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A service for global professionals · Wednesday, May 14, 2025 · 812,486,068 Articles · 3+ Million Readers
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South-East Asia OPEC Newswire

  • Published on 01:10 GMT

    Oil falls as traders note jump in US crude stockpiles

    By Seher Dareen LONDON (Reuters) -Oil prices fell on Wednesday as traders eyed a potential jump in U.S. crude inventories, awaiting official weekly data later in the day and OPEC's monthly oil report. Brent crude futures (BZ=F) fell 76 cents, or around …

    Source: Yahoo Finance - Pending
  • Published on 10:08 GMT

    3 Energy stocks powering ahead even as oil prices dip

    Oil prices have been sliding. Brent crude, which averaged US$ 79 per barrel in FY25, is now hovering at US$ 60–66. A large part of this is weighed down by global tariff wars, OPEC+ production surprises, and growing fears of a supply surplus. On paper, this …

    Source: Financial Express - Neutral
  • Published on 01:55 GMT

    Oil Holds Four-Day Gain Spurred by Trade Optimism, Iran Remarks

    “Trade optimism and Iranian sanction threats have provided strong tailwinds to the oil market,” said Warren Patterson, Singapore-based head of commodities strategy at ING Groep NV.  “However, as the tariff story fades, attention will likely turn back to …

    Source: Financial Post - Center-right
  • Published on 07:07 GMT

    The Commodities Feed: Iranian Sanctions Threat Boosts Oil

    Wednesday, May 14, 2025 1:10 AM EDT Image Source: Pixabay Energy – Iranian sanctions   ICE Brent rallied by almost 2.6% yesterday, reaching its highest since late April. A weaker USD following a cooler-than-expected US consumer price index (CPI) provided …

    Source: myMotherLode - Pending
  • Published on 00:55 GMT

    Oil eases on rising supply concerns

    Oil prices eased yesterday from a two-week high, weighed down by concerns about rising supplies and some caution over whether the pause in the US-China trade war indicated a longer-term deal was likely. Brent crude futures dropped 11 cents, or 0.2 per cent …

    Source: Gulf Daily News Online - Pro-Government
  • Published on May 13, 2025

    Trade Tensions, Oil Sanctions, and the Future of Middle East Oil

    Introduction On April 2, the Trump Administration announced global reciprocal tariffs, including the Middle East. Gulf partners were spared from high reciprocal tariffs, with the UAE, Oman, Qatar, Bahrain, Kuwait, and Saudi Arabia holding at the minimal …

    Source: Georgetown Journal of International Affairs - Washington D.C. - Pending
  • Published on May 13, 2025

    Upside for Oil Prices Remains Limited Despite U.S.-China Trade Deal

    Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading. Despite that development, abundant supply means the upside for prices remains limited. - A string of deals targeting large-cap …

    Source: Oil Price - Neutral
  • Published on May 13, 2025

    Another African country is making an aggressive push to become a major oil player

    Strategic infrastructure initiatives, international alliances, and regulatory reforms are helping to establish the country as a vital energy center in southern Africa. Partnerships with other oil-producing African countries As recently reported, Mozambique …

    Source: Business Insider Africa - Neutral
  • 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

    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 12, 2025

    Philippines: Midterm Election Day

    Today's news: Hamas announces it will release an Israeli-American hostage; In South Korea, the presidential election campaign begins ahead of the 3 June vote; The ceasefire between India and Pakistan holds, with both sides now facing decisions about …

    Source: Asia News - Center-right
  • Published on May 11, 2025

    Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise

    (Bloomberg) -- Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix, but President Donald Trump’s trade war …

    Source: Yahoo Finance - Pending
  • Published on May 9, 2025

    Delta, Korean Air Invest $550 Million In WestJet To Boost Global Airline Power

    Delta Air Lines Inc. DAL and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet. This strategic move has Delta acquiring a 15% interest for $330 million, while Korean Air …

    Source: Benzinga - Neutral
  • Published on May 9, 2025

    Oil prices up ahead of Sino-US trade meeting

    By Mohi Narayan NEW DELHI (Reuters) -Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and Britain announced a "breakthrough" …

    Source: Yahoo Finance - Pending
  • Published on May 9, 2025

    Oil firms likely to lower pump prices next week

    Manila, Philippines — Oil industry sources said that fuel prices will likely go down next week, due mostly to the plans of the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to increase oil production in June. They said that …

    Source: The Manila Times - Indeterminate
  • Published on May 8, 2025

    Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins

    Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit margins, Reuters reports, with U.S. Gulf Coast refiners processing Mars crude enjoying a doubling of margins to some $16 per …

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

    Global supply glut brings down fuel prices anew

    The country’s oil firms will roll back effecive 6am today pump prices by P1.25 per liter for kerosene, P0.90 per liter for diesel and P0.30 per liter for gasoline. “Petron will implement the following price rollbacks effective 6 am, May 13: P0.30 per liter …

    Source: Manila Standard - Pro-Government
  • Published on May 10, 2025

    Trump's China signals give shares a lift

    RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well. Fund inflows have returned to the Thai …

    Source: Bangkok Post - Center-right
  • Published on May 8, 2025

    US stocks gained and the dollar strengthened amid trade optimism following the US-UK agreement and President Trump's ...

    US stocks gained with sentiment underpinned by trade-related optimism after US President Trump confirmed a US-UK trade framework agreement and commented that China tariffs cannot go higher and will come down, which provided some encouragement ahead of US- …

    Source: Zero Hedge - Right-wing

05 days 17:37:23

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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

    Distribution channels: ...
  • Published on April 30, 2025 - 13:40 GMT

    Oil Prices Dip Due to Trade Tensions, Supply Concerns

    (MENAFN) Oil prices continued their downward trajectory on Wednesday, pressured by fears of weak demand due to the ongoing trade war between the U.S. and China, and growing worries about an oversupply in the market. Brent crude, the international benchmark …

    Distribution channels: ...
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