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A service for global professionals · Saturday, April 26, 2025 · 806,946,383 Articles · 3+ Million Readers
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Central & Eastern Europe OPEC Newswire

  • Published on 01:48 GMT

    Asia Fuel Oil: Spot premiums retreat; high inventories cap gains

    Spot premiums for fuel oil dipped in Asia on Friday, with high supply inventories and tepid demand limiting market recovery. Onshore inventories at Singapore have built to their highest in 18 weeks, supported by strong imports from Iraq, showed Enterprise …

    Source: Hellenic Shipping News - Neutral
  • Published on 00:02 GMT

    Italy's ERG proves you can trade oil for renewables and win

    This is the second installment of our six-part Masters of Metamorphosis series, in which we look at corporations that have reinvented themselves in order to seize opportunities in the energy transition. Read Naomi Buck's opening essay: "How some …

    Source: Corporate Knights - Left-wing
  • Published on Apr 25, 2025

    Oil posts weekly fall on tariff worry and rising supplies

    NEW YORK (Reuters) -Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. Brent crude futures settled 32 cents higher at $66.87 a …

    Source: Mint - Neutral
  • Published on Apr 25, 2025

    Oil drops, set for weekly fall on tariff worry and rising supplies

    Brent, WTI down, erasing gains following tariff uncertainty * Both contracts set for weekly declines * OPEC+ to consider another accelerated oil output hike for June NEW YORK, April 25 (Reuters) - Oil prices fell on Friday and were set for a weekly decline …

    Source: London South East - Neutral
  • Published on Apr 25, 2025

    Oil Prices Record Weekly Loss Despite Global Supply Set To Expand

    Oil prices edged higher but were prepared for a weekly loss, as a potential increase in OPEC+ output and the possibility of a ceasefire between Russia and Ukraine could raise supply. The volatility of oil is an unavoidable difficulty that the world has …

    Source: The Global Economics - Neutral
  • Published on Apr 25, 2025

    Oil set for weekly fall amid supply pressure, tariff uncertainty

    LONDON: Oil prices fell on Friday and were set for a weekly decline of over 3% on the back of oversupply concerns and uncertainty around tariff talks between the United States and China. Brent crude futures were down 82 cents to $65.73 a barrel at 1215 GMT …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Oil prices see weekly decline as oversupply concerns and trade tensions

    Oil prices fell on Friday and were poised for a weekly decline of over 3%, driven by concerns over oversupply and uncertainty surrounding tariff talks between the United States and China. Brent crude futures dropped by 82 cents to $65.73 a barrel, marking …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 25, 2025

    Iran, Russia agree on 55 bcm of gas supplies, nuclear plant funding

    MOSCOW: Moscow and Tehran have reached a deal on 55 billion cubic metres of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged to fund construction of a new nuclear power plant in Iran, officials said on Friday. The …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Iranian oil minister, in Moscow, seeks to bolster ties with Russia

    MOSCOW: Iranian Oil Minister Mohsen Paknejad said during a visit to Moscow on Friday that Iran would boost cooperation with Russia in agriculture and banking and remove barriers in all spheres of cooperation between the two countries. Russia has deepened …

    Source: The Sun Daily - Pending
  • Published on Apr 25, 2025

    Nigerian oil market faces headwinds amid unsold oil cargoes

    Nigeria’s economy, which heavily relies on its oil industry, faces a looming crisis as many barrels scheduled for export in April and May 2025 remain unsold. This backlog negatively impacts the country’s revenue forecasts, exacerbating existing issues in …

    Source: Nairametrics - Neutral
  • Published on Apr 25, 2025

    Russian Oil Producers Accelerate New Drilling

    New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further reversal in OPEC+ production cuts and the possibility for …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Russian Insurers Seek Approval for Oil Tanker Coverage in India

    A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to insure tankers shipping Russian crude oil to India, according to various sources familiar with the matter.  Sberbank Insurance, …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Palm oil prices rise on stronger edible oils and are set to gain weekly

    Malaysian palm futures rose on Friday as the market regained confidence after a three-week loss streak. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for July delivery gained 80 ringgit or 1.98% to 4,116 Ringgit ($940.80), a …

    Source: World Energy News - Connecticut - Pending
  • Published on Apr 25, 2025

    Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease

    Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some international sanctions over its invasion of Ukraine.  The …

    Source: Rigzone - Neutral
  • Published on Apr 25, 2025

    Oil Set For Weekly Loss on OPEC+ Supply Rumors

    Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav - Apr 25, 2025, 1:09 AM CDT Oil prices are expected to end the week with a decline following reports that OPEC+ may …

    Source: Oil Price - Neutral
  • Published on Apr 25, 2025

    Crude oil futures head for weekly loss

    On Friday morning, oil prices were supported by the increasing tension between Russia and Ukraine.  | Photo Credit: iStockphoto Crude oil futures traded higher on Friday morning but are headed for a weekly loss due to the prospects of an increase in …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 25, 2025

    Oil up but heads for weekly drop under supply pressure

    2025-04-25T05:29:20+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil prices rose for a second session on Friday buoyed by potential de-escalation of the U.S.-China trade war, but the market was headed for a weekly decline amid concerns about …

    Source: Shafaq News - Indeterminate
  • Published on Apr 25, 2025

    Oil prices steady on mixed economic news

    NEW YORK: Oil prices were little changed on Thursday as investors weighed a potential OPEC+ output increase, mixed economic news, conflicting tariff signals from the White House and news from the Russia-Ukraine war. Brent crude futures rose 10 cents, or 0. …

    Source: Business Recorder - Neutral
  • Published on Apr 25, 2025

    Oil set for weekly fall under supply pressure

    By Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday and were set for a weekly decline of over 2% on the back of oversupply concerns and uncertainty around tariff talks between the U.S. and China. Brent crude futures (BZ=F) fell 86 cents to $64.79 a …

    Source: Yahoo Finance - Pending

02 days 13:42:40

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  • Published on April 10, 2025 - 20:44 GMT

    Trump tariff shock causes four-year low to oil

    (MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

    Distribution channels: ...
  • Published on April 10, 2025 - 12:07 GMT

    Oil rate dips to four-year low

    (MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $ …

    Distribution channels: ...
  • Published on April 8, 2025 - 12:03 GMT

    Oil Prices Decrease Amid U.S. Trade Conflict

    (MENAFN) Oil prices experienced a sharp decline on Monday following new trade tariffs imposed by United States Leader Donald Trump. Additionally, OPEC+ announced plans to boost production in May, and Saudi Arabia decided to reduce oil prices for Asia in …

    Distribution channels: ...
  • Published on April 16, 2025 - 01:12 GMT

    MENA Energy Recap, Q1 2025: Tariffs and Sanctions Loom Large as Trump Returns

    The MENA Energy Recap is a quarterly review of key energy developments that took place in the Middle East and North Africa region from January to March 2025 and what they signal for the months ahead. The recap views these developments through the lenses of …

    Distribution channels: Politics
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