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South America OPEC Newswire

  • Published on Jul 21, 2025

    Venezuela: Oil Industry Navigates Sanctions, Places 90 Percent of Exports to China

    The Caribbean nation’s energy sector has sustained production and export levels in recent months. (PDVSA) Caracas, July 21, 2025 (venezuelanalysis.com) – The Venezuelan oil sector has maintained production and export levels in the face of renewed US …

    Source: Venezuelanalysis - Left-wing
  • Published on Jul 21, 2025

    OPEC’s Pursuit of Clean Cooking for All: The Role of Liquefied Petroleum Gas

    By: HE Haitham Al Ghais July 21, 2025 Hour: 11:36 am It is a statistic that is both unsettling and shocking. Roughly a quarter of the world’s population, about 2.1 billion people, depend on polluting fuels for cooking. Inefficient cooking fuels pose major …

    Source: teleSUR - Gov't Propaganda
  • Published on Jul 21, 2025

    Managing Nigeria’s oil output gains ahead of OPEC quota review

    Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using collective action to seek global production versus price equilibrium, in response to major consumer countries perceived to have …

    Source: Business Day - Neutral
  • Published on Jul 21, 2025

    Oil Prices Dip As EU Rolls Out Fresh Sanctions Against Russia, Global Trade Fears Mount

    Oil markets began the week on a cautious note as European Union (EU) sanctions targeting Russian energy exports came into force, triggering a modest decline in crude prices. The move coincided with uncertainty surrounding international trade negotiations …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Jul 21, 2025

    Middle East war and tariff to drive oil and coal prices up – petcoke stable

    It has been another month dominated by geopolitics, most prominently the conflict between Israel and Iran. The bombing and missile exchanges led to a jump in oil prices before it became clear that Iran would close the Strait of Hormuz, being dependent on …

    Source: International Cement Review - Neutral
  • Published on Jul 21, 2025

    Brazil’s Defiant Stance Against the U.S. Has Rarely Paid Off, History Shows

    (Analysis) Official sources and historical records reveal a persistent pattern: Brazil has repeatedly misjudged the limits of its leverage when challenging the United States. Diplomatic ambitions and major strategic initiatives have consistently collided …

    Source: The Rio Times - Neutral
  • Published on Jul 21, 2025

    Brazil’s Financial Morning Call for July 21, 2025

    Brazil’s financial markets open today under heightened uncertainty, driven by escalating U.S. trade tensions and domestic political developments that have rattled investor confidence. The U.S.’s 50% tariffs on Brazilian imports, effective August 1, 2025, …

    Source: The Rio Times - Neutral
  • Published on Jul 21, 2025

    Winter is coming for oil — and not in a positive way

    The oil market is deceptively calm. Below the apparent tranquility lies an underappreciated transformation that has slowly reshaped the market over the last 25 years — because the arrival of China and India as big consumers hasn’t just given an enormous …

    Source: The Economic Times - Center-right
  • Published on Jul 20, 2025

    Global M&A slows but gas deals hold up

    Upstream merger and acquisition (M&A) activity fell sharply in early 2025, although gas deals are proving attractive, according to new research from Rystad Energy Global deal value plunged 39% from the fourth quarter of 2024 to just US$28bn in the …

    Source: Oil Review Middle East - Neutral
  • Published on Jul 20, 2025

    Oil Price Volatility and Higher Valuations Cause M&A Activity to Slow

    Upstream merger and acquisition (M&A) activity experienced a sharp downturn in early 2025, with global deal value plunging 39% from the fourth quarter of 2024 to just $28 billion in the first quarter of 2025 – less than half the $66 billion recorded in …

    Source: Oil Price - Neutral
  • Published on Jul 18, 2025

    Oil Prices Climb After the EU Imposes New Sanctions on Russia

    Oil prices moved higher on Friday morning after the EU agreed to an 18th package of sanctions against Russia, but the effectiveness of the sanctions is yet to be seen. Friday, July 18th, 2025  The constant drumbeat of Russian sanction announcements is …

    Source: Oil Price - Neutral
  • Published on Jul 18, 2025

    Nayara refinery to be hit hard by EU sanctions on Russian oil

    It also imposed sanctions on more ‘shadow fleet ships’, which are largely used for moving crude oil from Russia. Kaja Kallas, EU’s high representative for foreign affairs and security policy said in a post on social media platform X that the 27-nation …

    Source: Mint - Neutral
  • Published on Jul 18, 2025

    Oil sanctions: What can India do without Russian crude?

    After Western nations imposed sanctions on Russia and stopped buying its oil due to its invasion of Ukraine in 2022, Russia's heavily discounted oil started flooding India, helping India keep inflation in check and economy stable amid all the global …

    Source: The Economic Times - Center-right
  • Published on Jul 18, 2025

    BlackRock-led consortium to invest $10bn in Aramco’s Jafurah gas project infrastructure

    Saudi Aramco is reportedly nearing an agreement to secure approximately $10bn (SR37.5bn) from a consortium spearheaded by BlackRock towards infrastructure for its Jafurah gas project, reported Reuters, citing sources. This deal is part of a strategy by …

    Source: Offshore Technology - Neutral
  • Published on Jul 18, 2025

    Oil Prices Slide Under Trade and Inventory Pressures

    WTI crude oil traded between a high of $68.34 and low of $64.11 before reaching $66.28 as of Thursday's close, down $0.86 or -1.28%. The price action reflected competing fundamental forces: escalating geopolitical tensions that initially supported …

    Source: Oil Price - Neutral
  • Published on Jul 18, 2025

    4 Oil Market Myths That Just Won’t Die

    They've been debunked. Repeatedly. But like zombies in a horror movie, these oil market myths just won’t stay dead. From campaign slogans to cocktail party arguments, here's what the data really says. 1) The U.S. is Energy Independent  Energy …

    Source: Oil Price - Neutral
  • Published on Jul 17, 2025

    Will continue to buy oil from Russia, India insists after NATO threat

    Unfazed by NATO secretary general Mark Rutte’s blunt warning of “100% secondary sanctions,” the government of India on Thursday indicated it felt “no pressure” as far as purchases of oil from Russia or any other country of its choice. “We will buy from …

    Source: Financial Express - Neutral
  • Published on Jul 17, 2025

    Trump's plan to cut off Russian oil funds could raise prices for everyone

    U.S. President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.Top of that list? China and India, two of the world’s most important economies.The U.S. could slap those …

    Source: KHBS - Arkansas - Neutral
  • Published on Jul 17, 2025

    India Unfazed by Trump Threat of Secondary Sanctions on Russian Oil Buyers

    India is not concerned about President Trump’s threat to crack down on Russia’s oil exports and slap secondary sanctions or tariffs on buyers of Russian crude if no peace deal on Ukraine is reached in 50 days.  “I'm not worried at all. If something …

    Source: Oil Price - Neutral

06 days 18:49:50

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  • Published on July 21, 2025 - 10:09 GMT

    Oil Prices Dip Below USD70

    (MENAFN) Crude oil prices slipped beneath the significant $70 threshold last week as an uptick in production from the OPEC+ alliance helped calm fears over global supply. Simultaneously, fresh tariff threats from U.S. President Donald Trump cast a shadow …

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  • Published on July 21, 2025 - 07:39 GMT

    Oil Prices Drop Below USD70 Threshold

    (MENAFN) Last week, oil prices dropped beneath the crucial $70 threshold, driven by increased production from OPEC+ that alleviated concerns about tight global supply, alongside fresh US tariff threats under President Donald Trump that weakened demand …

    Distribution channels: ...
  • Published on July 17, 2025 - 17:56 GMT

    Russia, Nigeria Bolster Energy Cooperation

    (MENAFN) Russia's Deputy Prime Minister, Alexander Novak, has underscored the critical role that the alliance between Moscow and Abuja under the OPEC+ framework plays in preserving equilibrium in the international oil sector. His comments followed a …

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