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A service for energy industry professionals · Thursday, August 28, 2025 · 844,096,472 Articles · 3+ Million Readers
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OPEC & Oil Price News Monitoring

  • Published on 16:48 GMT

    Oil Prices Slip As Summer Demand Nears An End Amid Resumption Of Russian Pipeline

    Oil prices fell on Thursday as a Russian pipeline restarted operations while investors reportedly braced for the end of the strong summer driving season. Benchmark Brent crude prices fell 53 cents to $67.52 per barrel at 5.04 a.m. ET, while U.S. West Texas …

    Source: Asianet Newsable - Center-right
  • Published on 07:39 GMT

    Oil Prices Slip on Oversupply Concerns

    Oil prices slipped in early Asian trading on Thursday, giving back some of the previous session’s gains as traders prepared for the end of the summer driving season and closely watched trade tensions between the U.S. and India. At the time of writing, West …

    Source: Oil Price - Neutral
  • Published on Aug 27, 2025

    Goldman Sachs Sees Brent Oil Prices Falling To Low-$50s On Rising Inventories

    If Brent prices hover around $50, many oil producers might struggle to provide the attractive capital returns that have pulled some investors back to the sector. Goldman Sachs analysts have projected that Brent crude oil prices could slump to the low $50s …

    Source: myMotherLode - California - Pending
  • Published on Aug 27, 2025

    Oil prices hold declines as higher US tariffs on India set to kick in

    Oil held a steep drop as investors counted down to the imposition of higher US tariffs on India over imports of Russian crude, with no signs of a major shift in local refiners’ purchasing patterns. Brent was near $67 a barrel after falling more than 2% in …

    Source: CNBC-TV18 - Center-left
  • Published on 10:22 GMT

    Energy efficiency is only part of the puzzle

    Opinion As someone working in the oil and gas industry, I read the opinion piece Energy efficiency a better bet than pipelines, Aug. 23, by James Wilt and Niall Harney with interest. The authors make a compelling case for prioritizing energy-efficiency …

    Source: Winnipeg Free Press - Neutral
  • Published on Aug 27, 2025

    OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns

    There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil report sent to Rigzone by …

    Source: Rigzone - Neutral
  • Published on Aug 25, 2025

    Oil prices rise as Russia-Ukraine war threatens supply disruption

    [NEW YORK] Oil prices climbed around 2 per cent on Monday, continuing last week’s gains, as traders anticipated more US sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies. Brent crude futures settled …

    Source: The Business Times Singapore - Neutral
  • Published on Aug 25, 2025

    Oil prices edge up as traders mull supply risks

    LONDON: Oil prices climbed on Monday as traders weighed concerns that Russian supply could be disrupted by more US sanctions and Ukrainian attacks targeting energy infrastructure in Russia. Brent crude futures rose 29 cents, or 0.4%, to $68.02 at 08:39 GMT …

    Source: Oman Observer - Gov't Propaganda
  • Published on Aug 25, 2025

    Oil Prices Show Signs of Recovery After 2025 Decline

    Brent crude prices edged higher to $68.17 on Monday, offering a glimmer of hope after spending most of 2025 in decline. The uptick follows signals from Federal Reserve Chair Jerome Powell that interest rate cuts could begin as early as September, …

    Source: News Ghana - Indeterminate
  • Published on Aug 25, 2025

    Oil Prices Rise After Ukraine Attacks On Russian Energy Infrastructure

    Oil prices edged up early on Monday after Ukraine attacked Russian energy facilities amid fading hopes and a quick resolution to the war between the two countries. Benchmark Brent crude prices gained 8 cents at $67.81 per share, while West Texas …

    Source: Asianet Newsable - Center-right
  • Published on Aug 25, 2025

    Oil prices rise as sanctions threat and drone attacks fuel market jitters

    Oil prices climbed on Monday as traders weighed concerns that Russian supply could be disrupted by more U.S. sanctions and Ukrainian attacks targeting energy infrastructure in Russia. Brent crude futures rose 29 cents, or 0.4%, to $68.02 at 0839 GMT, and …

    Source: Financial Express - Neutral
  • Published on 15:33 GMT

    Trade war: India's Russian oil imports set to rise; move comes after US slaps 50% tariff

    These is a representative AI image (Credit: Chatgpt) NEW DELHI: India is set to increase its imports of Russian oil in September, dealers told Reuters, as President Donald Trump-led US government on Wednesday doubled tariffs on Indian exports to 50%, …

    Source: The Times of India - Center-right
  • Published on 17:39 GMT

    Iraq Is Struggling With an Energy Crisis Despite Its Oil Wealth

    One of OPEC’s major oil producers, Iraq, has been tackling an ongoing energy crisis, which plunged the country into darkness in August. Despite being one of the world’s biggest oil powers, years of political turmoil, the mismanagement of public funds, and …

    Source: Oil Price - Neutral
  • Published on 21:24 GMT

    Oil Settles Higher as Traders Await Trump Statement on Russia-Ukraine

    NEW YORK — Oil prices settled higher on Thursday, bouncing off early losses after the White House said U.S. President Donald Trump was not happy when he learned that Russia attacked Ukraine with missiles and drones overnight. Brent crude futures settled up …

    Source: GV Wire - California - Neutral
  • Published on 19:58 GMT

    Mounting Surplus Fears Put US Shale Producers on Notice

    US shale oil production has been resilient in the face of lower prices so far this year, but the real challenge may lie in the months ahead and next year when the global oil market could face its biggest surplus since 2020 during the Covid-19 pandemic. …

    Source: Energy Intelligence - Pending
  • Published on 19:16 GMT

    FTSE 100 Live: Blue-chips sink lower as Drax tumbles, Nvidia losses pared

    FTSE 100 falls 38 points to 9,216 UK services sector sentiment remains negative, CBI finds Nvidia shares fall afterhours as earnings mixed Aviva, Glencore, Croda go ex-div   4.52pm: FTSE 100 lower at the close The FTSE 100 has continued its poor run, …

    Source: Proactive UK - Neutral
  • Published on 20:47 GMT

    Oil Climbs as Peace Talk Prospects Fade

    Oil gained as the waning prospect of a peace agreement between Russia and Ukraine reduced the likelihood of more of Moscow’s supplies reaching broader markets in the near term. West Texas Intermediate crude rose 0.7% to top $64 a barrel, reversing earlier …

    Source: Rigzone - Neutral
  • Published on 20:26 GMT

    West Coast fuel prices going up as rest of country enjoys reprieve

    Published 1:24 pm Thursday, August 28, 2025 West Coast fuel prices, already the highest in the Continental U.S., will continue to rise, even as the rest of the country looks forward to gasoline dropping below $3 a gallon, the U.S. Energy Information …

    Source: Capital Press - Oregon - Neutral
  • Published on 15:11 GMT

    Crude Oil Retreats as Market Refocuses on Supply Surplus

    Crude Oil Retreats as Market Refocuses on Supply Surplus Daily market analysis by Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade Crude oil prices slipped after a short-lived rebound, as markets shifted their attention back to …

    Source: Middle East Business - Neutral

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