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China, Taiwan & Hong Kong OPEC Newswire

  • Published on Apr 23, 2025

    Oil Prices Climb As Trump Eases Trade Tensions With China

    Crude oil prices climbed on renewed optimism over global trade, following U.S. President Donald Trump’s announcement of plans to ease tariffs on Chinese exports. The move signaled a potential thaw in the long-running trade war between the world’s two …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Apr 23, 2025

    Oil prices fall as Kazakhstan defies OPEC+ output limits

    Oil prices dipped around 1% on Wednesday after Kazakhstan emphasized it would prioritize its own interests over OPEC+ output agreements, overshadowing earlier gains driven by U.S. sanctions on Iran, falling crude inventories, and signals of easing U.S.- …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 23, 2025

    Stocks Surge On China Tariff Hopes, Tesla Jumps, Gold Loses Shine: What's Driving Markets Wednesday?

    Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence. The administration eased market fears on two major fronts that have recently weighed …

    Source: Benzinga - Neutral
  • Published on Apr 23, 2025

    Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output in June

    HOUSTON: Oil prices fell almost 2% on Wednesday as sources said OPEC+ could accelerate its oil output increases next month, but losses were curbed after a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures were …

    Source: Business Recorder - Neutral
  • Published on Apr 23, 2025

    Gold Sinks Thru' $3300, Silver Unmoved by Trump's About-Turn on Powell and China

    GOLD PRICES fell further on Wednesday, extending yesterday's 5% slump from new all-time highs as global stock markets rallied along with the US Dollar's FX rate after President Trump denied planning to fire Fed chair Jerome Powell and back-tracked …

    Source: Bullionvault.com - Neutral
  • Published on Apr 23, 2025

    Exclusive-OPEC+ to consider another accelerated oil output increase for June

    LONDON (Reuters) -Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters. Oil prices fell to a four-year low in April, weakened by a U.S.-China trade war …

    Source: Yahoo Finance - Pending
  • Published on Apr 23, 2025

    Kazakhstan says oil output levels decided by national interest, not OPEC+

    Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on oil production levels, the country's newly appointed Energy Minister Erlan Akkenzhenov told Reuters, ratcheting up the standoff with the group. Several other …

    Source: Zawya - Indeterminate
  • Published on Apr 23, 2025

    Oil prices down about 1% after Kazakhstan defiance on high crude output

    Oil prices lost about 1% on Wednesday after Kazakhstan struck a defiant tone about its rising oil output, erasing earlier gains on the back of U.S. sanctions against Iran, falling U.S. crude stocks and President Donald Trump softening his tone on China. …

    Source: Zawya - Indeterminate
  • Published on Apr 23, 2025

    Iraq’s Oil Gamble: Budget on the brink amid global price collapse

    Shafaq News/ Iraq stands at a perilous fiscal crossroads. The dramatic decline in global oil prices is not just a fluctuation in commodity markets—it is a seismic shift threatening to undermine Iraq’s economic foundation, disrupt state operations, and …

    Source: Shafaq News - Indeterminate
  • Published on Apr 23, 2025

    Crude Oil Prices Climb as Inventories Fall and Sanctions Tighten

    Subscribe to our free newsletter today to keep up to date with the latest oil news. Crude oil prices saw a significant increase in April 2025, driven by a combination of geopolitical developments and underlying market conditions. Brent crude futures rose …

    Source: Energy, Oil & Gas magazine - Florida - Pending
  • Published on Apr 23, 2025

    Russian Economy Dealt Blow With Slumping Oil Prices

    Russia's government has predicted the price of its oil will plummet to its lowest level in half a decade, posing a challenge to the country's sanction-hit economy. Russia's Economic Development Ministry downgraded its 2025 forecast for Urals …

    Source: Newsweek - Left-wing
  • Published on Apr 23, 2025

    Oil Falls as OPEC Fears Outweigh Possible Easing of China Levies

    (Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. Most Read from Bloomberg West Texas Intermediate futures sank as much …

    Source: Yahoo Finance - Pending
  • Published on Apr 22, 2025

    Big Oil's Broken Business Model

    In the wake of collapsing oil prices, Big Oil must alter its broken business model or face being outcompeted by smaller, nimbler energy producers. Reprinted with permission by TomDispatch. Many reasons have been provided for the dramatic plunge in the …

    Source: Utne Reader - Left-wing
  • Published on Apr 22, 2025

    Japanese refiners back OPEC+ crude output hike amid high Middle Eastern reliance

    Japan’s refiners fully support OPEC+ crude producers’ decision to increase output, as the country’s reliance on Middle Eastern suppliers is expected to remain high in 2025 despite efforts to diversify supply sources, according to traders and feedstock …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 22, 2025

    China’s Oil War

    Three months.  We only have about three months left before people start to catch on to just how cheap oil is. If you thought that oil at $50/bbl wouldn’t have much of an impact and is good for the U.S., just wait until summer rolls around.  I told you …

    Source: Energy and Capital - Neutral
  • Published on Apr 25, 2025

    Investors are waiting for the results of the meeting of the Central Bank of the Russian Federation

    Elena Kozhukhova, IC "VELES Capital". 25 April 2025 11:37 The external background on Friday morning can be described as moderately positive. Sentiment abroad remains mostly optimistic, and oil prices are trying to build on the growth seen the day …

    Source: AK&M - Pending
  • Published on Apr 25, 2025

    Traders May Take A Breather Following Three-Day Surge

    The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction after moving sharply higher over the past few sessions. Traders may take a step back to digest the recent rally by the …

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

    What an Average Home Cost in the Year You Were Born

    RiverNorthPhotography / Getty ImagesThe cost of buying a new home and mortgage rates fluctuate from year to year. Explore These: 25 Most Livable Cities for Middle-Class Families Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — …

    Source: AOL - Pending
  • Published on Apr 25, 2025

    Iran to sign $4bn oilfields deal with Russia in bid to bolster ties

    Seven Iranian oilfields will be developed in cooperation with Russian firms, according to Iran’s oil minister. Iran will sign a $4bn energy agreement with Russian companies, Iranian Oil Minister Mohsen Paknejad has announced, as the two nations seek to …

    Source: Al Jazeera - Pro-Government

02 days 06:36:42

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  • Published on April 26, 2025 - 12:14 GMT

    Russian finance minister releases budget caution

    (MENAFN) Russia's Finance Minister Anton Siluanov has cautioned that the country may face significant budgetary challenges due to falling oil revenues and global economic uncertainties. In a recent meeting, Siluanov emphasized the need to increase …

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  • Published on April 23, 2025 - 21:30 GMT

    Precision Drilling Announces 2025 First Quarter Unaudited Financial Results

    CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the …

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