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OPEC & Oil Prices News Monitoring

  • Published on Jul 22, 2025

    Crude Oil Prices Pressured by Concerns of Oversupply

    Stacked oil barrels by JONGHO SHIN via iStock August WTI crude oil (CLQ25) today is down -0.27 (-0.40%), and August RBOB gasoline (RBQ25) is down -0.0194 (-0.90%). Crude oil and gasoline prices are under pressure today, with gasoline falling to a 2-week …

    Source: Yahoo Finance - Center-left
  • Published on 04:45 GMT

    Oil prices drop as global uncertainties persist

    The global uncertainty in the oil market has persisted as the prices of crude oil have once again dropped below $68 per barrel amidst demand and supply uncertainties. The development continues to put pressure on Nigeria’s fiscal targets. Reports say the …

    Source: Daily Trust - Indeterminate
  • Published on Jul 22, 2025

    OPEC increases output but loses grip on global oil prices

    The Organization of the Petroleum Exporting Countries (OPEC) Logo OPEC’s market sway challenged as oil prices stay firm despite supply hike OPEC is boosting oil production in a bid to reclaim market share, but prices remain unexpectedly strong, revealing …

    Source: 100.5 Cruz FM - Pending
  • Published on 05:18 GMT

    OPEC, IEA crude oil demand forecasts may be too cautious: Russell

    (The views expressed here are those of the author, a columnist for Reuters.) LAUNCESTON, Australia - A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy Agency (IEA) are being far more …

    Source: Zawya - Indeterminate
  • Published on Jul 22, 2025

    Oil Prices Decline On July 22: US-EU Tariff Fears Hit Global Demand

    Oil prices declined on Tuesday as escalating trade tensions between the United States and the European Union triggered fears of a slowdown in global economic activity, which could impact fuel consumption. Brent crude futures dropped by 28 cents, or 0.40 …

    Source: ABP Live - Indeterminate
  • Published on Jul 22, 2025

    Oil prices dip as U.S.-EU trade war fears threaten fuel demand

    Oil prices fell on Tuesday as concerns about a brewing trade war between the United States and the European Union heightened fears of weaker fuel demand due to slowing economic activity. Brent crude futures dropped 28 cents, or 0.40%, to $68.93 a barrel at …

    Source: News.Az - Pro-Government
  • Published on Jul 22, 2025

    Oil Prices Dip as U.S.-EU Trade War Looms

    Oil prices drifted lower early Tuesday in Asian markets, weighed down by escalating trade tensions between the world’s largest economies and mounting signs of rising crude supply. The looming threat of an economic slowdown with the potential to curb fuel …

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

    Oil Prices Coil Tightly Between MAs as Supply Signals Battle Demand Fears

    Oil prices continue to trade in a tight range between the 100 and 200-day MAs. Similar to Gold last week Oil prices appear to be in need of a catalyst that could provide some direction. EU Sanctions on Russian Oil Exports On Friday, the European Union …

    Source: Investing - Neutral
  • Published on Jul 22, 2025

    OPEC, IEA crude oil demand forecasts may be too cautious

    A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy Agency (IEA) are being far more cautious in their growth expectations. While the Organization of the Petroleum Exporting Countries ( …

    Source: ETEnergyworld.com - Indeterminate
  • Published on Jul 21, 2025

    Geopolitical Uncertainty: Oil prices stable, gold prices rise

    Muscat: Oil prices remained largely stable on Monday, with Crude trading at $68.60 and WTI at $65.85, balancing new European sanctions targeting Russian oil with concerns that escalating tariffs could stifle fuel demand, even as OPEC producers increase …

    Source: Oman Observer - Gov't Propaganda
  • 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 22, 2025

    Uneasy stability in oil markets amid OPEC+ moves, Middle East ceasefire

    Oil is going through a period of uneasy calm, but market players are pondering if it’s a trend that would last. The higher-than-expected rise in OPEC+ production quotas for August, combined with a ceasefire between Israel and Iran, has provided oil markets …

    Source: The Malaysian Star - Indeterminate
  • Published on Jul 21, 2025

    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 …

    Source: MENAFN - Indeterminate
  • Published on 04:06 GMT

    Memories of John Stone

    John Stone was a valued acquaintance, particularly after he had left the Treasury. He was a towering intellect within the Public Service. Very few of his peers would challenge him directly, especially those who, as traditional public servants, sought …

    Source: Quadrant - Right-wing
  • 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 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 22, 2025

    Halliburton CEO: Oil and gas markets are “softer” than expected and will remain weak for all of 2025

    A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a softer-than-expected industry environment that will continue at least through the rest of 2025, the CEOs of oilfield services leaders Halliburton …

    Source: Fortune - Neutral
  • Published on Jul 22, 2025

    Gas Prices Mostly Unchanged

    Another quiet week for gas prices in the dog days of summer. Calm oil prices are translating into steady gas prices with most states, including Oregon, seeing just small changes at the pumps. For the week, the national average for regular dips one cent to …

    Source: K103 Portland - Oregon - Pending
  • Published on Jul 22, 2025

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

    Shifting seasonality means global demand would be lower in the fourth quarter than the third, as changing consumption patterns and climate factors reshape demand The oil market is deceptively calm. Below the apparent tranquility lies an underappreciated …

    Source: Taipei Times - Neutral

05 days 21:40:52

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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 …

    Distribution channels: ...
  • 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 …

    Distribution channels: ...
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