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Texas OPEC Newswire

  • Published on Jun 10, 2025

    Demand for oil to soar 44 per cent from now until 2050, OPEC’s secretary-general tells Calgary gathering

    Open this photo in gallery:Haitham al-Ghais, Secretary-General of OPEC, delivers a speech at the Global Energy Show in Calgary on Tuesday.Jeff McIntosh/The Canadian Press There is no oil demand peak on the horizon, the head of the OPEC says, taking aim …

    Source: The Globe and Mail - Neutral
  • Published on 02:25 GMT

    Frontline report: Russia faces oil price collapse as OPEC+ hikes production again

    Today, there is interesting news from the Middle East. Here, OPEC has made a decisive move to punish member states violating production quotas by ramping up output and pushing oil prices to new lows. As the global markets react, the shockwaves hit Russia …

    Source: Euromaidan Press - Neutral
  • Published on 01:31 GMT

    Oil up on hopes of positive US-China trade talks

    NEW YORK: Oil prices edged up 1% to a seven-week high on Tuesday on hopes trade talks between the US and China - the world’s two biggest economies - will result in a deal that could support global economic growth and boost oil demand. Brent crude futures …

    Source: Business Recorder - Neutral
  • Published on 01:42 GMT

    Oil prices down, markets assess US-China trade talks outcome

    By Katya Golubkova TOKYO (Reuters) -Oil prices fell in early trade on Wednesday as markets were assessing the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases …

    Source: Yahoo Finance - Center-left
  • Published on 06:42 GMT

    Oil Prices Reacted To The Results Of Trade Talks Between The US And China

    Brent futures fell. Oil prices declined as investors weigh the implications of recent trade talks between the United States and China, the results of which are yet to be considered by President Donald Trump. According to Reuters. It is also noted that …

    Source: Charter 97 - Center-left
  • Published on Jun 10, 2025

    An Oil Slump Could Take Prices Into $40 Range

    Oil prices could fall below $50 this year as a flood of new supply from OPEC and its allies comes onto the market in the coming months, according to a new projection by S&P Global Commodity Insights released on Monday. The projection comes after oil …

    Source: Yahoo Finance - Center-left
  • Published on Jun 10, 2025

    Oil rises on US-China talks and Saudi supply dip

    Oil prices extended gains on Tuesday, buoyed by U.S.-China trade talks and a dip in Saudi Arabian crude supply to China. Brent crude futures rose 23 cents, or 0.3%, to $67.27 a barrel by 1331 GMT, hovering near their highest since April 28. U.S. West Texas …

    Source: Zawya - Indeterminate
  • Published on Jun 10, 2025

    Oil rises on optimism about US-China talks easing trade tensions

    LONDON - Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China trade talks and as Saudi Arabia's crude supply to China is set to dip slightly. Brent crude futures rose 34 cents, or 0.5%, to $67.38 a barrel by 1045 GMT. U.S. West …

    Source: Zawya - Indeterminate
  • Published on Jun 10, 2025

    The new Texas wastewater regulations could increase costs for oil producers

    The new guidelines for permitting wastewater disposal wells are likely to increase the costs of oil producers, as the crude price is low. This will be the latest challenge faced by an industry that has seen its output growth slow down as it matures. U.S. …

    Source: World Energy News - Connecticut - Pending
  • Published on Jun 10, 2025

    Oil Keeps Climbing After Hitting Multi‑Week Highs As US‑China Trade Talks Spark Demand Hopes

    Brent crude futures rose 0.3% at $67.22 per barrel, while West Texas Intermediate crude futures were up 0.2% at $65.43 per barrel, as of 1.04 am ET. Oil prices edged higher on Tuesday as investors remained bullish about a favorable outcome of U.S.-China …

    Source: myMotherLode - California - Pending
  • Published on Jun 10, 2025

    Oil up as market watches US-China trade talks

    By Anjana Anil and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand. Brent crude futures rose 28 cents, or 0.4%, to …

    Source: Yahoo Finance - Center-left
  • Published on Jun 10, 2025

    US-China trade talks resume in London as rare earths, tariffs dominate agenda; oil and gold hold steady

    US-China trade talk: Top leaders from the United States and China met in London on Monday to strengthen a temporary 90-day trade agreement that has caused global economic concerns. The talks took place at Lancaster House, a historic building near …

    Source: Financial Express - Neutral
  • Published on Jun 9, 2025

    OPEC+ fails to deliver on output pledge – Morgan Stanley

    The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialised, commodity analysts from Morgan Stanley said. “Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an …

    Source: Business Day - Neutral
  • Published on Jun 9, 2025

    Crude Oil Gains Ground As Energy Markets Hope For Us-China Trade Solutions

    Monday, June 9, 2025 5:32 PM EDT Image Source: Unsplash US West Texas Intermediate (WTI) Crude Oil prices are testing fresh seven-week highs on Monday, punching further above $64.00 per barrel. Energy traders are banking on a double upswing in demand from …

    Source: myMotherLode - California - Pending
  • Published on Jun 9, 2025

    Texas natural gas production set record high earlier this year

    Texas’s natural gas production set record highs this spring as the state’s oil production remained at strong levels, reinforcing “Texas’ central role in powering the U.S. and global economies,” according to a report released Monday by the Texas Oil & …

    Source: The Dallas Morning News - Texas - Neutral
  • Published on Jun 9, 2025

    BofA: Oil Prices Could Jump on Coming Short Covering

    Trend-following commodity trading advisors (CTAs) could soon begin covering their significant short positions in oil, driving prices higher, according to Bank of America analysts cited by Investing.com. The sudden buying demand in the crude futures market …

    Source: Oil Price - Neutral
  • Published on Jun 9, 2025

    Oil prices steady ahead of US-China trade talks

    Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures gained 11 cents, or 0.2%, to $66.58 a barrel by 1312 …

    Source: Zawya - Indeterminate
  • Published on Jun 9, 2025

    Oil prices dip on weak China data, but hopes for US-China trade deal support

    Business Business Oil prices dip on weak China data, but hopes for US-China trade deal support Close Brent crude futures slipped 18 cents to $66.29 a barrel, while US WTI crude fell 15 cents to $64.43 Published On: Mon, 09 Jun 2025 13:54:24 PKT SINGAPORE ( …

    Source: Dunya News - Indeterminate
  • Published on Jun 9, 2025

    Oil prices fall amid concerns of supply

    On Monday oil prices slightly fell over concerns of supply, and the geopolitical nervousness continues to rumble markets. West Texas Intermediate (WTI) fell $64.20 by 9am on Monday, then bounced back and traded 0.2% lower, Brent Crude also fell 0.2% and …

    Source: LondonlovesBusiness - Pending

21 days 01:28:00

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  • Published on June 3, 2025 - 20:52 GMT

    The downside oil market risks of a new Iran deal

    After five rounds of negotiations to date, the United States and Iran have yet to reach a new agreement on the Iranian nuclear program, though reportedly the two sides have made some limited progress and plan to meet again. Most of the Middle East is …

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  • Published on June 1, 2025 - 11:08 GMT

    OPEC+ Ramps Up Oil Output by 411,000 BPD in July

    (MENAFN) On Saturday, the Organization of the Petroleum Exporting Countries (OPEC) and its allied producers, collectively called OPEC+, revealed plans to ramp up oil production by 411,000 barrels per day (bpd) starting in July. This decision was reached …

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