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A service for energy industry professionals · Wednesday, April 30, 2025 · 808,069,793 Articles · 3+ Million Readers
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OPEC & Oil Price News Monitoring

  • Published on 00:50 GMT

    Oil prices fall as trade war concerns dampen demand outlook

    (Reuters) - Oil prices edged lower in early Asian trading on Wednesday as President Donald Trump's erratic tariff policies raised concerns about weakening global economic growth and fuel demand. Brent crude futures fell by 17 cents, or 0.26%, to $64.08 …

    Source: Yahoo Finance - Pending
  • Published on 08:09 GMT

    World Bank: Oil price will fall below $65 this year

    The World Bank (WB) has lowered its oil price forecast, APA-Economics reports citing the Bank. It has been stated that the Brent oil price is projected to average $64/bbl in 2025—almost $17 lower than in 2024—before declining further to $60/bbl in …

    Source: APA - Pending
  • Published on 10:20 GMT

    Oil Prices Are Set for Another Monthly Dip

    Crude oil prices extended their latest decline today, looking set for a monthly drop that, according to Reuters, will be the deepest in three years. At the time of writing, Brent crude was trading at $63.46 per barrel, with West Texas Intermediate at $59. …

    Source: Oil Price - Neutral
  • Published on 07:00 GMT

    Oil prices set for worst April decline in decades amid trade war concerns

    Oil prices are on track for their steepest April decline in over three decades, as escalating concerns over a U.S.-led trade war dampen global economic growth and energy demand At the same time, the OPEC+ alliance is easing its supply restrictions, adding …

    Source: News.Az - Pro-Government
  • Published on 07:44 GMT

    Oil prices head for worst monthly drop since 2021

    Oil prices extended losses for the third consecutive session during Asian deals on Wednesday, poised for their largest monthly fall since November 2021, as the ongoing global trade war and signs of weakening demand continued to weigh on sentiment. By 2:45 …

    Source: Azzet - Pending
  • Published on 02:25 GMT

    Oil prices fall 2pc to 2-week low

    NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried US President Donald Trump’s tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.61, or 2 …

    Source: Business Recorder - Neutral
  • Published on Apr 29, 2025

    Oil prices fall to 2-week low on Opec+ output boost

    NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President Donald Trump's tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by US$1.61 …

    Source: The Malaysian Star - Indeterminate
  • Published on 00:13 GMT

    Canada’s Energy Players Boost Gas Business Amid Oil Price Rout

    Canadian energy producers are focusing more on natural gas as oil prices suffer the combined effects of the U.S. president’s tariff offensive against the world and OPEC+’s decision to change tack and boost output. The Western Canadian Select benchmark …

    Source: Oil Price - Neutral
  • Published on Apr 29, 2025

    Price At The Pump: Tariffs Not The Key Issue Driving Oil Prices

    After months of turbulence, oil prices have been relatively quiet over the past week-plus, hovering around the low-$60 per barrel mark for West Texas Crude, and mid-$60s for Brent.  Patrick DeHaan with Gasbuddy.com says for the first time in months, …

    Source: KONA - Washington State - Neutral
  • Published on Apr 29, 2025

    Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook

    NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump’s on-again off-again trade tariffs could reduce global economic growth and demand for the fuel. Brent crude futures …

    Source: Business Recorder - Neutral
  • Published on Apr 29, 2025

    Oil Prices Drop as Supply Concerns Continue

    Oil prices are once again under pressure as supply concerns continue unabated, with a scarcity of bullish catalysts to counteract them. - 142 executive orders and 100 days into the second presidential mandate of Donald Trump, commodity markets are reeling …

    Source: Oil Price - Neutral
  • Published on Apr 29, 2025

    Oil prices dip near two-week low amid US-China trade war concerns

    Oil prices fell to near a two-week low on Tuesday as concerns about lower demand growth due to the ongoing trade war between the United States and China, the world’s two largest economies, weighed on investor sentiment. Brent crude futures dropped by $1.27 …

    Source: Profit by Pakistan Today - Neutral
  • Published on Apr 29, 2025

    Oil Prices Slip Further as Market Remains in Grip of Tariff Fear

    Crude oil prices extended their decline today as traders remained fixated on demand and the impact of the tariff war between the U.S. and China on its future prospects. At the time of writing, Brent crude was trading at $65.41 per barrel, with West Texas …

    Source: Oil Price - Neutral
  • Published on Apr 29, 2025

    WTI Oil Prices Continue To Decline

    Tuesday, April 29, 2025 6:30 AM EDT Image Source: Pixabay   At the end of Monday, the Dow Jones Index (US30) rose by 0.28%. The S&P 500 Index (US500) gained 0.06%. The Nasdaq Technology Index (US100) was down 0.09%. Wall Street is gearing up for a busy …

    Source: myMotherLode - Pending
  • Published on Apr 29, 2025

    Oil prices decline as trade war clouds demand outlook

    Crude oil prices declined during Asian trade on Tuesday as investors scaled back their expectations for demand growth amid the ongoing trade war between the United States and China. By 2:50 pm AEST (4:50 am GMT), Brent crude futures fell $0.53 or 0.8% to …

    Source: Azzet - Pending
  • Published on Apr 29, 2025

    Lack of clarity on US-China trade talks impacts crude oil prices

    Crude oil futures traded lower on Tuesday morning due to the lack of clarity on trade talks between the US and China. At 9.56 am on Tuesday, July Brent oil futures were at $64.34, down by 0.69 per cent, and June crude oil futures on WTI (West Texas …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 29, 2025

    Brent crude oil prices drop on demand fears

    [HOUSTON] Brent crude oil prices fell more than US$1 a barrel on Monday morning as economic worries from the US-China trade war were pressuring demand. Brent crude futures settled at US$65.86 a barrel, down US$1.01, or 1.51 per cent. US West Texas …

    Source: The Business Times Singapore - Neutral
  • Published on Apr 29, 2025

    Oil prices fall on trade jitters, some Russia-Ukraine progress

    Oil prices fell in Asian trade on Tuesday amid persistent uncertainty over U.S. trade tariffs dampened the economic outlook and sparked persistent concerns over slowing demand, APA reports citing Investing.. Oil was also pressured by Russia unexpectedly …

    Source: APA - Pending
  • Published on Apr 28, 2025

    Crude oil prices drop on demand fears

    HOUSTON: Crude oil prices fell more than $1 a barrel on Monday morning as demand fears arising from the trade war between the United States and China were pressing down demand at the pump. Brent crude futures were down $1.09, or 1.63%, at $65.78 a barrel, …

    Source: Business Recorder - Neutral

05 days 17:04:31

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