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South Central U.S. OPEC Newswire

  • Published on May 13, 2025

    Oil slips as worry about increased supply counters US-China trade relief

    Singapore — Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supply, despite earlier optimism over the pause in the US-China trade war after both countries temporarily cut tariffs. Brent crude futures dropped 22c, or …

    Source: BusinessLIVE - Pending
  • Published on May 13, 2025

    Oil falls as concerns over rising supplies

    Ammon News - Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies, despite earlier optimism over the pause in the U.S.-China trade war after both countries temporarily cut tariffs. Brent crude futures dropped 22 …

    Source: Ammon News - Indeterminate
  • Published on May 13, 2025

    US oil sector expresses disappointment with Trump

    (MENAFN) The US oil industry is increasingly dissatisfied with President Donald Trump’s policies, with falling crude prices and tariffs putting pressure on producers, particularly smaller ones, according to Bloomberg. During his campaign, Trump’s “drill, …

    Source: MENAFN - Indeterminate
  • Published on May 13, 2025

    Tennessee gas prices hold steady ahead of Memorial Day travel surge

    Published 1:26 pm Monday, May 12, 2025 NASHVILLE — Tennessee gas prices held steady over the past week, starting Monday with the same statewide average as the week before, according to AAA – The Auto Club Group. The average price for a gallon of regular …

    Source: Elizabethton Star - Tennessee - Pending
  • Published on May 13, 2025

    Halliburton, Schlumberger Brace for the Next Oil Slump

    U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly, drillers drilled more, and even the climate-focused energy policies of the Biden administration could not ruin that. Now, a price rout that …

    Source: Oil Price - Neutral
  • Published on May 12, 2025

    Oil prices climb 2% to two-week high on US-China tariff reductions

    Oil prices climbed about 2% to a two-week high on Monday after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies. Brent crude futures rose $1.35, or 2.1%, to $65. …

    Source: The Economic Times - Pending
  • Published on May 13, 2025

    Oil prices climb 2pc

    NEW YORK: Oil prices climbed about two per cent to a two-week high on Monday after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world’s two biggest economies. Brent crude futures rose $1.35, or …

    Source: Dawn - Center-left
  • Published on May 12, 2025

    Oil prices climb 2% to two-week high

    NEW YORK: Oil prices climbed about 2% to a two-week high on Monday after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies. Brent crude futures rose $1.35, or 2.1%, …

    Source: The Express Tribune - Indeterminate
  • Published on May 12, 2025

    Oil prices settle up at two-week high as US, China ease tariffs

    [NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world’s two biggest economies. Brent crude futures rose …

    Source: The Business Times Singapore - Neutral
  • Published on May 13, 2025

    US crude oil climbs on $600M Saudi investment boost

    By Erwin Seba HOUSTON (Reuters) - U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest $600 million in the United States. Brent crude (BZ=F) futures rose 88 cents, or about 1.35%, …

    Source: Yahoo Finance - Pending
  • Published on May 12, 2025

    Oil Prices Rise on Eased Trade Tensions

    Oil and most other commodities powered higher, while gold fell, after China and the US ratcheted down trade tensions that had threatened to slash demand for raw materials. West Texas Intermediate crude rose 1.5% to settle at $61.95 a barrel in New York, …

    Source: Rigzone - Neutral
  • Published on May 12, 2025

    Goldman Sachs Sees Final OPEC+ Output Hike in July

    Goldman Sachs analysts have reportedly suggested that OPEC+ is likely to pause further oil production increases due to deteriorating global economic conditions. Goldman reportedly anticipates that OPEC+ will make a "final" decision in July to …

    Source: Oil Price - Neutral
  • Published on May 12, 2025

    U.S. Shale Industry Braces for Increased Saudi Oil Production

    Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost oil production in a market that is already adequately …

    Source: Oil Price - Neutral
  • Published on May 12, 2025

    California gas prices on the rise as summer nears

    WALNUT CREEK, Calif. – California gas prices have risen in the last few days, a trend that contrasts with sliding prices in most of the country. The average price of gasoline in California is currently $4.82, an increase of five cents from last week. …

    Source: Tahoe Daily Tribune - California - Pending
  • Published on May 12, 2025

    Oil jumps as traders signal 'risk back on' after China-US trade truce

    Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and commodities higher. West Texas Intermediate (CL=F) futures rallied over 2% to hover near $62.50 per barrel. Brent crude (BZ=F), the …

    Source: Yahoo Finance - Pending
  • Published on May 12, 2025

    Oil Prices Climb As US-China Trade Talk Progress Eases Market Jitters

    Monday, May 12, 2025 5:46 AM EDT  Image Source: Unsplash   Gains capped by OPEC+ plans to increase oil output in May/June, though April output dipped. Positive sentiment driven by US and China touting "progress" and "important consensus…

    Source: myMotherLode - Pending
  • Published on May 12, 2025

    Gas Prices Plunge as Summer Nears

    Georgia drivers are breathing easier at the gas pump, with prices dropping for the third straight week. Georgians now pay an average of $2.88 per gallon for regular unleaded. That’s down 4 cents from last Monday, 11 cents from a month ago, and a hefty 53 …

    Source: The Georgia Sun - Neutral
  • Published on May 12, 2025

    Oil prices jump over 3% on US-China tariff reductions

    TOKYO: Oil prices rose more than $2 in Asian trading on Monday after the US and China said they would ease some of their tariff measures, lifting market sentiment that the world’s two largest crude users may be moving toward resolving their trade dispute. …

    Source: Business Recorder - Neutral
  • Published on May 12, 2025

    Oil Prices Rise Amid US-China Trade Talks and Market Uncertainty

    Oil prices continued to rise as market participants shifted their focus to the upcoming trade discussions between the US and China, scheduled for this weekend. Bloomberg reported that Brent crude surpassed $63 per barrel after a 2.8% increase in the …

    Source: Global Trade - Texas - Neutral

06 days 02:00:17

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  • Published on May 13, 2025 - 11:20 GMT

    US oil sector expresses disappointment with Trump

    (MENAFN) The US oil industry is increasingly dissatisfied with President Donald Trump’s policies, with falling crude prices and tariffs putting pressure on producers, particularly smaller ones, according to Bloomberg. During his campaign, Trump’s “drill, …

    Distribution channels: ...
  • Published on May 13, 2025 - 10:00 GMT

    High Arctic Announces 2025 First Quarter Results

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- High Arctic Energy …

    Distribution channels: Business & Economy ...
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