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A service for global professionals · Thursday, June 5, 2025 · 819,451,258 Articles · 3+ Million Readers
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Mountain U.S. OPEC News  •••  Topics

Mountain U.S. OPEC Newswire

  • Published on Jun 4, 2025

    OPEC must squeeze US shale much more to win oil price war

    Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC’s high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a lasting impact on market share. U.S. oil producers upended …

    Source: Hellenic Shipping News - Neutral
  • Published on Jun 4, 2025

    U.S. oil production: A peak in sight

    Oil production in the U.S. hits record highs, reshaping global markets and challenging OPEC’s grip. The Permian Basin, situated across West Texas and New Mexico, is the largest and most productive shale region in the world. © Getty Images ×In a nutshell …

    Source: Geopolitical Intelligence Services - Neutral
  • Published on Jun 3, 2025

    Gas Prices Decline When They Normally Head Up

    Gas prices are edging lower as June begins even as crude oil prices are climbing. The Ukrainian attacks on Russia are putting upward pressure on oil prices, but prices remain below $65 per barrel. This is helping to keep pump prices calm even as demand for …

    Source: K103 Portland - Oregon - Pending
  • Published on Jun 3, 2025

    Gas prices in Bend and around Oregon slide lower, despite rising crude oil prices

    PORTLAND, Ore. (KTVZ) – Gas prices are edging lower as June begins, even as crude oil prices are climbing, AAA Oregon/Idaho reported Tuesday. The Ukrainian attacks on Russia are putting upward pressure on oil prices, but prices remain below $65 per …

    Source: KTVZ - Oregon - Neutral
  • Published on Jun 2, 2025

    ASX falls as oil prices undercut Energy sector

    ASX slips 0.24pc in trade Falling oil prices drive energy and utilities stocks lower Gold ticks up, lifting ASX All Ords Gold Index 0.85pc The ASX fell 0.24% during the session, experiencing broad weakness on the back of renewed tariff war concerns. The …

    Source: Cairns Post - Neutral
  • Published on Jun 1, 2025

    Oil at less than 65 dollars? Good for consumers, bad for production

    A positive scenario for consumers, less so for producers. Brent crude is currently trading below $65 per barrel, a significant drop from its 2022 levels following Russia’s invasion of Ukraine. Back then, it was well above $100, even surpassing $120. Here’s …

    Source: Portugal Pulse - Neutral
  • Published on Jun 1, 2025

    OPEC+ to hike oil production in July, prioritizing market share

    Eight OPEC+ countries, including Saudi Arabia, Russia, Iraq, and the UAE, agreed on Saturday to increase oil production by 411,000 barrels per day (bpd) in July, continuing their strategy to reclaim market share and enforce compliance among members. The …

    Source: CGTN - Gov't Propaganda
  • Published on Jun 1, 2025

    Oil below $65 comes as boon for consumers, but burden on producers

    U.S. President Donald Trump's tariffs, his famous call to "drill baby drill," but particularly a decision by a group of the world's top producers to hike crude output quotas have oil prices trading at lows not seen since the COVID-19 …

    Source: Sabah - Pending
  • Published on Jun 1, 2025

    Oil under $65 a boon for consumers, but a burden on producers

    US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic.  That is good news for consumers but not so …

    Source: Voices News - Connecticut - Neutral
  • Published on May 30, 2025

    U.S. oil companies are ‘battening down the hatches’

    By Rebecca F. Elliott New York Times U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying off workers as they pare …

    Source: The Spokesman-Review - Washington State - Neutral
  • Published on May 31, 2025

    Daines’ ‘Drill Everywhere’ Bill throws Sportsmen Under the Bus

    There’s a good chance that Senator Steve Daines’ (R-Mont.) will try to sneak through his “Drill Everywhere” bill, S.460, via Congress’ ongoing budget reconciliation process. That is very bad news for hunters, fishermen, and other outdoor enthusiasts across …

    Source: Flathead Beacon - Montana - Neutral
  • Published on 13:03 GMT

    FTSE 100 Live: UK index adds some momentum, ECB rate cut expected

    FTSE 100 builds a little momentum Wall Street points higher Wise Plc confirms New York plan Oil industry investment to fall this year Trump continues to pressure Fed   1:30pm: Wall Street points slightly higher ahead of open Wall Street opened Thursday in …

    Source: Proactive UK - Neutral
  • Published on 00:44 GMT

    The morning catch up: ASX 200 to hold steady as weak US data fuels...

    The Australian sharemarket is set for a flat open, with ASX 200 futures down just 1 point (-0.01%) at 8:30 am AEST this morning. The local benchmark enters today’s session hovering near record highs, having added 0.89% yesterday despite simmering global …

    Source: Proactive Australia - Neutral
  • Published on Jun 4, 2025

    Lomas: Risks in gold projects abroad

    The price of gold recently reached an all-time high of $3,300 per ounce, although adjusting for inflation, it barely surpassed gold’s peak value in early 1980. Bad global news is generally good gold news. The late 70s was a mixture of high inflation, OPEC’ …

    Source: Elko Daily Free Press - Nevada - Pending
  • Published on Jun 4, 2025

    3 Big Things Today, June 4, 2025

    1. Soybean, Grain Futures Higher in Overnight Trading Soybean and grain futures were higher in overnight on strengthening oil prices and a narrowly weaker dollar.  Oil futures climbed Tuesday on worries that Iran will not accept a nuclear deal proposal …

    Source: Successful Farming - Neutral
  • Published on Jun 4, 2025

    Wall Street rallies as growth optimism lifts all major indexes

    4:12pm: Nvidia takes the crown as most valuable company Wall Street in headed into June with a wave of optimism, as all major indexes closed higher on Tuesday amid renewed confidence in economic growth, resilient hiring, and a solid start to corporate …

    Source: Proactive USA - Indeterminate
  • Published on Jun 3, 2025

    US Futures Drop After Ugly China PMI Print, OECD Cuts Global Outlook

    US equity futures follow European markets lower, although off session lows, amid more tariff gloom confronting traders this morning: the pressure of Trump’s tariffs pushed China’s manufacturing PMI survey to its lowest since 2022, while the OECD cut its …

    Source: Zero Hedge - Right-wing
  • Published on Jun 2, 2025

    Trump puts pressure on Republican senators to pass tax bill. See a recap of the day’s events.

    Trump administration to open Alaska wilderness to drilling and mining — 9:01 p.m. New York Times The Trump administration said Monday that it planned to eliminate federal protections across millions of acres of Alaskan wilderness, a move that would allow …

    Source: The Boston Globe - Massachusetts - Neutral
  • Published on Jun 2, 2025

    Lunch Wrap: ASX dips, Bluescope flexes on Trump’s latest steel tariff

    BlueScope flies on steel tariff boost. Picture via Getty Images ASX wobbles as Trump fires up trade war again Bluescope flies on steel tariff boost Brickworks and Soul Patts merge in $14bn deal   The ASX opened the week on a bit of a downer, slipping by 0. …

    Source: Stockhead - Neutral

26 days 13:53:52

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