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A service for global professionals · Tuesday, May 13, 2025 · 812,070,583 Articles · 3+ Million Readers
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  • 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 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 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 04:47 GMT

    Venezuelan oil, secondary tariffs and lessons for the Nigerian economy

    Many may be wondering, what has Venezuelan oil and “secondary” tariffs imposed on this country by the Trump administration got to do with Nigeria – it has a lot to do with it. I must say nonetheless, that making mistakes may be a useful learning chance – …

    Source: The Cable - Neutral
  • Published on 04:42 GMT

    OPEC+ policy shift clashes with demand uncertainty

    OPEC+ policy shift Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy, which has weighed heavily on oil prices. OPEC+ appears to be in the process of moving away from defending prices towards defending market …

    Source: Hellenic Shipping News - Neutral
  • Published on 02:17 GMT

    Opec+ calls time on attempts to boost oil price as Trump visit looms

    Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, say analysts, amid growing frustrations with other members of the cartel and ahead of a key visit to the region by US President …

    Source: The Financial Times - Neutral
  • Published on 03:21 GMT

    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 06:16 GMT

    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 04:42 GMT

    Oil jumps, soy rises as US-China tariff pause brings relief

    Oil prices jumped more than 3% on Monday while soybeans traded at close to their highest in over three months after the United States and China paused trade tariffs for 90 days, bringing some relief to markets. The world’s two biggest economies agreed to …

    Source: Hellenic Shipping News - Neutral
  • Published on 03:28 GMT

    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 02:51 GMT

    Chevron's Resilient Business Positions It to Thrive at Lower Oil Prices

    Oil prices have slumped this year. Brent, the global oil benchmark, has fallen nearly 15% already this year and was recently in the low $60s. Several factors have weighed on crude oil prices, including OPEC's decision to increase its production at a …

    Source: The Motley Fool USA - Neutral
  • Published on 00:43 GMT

    Oil falls as concerns over rising supplies overshadow US-China trade relief

    By Stephanie Kelly and Trixie Yap (Reuters) -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. …

    Source: Yahoo Finance - Pending
  • Published on 04:13 GMT

    Tankers: OPEC’s Price Policy Could Boost Rates Down the Line

    The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest weekly report, shipbroker Intermodal said that “the global oil market has been riding through intense swings, with Brent crude …

    Source: Hellenic Shipping News - Neutral
  • Published on 00:51 GMT

    Iraq to reduce crude oil exports in May and June

    2025-05-12T21:49:18+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official source told Reuters, in what would amount to a significant reduction from previous …

    Source: Shafaq News - Indeterminate
  • 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 00:27 GMT

    Lower-than-anticipated oil prices put Sask.'s budgeted revenues at risk

    Oil prices have been trending downward since the start of this year, from $80.04 US/ barrel in January to as low as $58.07 US/ barrel last week. That puts millions of dollars of Saskatchewan oil revenues in jeopardy. Saskatchewan projected its oil …

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on 02:48 GMT

    Nigeria's Oil Production Hits 1.4mbpd In April, Up 6% - Nuprc

    NUPRC reported that Nigeria's average crude oil production for April reached 99% of the 1.5 million barrels per day (bpd) quota allocated by the Organization of Petroleum Exporting Countries (OPEC). According to the Nigerian Upstream Petroleum …

    Source: The Nigerian Voice - Indeterminate
  • Published on 06:07 GMT

    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

06 days 21:32:47

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