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A service for global professionals · Thursday, April 24, 2025 · 806,103,823 Articles · 3+ Million Readers
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Iraq OPEC & Crude Oil News Monitoring

  • Published on Apr 22, 2025

    Saudi Arabia’s Crude Oil Exports Jumped by 500,000 Bpd in February

    Saudi Arabia’s crude oil exports jumped by nearly 500,000 barrels per day (bpd) in February compared to January, the latest data from the Joint Organizations Data Initiative (JODI) showed on Tuesday. Crude exports from the world’s biggest crude exporter …

    Source: Oil Price - Neutral
  • Published on Apr 22, 2025

    India’s Oil Imports From OPEC Hit Record Low as Russian Flows Soar

    OPEC’s market share in India slumped to an all-time low of below 50% of India’s crude oil imports in the 2024-2025 fiscal year, as Russian oil flows to the world’s third-largest crude importer continued to rise and dent the share of the Middle Eastern …

    Source: Oil Price - Neutral
  • Published on Apr 23, 2025

    Saudi Arabia and India Forge Deeper Energy Ties

    The world’s largest crude oil exporter, Saudi Arabia, and the third biggest importer, India, agreed on Wednesday to enhance cooperation in the energy sector, including in crude oil and petroleum products supply and the construction of two refineries.  The …

    Source: Oil Price - Neutral
  • Published on Apr 19, 2025

    Crude oil logs first weekly gain in 3 weeks: Brent, WTI up 5%; Buy or sell?

    Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which continued to elevate supply concerns. Brent crude futures …

    Source: Mint - Neutral
  • Published on Apr 20, 2025

    Iraq’s oil exports fall by 3% in 2025’s first quarter

    Baghdad (IraqiNews.com) – With ongoing production cuts in accordance with OPEC+ agreements and further voluntary reductions, Iraq’s average exports of crude oil and derivatives fell by 110,000 barrels per day in the first quarter of 2025, a three percent …

    Source: Iraqi News - Indeterminate
  • Published on Apr 18, 2025

    Iraq’s Oil Exports Dip in Q1 as Baghdad Vows Further Cuts

    Iraq’s crude and oil product exports fell by 110,000 barrels per day (bpd) from a year earlier to 3.7 million bpd in the first quarter of 2025, per data from Energy Research Unit cited by Shafaq News. The 3% drop in exports came as OPEC’s second-largest …

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

    Saudi Arabia limits its oil production to maintain its leadership in OPEC+

    Oil has suffered major falls that have meant that Saudi Arabia, OPEC+'s main oil producer, finds itself in a difficult situation where it will have to assess its oil production in exchange for maintaining leadership in the organisation, as a result of …

    Source: Atalayar - Indeterminate
  • 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 21, 2025

    BPCL, HPCL, IOCL : Brent crude prices below $70 a barrel and be supportive for the Oil Marketing Companies

    Stock Market today: Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) saw their share prices rise up to ₹3.7% during the Intraday trades on Monday. The analysts reports indicate that Brent …

    Source: Mint - Neutral
  • Published on Apr 21, 2025

    Oil Prices Begin the Week With a Dip

    Crude oil prices began trade this week with a decline amid diminished hopes for a quick end to the war in the Ukraine and the prospect of lower demand amid the tariff turmoil. News of nuclear deal negotiations between the United States and Iran contributed …

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

    Oil Prices Set to Post First Weekly Gain in Three Weeks

    Crude oil futures logged their first weekly gain in three weeks, lifted by a fresh round of U.S. sanctions on Iran, stepped-up output discipline from OPEC producers, and improved U.S. export flows. In a holiday-shortened trading week, West Texas …

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

    Oil's Not Dead Yet - Smart Money Thinks The Bottom's In

    After months of sliding prices and bearish charts, oil just pulled a fast one. The United States Oil Fund USO is up over 7% in the last five days – its best weekly move in months – raising the inevitable question: is the bottom finally in? Chart created …

    Source: Benzinga - Neutral
  • Published on Apr 18, 2025

    Today Is Good Friday - Most Financial Markets Will Be Closed

    Friday, April 18, 2025 6:00 AM EDT Image source: Pixabay   As of Thursday’s close, the Dow Jones Index (US30) was down 1.33%. The S&P 500 Index (US500) was up 0.13%. The Nasdaq Technology Index (US100) closed at opening levels. The US stocks closed …

    Source: myMotherLode - Pending
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  • Published on April 10, 2025 - 20:44 GMT

    Trump tariff shock causes four-year low to oil

    (MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

    Distribution channels: ...
  • Published on April 10, 2025 - 12:07 GMT

    Oil rate dips to four-year low

    (MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $ …

    Distribution channels: ...
  • Published on April 8, 2025 - 12:03 GMT

    Oil Prices Decrease Amid U.S. Trade Conflict

    (MENAFN) Oil prices experienced a sharp decline on Monday following new trade tariffs imposed by United States Leader Donald Trump. Additionally, OPEC+ announced plans to boost production in May, and Saudi Arabia decided to reduce oil prices for Asia in …

    Distribution channels: ...
  • Published on April 16, 2025 - 01:12 GMT

    MENA Energy Recap, Q1 2025: Tariffs and Sanctions Loom Large as Trump Returns

    The MENA Energy Recap is a quarterly review of key energy developments that took place in the Middle East and North Africa region from January to March 2025 and what they signal for the months ahead. The recap views these developments through the lenses of …

    Distribution channels: Politics
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