14, 2025

    Russia eyes return to 10.8 million b/d oil output on a sustained basis: Novak

    Russia can expect to boost its oil production to 10.8 million b/d on a sustained basis in the near future thanks to growing global demand and domestic investment and tax changes, Deputy Prime Minister Alexander Novak said in an article published on May …

    Source: Hellenic Shipping News - Neutral

04 days 01:03:27

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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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  • Published on April 30, 2025 - 13:40 GMT

    Oil Prices Dip Due to Trade Tensions, Supply Concerns

    (MENAFN) Oil prices continued their downward trajectory on Wednesday, pressured by fears of weak demand due to the ongoing trade war between the U.S. and China, and growing worries about an oversupply in the market. Brent crude, the international benchmark …

    Distribution channels: ...
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