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China, Taiwan & Hong Kong OPEC Newswire

  • Published on Feb 25, 2025

    Oil prices fall 2% to two-month low on worries about US tariffs

    NEW YORK: Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the U.S. and Germany, driven in part by worries about U.S. President Donald Trump’s push for trade tariffs. Brent futures fell $1.61, or 2.25%, to $73.17 a …

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

    Oil up on concerns over Iran sanctions, strong refining margins

    BEIJING: Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased concerns supply might tighten and as global refining margins remained strong. Brent crude futures rose 15 cents, or 0.2%, to $74. …

    Source: The Malaysian Star - Uncategorized
  • Published on Feb 25, 2025

    Oil prices dip on the Trump rollercoaster

    LONDON: Oil prices dipped on Tuesday, buffeted by U.S. President Donald Trump’s foreign policies as he juggles a push for peace in Ukraine, a tariff war with former allies and more sanctions on Iran. Brent crude futures were down 57 cents, or 0.8%, to $74. …

    Source: Business Recorder - Neutral
  • Published on Feb 28, 2025

    BP goes back to petroleum

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This year marks the 25th anniversary of BP’s attempt to rebrand itself as a greener oil and gas company, going “Beyond Petroleum”. …

    Source: The Financial Times - Neutral
  • Published on Feb 24, 2025

    US targets Chinese and Indian operators in new sanctions on Iran’s shadow oil fleet

    Oil is a top source of revenue for Iran, and targeting the country’s exports is meant to deny the government funds for its nuclear and missile programmes.PHOTO: REUTERS WASHINGTON – The US imposed a fresh round of sanctions targeting Iran’s oil industry on …

    Source: The Straits Times - Pro-Government
  • Published on Feb 24, 2025

    Iran's shadow oil fleet faces new US curbs

    WASHINGTON: The United States imposed a fresh round of sanctions targeting Iran's oil industry on Monday, hitting more than 30 brokers, tanker operators, and shipping companies for their role in selling and transporting Iranian petroleum, the Treasury …

    Source: The Express Tribune - Uncategorized
  • Published on Feb 25, 2025

    Oil price may stay below 2025 budget threshold as FG mulls gas expansion

    Global energy research body, Wood Mackenzie, has said Brent crude oil prices will average $73 per barrel this year, about $2 below Nigeria’s ambitious $75 per barrel projection in the 2025 budget which faces serious revenue crisis. Considering various …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Feb 25, 2025

    Oil gains on supply concerns from Iran sanctions, strong refining margins

    BEIJING: Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased concerns supply might tighten and as global refining margins remained strong. Brent crude futures rose 38 cents, or 0.5%, to $75. …

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

    Indigenous Producers’ Oil Output to Grow by One Million Barrels Per Day in 5 Years

    •PETAN plans $450m investment to boost members’ local content capacity •Contractors lament import of 76,000MT of threaded steel pipes in 2024 against industry rules Peter Uzoho Indigenous producers under the umbrella of Independent Petroleum Producers …

    Source: This Day - Pro-Government
  • Published on Feb 25, 2025

    Oil investors allocated $80 billion elsewhere in last decade, bypassing Nigeria – Olu Verheijen 

    The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has disclosed that over the past decade, global oil and gas investors have allocated $80 billion elsewhere, bypassing Nigeria. She made this statement on Monday during her remarks at …

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

    Oil prices gain for a second day as US sanctions on Iran raise supply concerns

    By Colleen Howe BEIJING (Reuters) - Oil prices rose for a second day on Tuesday as the U.S. imposed fresh sanctions on Middle Eastern producer Iran that increased concerns supply might tighten. Brent crude futures rose 38 cents, or 0.51%, to $75.16 a …

    Source: Yahoo Finance - Label Pending
  • Published on Feb 24, 2025

    Oil Traders Shrink Exposure as Bullishness Wanes

    Crude oil traders have been reducing their exposure to contracts for the commodity in a sign that sentiment is yet again changing. Net-long bets on West Texas Intermediate fell for the fourth week in a row, reaching the lowest since last October, Bloomberg …

    Source: Oil Price - Neutral
  • Published on Feb 24, 2025

    Oil Prices Drop Amid Market Uncertainty

    Oil prices fluctuated last week, initially rising due to geopolitical tensions but later retreating as uncertainty clouded the market. Prices surged after the European Union (EU) expanded sanctions on Russia and reports surfaced of a Ukrainian attack on a …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Feb 23, 2025

    Oil Prices Decline Amid Supply Disruptions And Market Uncertainty

    (MENAFN- The Arabian Post) Oil prices experienced a decline on Friday, with brent futures decreasing by 73 cents, or 0.95%, to $75.75 per barrel, and U.S. West Texas Intermediate crude falling by 73 cents, or 1%, to $71.75 per barrel. Despite this downturn …

    Source: MENAFN - Uncategorized
  • Published on Feb 21, 2025

    Range-bound oil market breaks out to the downside

    Oil, fundamental analysis After a bullish start to the holiday-shortened trading week, oil prices look to settle lower on market uncertainty as numerous conflicting factors played out. An attack on a crude pipeline pumping station, Trump administration …

    Source: Oil & Gas Journal - Label Pending
  • Published on Feb 26, 2025

    Noticeable strengthening of the ruble

    Elena Kozhukhova, VELES Capital 26 February 2025 11:42 The external background on Wednesday morning can be described as moderately positive. Oil prices are trying to rise after falling the day before, and sentiment on global stock markets is improving. …

    Source: AK&M - Label Pending
  • Published on Feb 26, 2025

    Tanker tin foil hats on

    If you have spent the last 40 days or so under your desk wearing a tin foil hat to keep out the geopolitical noise, then you have my sympathy. As the new US administration thrashes about breaking stuff, traders and investors have displayed a curious calm, …

    Source: Splash 247 - Neutral
  • Published on Feb 25, 2025

    The Energy Report: Power to the People

    Energy Czar, Interior Secretary Doug Burgum’s call to every U.S. power plant to produce 10-15% more electricity to meet the growing energy needs to expand artificial intelligence is right on and is welcomed by the US oil, natural gas and utility industry …

    Source: Investing - Neutral
  • Published on Feb 25, 2025

    Why Are Investors Worried About Washington?

    Updates: Policy/News/Markets, Feb. 25, 2025 — Mexico’s Sheinbaum pushes for USMCA deal as tariff deadline nears. Mexican President Claudia Sheinbaum reaffirmed her commitment to securing a deal with the U.S. to prevent the imposition of 25% tariffs …

    Source: Profarmer - Label Pending

03 days 00:49:29

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