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A service for energy industry professionals · Monday, July 21, 2025 · 832,564,663 Articles · 3+ Million Readers
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OPEC & Oil Price News Monitoring

  • Published on 08:29 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 …

    Source: MENAFN - Indeterminate
  • 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 19, 2025

    Crude Oil Prices Jump on Signs of a Tightening Supply Outlook

    Stacked oil barrels by JONGHO SHIN via iStock August WTI crude oil (CLQ25) Thursday closed up +1.16 (+1.75%), and August RBOB gasoline (RBQ25) closed up +0.0264 (+1.23%). Crude oil prices rallied Thursday on concerns about tighter global oil supplies after …

    Source: Yahoo Finance - Center-left
  • Published on Jul 18, 2025

    Oil Prices Climb After the EU Imposes New Sanctions on Russia

    Oil prices moved higher on Friday morning after the EU agreed to an 18th package of sanctions against Russia, but the effectiveness of the sanctions is yet to be seen. Friday, July 18th, 2025  The constant drumbeat of Russian sanction announcements is …

    Source: Oil Price - Neutral
  • Published on Jul 20, 2025

    OPEC Is Playing The Long Game

    “There is no peak in oil demand on the horizon,” the head of OPEC, Haitham al Ghais, said last month in Canada. Demand will continue to increase as global population grows, he added. And OPEC will be there to respond with what supply is necessary. OPEC is …

    Source: Oil Price - Neutral
  • Published on Jul 18, 2025

    Oil prices settle lower amid Iraq drone attacks and more EU sanctions on Russia

    Oil prices jumped on Friday but retreated to settle lower as mixed US economic data offset concerns over drone attacks against Opec member Iraq that raised supply concerns and after the EU approved more sanctions against Russia. Brent, the benchmark for …

    Source: The National News - Pro-Government
  • Published on Jul 18, 2025

    Crude Oil Prices Erase Early Gains on the Outlook for Iraq to Boost Crude Exports

    Oil pipeline through forest by cozyta via iStock August WTI crude oil (CLQ25) today is up +0.02 (+0.03%), and August RBOB gasoline (RBQ25) is down -0.0114 (-0.53%). Crude oil prices today gave up an early advance and are little changed, amid concerns that …

    Source: Yahoo Finance - Center-left
  • Published on Jul 18, 2025

    Oil Prices Slide Under Trade and Inventory Pressures

    WTI crude oil traded between a high of $68.34 and low of $64.11 before reaching $66.28 as of Thursday's close, down $0.86 or -1.28%. The price action reflected competing fundamental forces: escalating geopolitical tensions that initially supported …

    Source: Oil Price - Neutral
  • Published on Jul 18, 2025

    Oil Prices Climb as EU Sanctions Target Russian Trade

    Oil prices rose on Friday after the EU adopted its 18th sanctions package against Russia, lowering the price cap, targeting Russian oil trade, and closing a loophole that has so far allowed EU imports of fuels processed from Russian crude.  As of 9:50 a.m. …

    Source: Oil Price - Neutral
  • Published on 05:43 GMT

    Asia stocks, yen look past Japan politics as earnings loom

    SYDNEY :Asian shares and the yen held their ground on Monday as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants. Investors were also …

    Source: Channel News Asia - Pro-Government
  • Published on Jul 18, 2025

    Oil prices hold gains on Iraqi oil field attacks, but set for weekly losses

    Oil prices held steady in Asian trade on Friday after sharp gains fueled by drone attacks on Iraqi oil fields, while recent industry data pointing to sustained market tightness further lent support, News.az reports citing Investing. As of 21:56 ET (01:56 …

    Source: News.Az - Pro-Government
  • Published on Jul 18, 2025

    Oil prices lift as Iraqi oil fields attacked by drones

    Oil prices traded higher on Friday, extending gains of around 1.5% in the previous session, amid concerns over supply disruptions in northern Iraq. By 3:10 pm AEST (5:10 am GMT) Brent crude futures added 33 cents or 0.5% to $69.85 per barrel, while U.S. …

    Source: Azzet - Indeterminate
  • Published on Jul 17, 2025

    Russia's Oil Prices Lag Behind Target

    Oil prices in Russia remain below government targets, according to Reuters, adding pressure on an already turbulent wartime economy. Russia's oil blend is more than 11 percent below the Russian government budget target, the news agency reported, citing …

    Source: Newsweek - Left-wing
  • Published on Jul 18, 2025

    Why Oil Prices Could See a Significant Upside Shift

    The 9th OPEC International Seminar was held in Vienna a week ago, wherein participants discussed energy security, investment, climate change, and energy poverty, with a particular emphasis on balancing these competing priorities. According to commodity …

    Source: Oil Price - Neutral
  • Published on Jul 17, 2025

    Crude Oil Prices Fall Due to a Focus on Oil Surplus

    Oil jackpump at sunset 2 by Evgenii Mitroshin via iStock August WTI crude oil (CLQ25) today is down -0.91 (-1.37%), and August RBOB gasoline (RBQ25) is down -0.0374 (-1.72%). Crude oil prices are lower today as the market focuses on expectations for a …

    Source: Yahoo Finance - Center-left
  • Published on Jul 17, 2025

    How monetary easing & oil price trends are reshaping East Africa’s yield outlook

    East Africa is undergoing a dynamic period of economic recalibration as central banks across the region tactically adjust their monetary policies to balance economic growth against inflationary pressures. The region's financial markets and yield …

    Source: CNBC Africa - Neutral
  • Published on 05:21 GMT

    EU's wave of Russia sanctions three years later doesn't signal urgency

    If the Russia-Ukraine War was the First World War, then by now we would be past the Russian Revolution about three years in. If it were the Second World War, the Germans would be about to surrender at Stalingrad. But in our present, with fighting largely …

    Source: The National News - Pro-Government
  • Published on 09:28 GMT

    World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth

    GCC governments poised for growth rebound as the World Bank projects 3.2% regional GDP growth in 2025/Representative Image TL;DR: GCC real GDP growth projected at 3.2% in 2025, rising to 4.5% in 2026, up from 1.7% in 2024. Growth fueled by easing OPEC+ …

    Source: The Times of India - Center-right
  • Published on 05:47 GMT

    A look in the rearview mirror: The vicious cycle of debt

    The rising levels of debt in so-called Third World countries, along with the consequent chain reactions, represent just one facet of a broader phenomenon: the credit boom, which acts as a driving force behind the economy of late capitalism. It is crucial …

    Source: CADTM - Left-wing

07 days 16:43:06

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  • Published on July 21, 2025 - 07:39 GMT

    Iran, European Trio Confirm Plans to Revive Nuclear Talks

    (MENAFN) Iran and the trio of European powers—France, Germany, and Britain, collectively known as the E3—have confirmed plans to resume nuclear negotiations this Friday in Istanbul, according to an Iranian media outlet. The media outlet reported late …

    Distribution channels: ...
  • Published on July 21, 2025 - 10:09 GMT

    Senior MP Says Iran May Abandon Key Nuclear Weapons Deal

    (MENAFN) Iran may abandon a key nuclear weapons agreement and intensify its uranium enrichment program if Western European countries reintroduce severe economic sanctions, a top Iranian official warned. Ebrahim Rezaei, spokesperson for Iran’s Parliament …

    Distribution channels: ...
  • Published on July 21, 2025 - 10:09 GMT

    EU highlights confidential electric vehicle plan

    (MENAFN) The European Union is preparing legislation that could require all rental companies and corporate fleets to switch exclusively to electric vehicles (EVs) by 2030, according to a report by Bild citing sources in Brussels. The European Commission is …

    Distribution channels: ...
  • Published on July 21, 2025 - 10:09 GMT

    EU Imposes Sanctions on Indian Oil Refinery

    (MENAFN) The European Union (EU) has revealed new sanctions targeting India’s second-largest oil refinery. The Vadinar facility, located in Gujarat, is partially owned by the Russian corporation Rosneft. This move forms part of the EU’s 18th set of …

    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 21, 2025 - 07:43 GMT

    3D Surveillance Software Market to Witness an Outstanding Growth By 2031

    3D Surveillance Software Market Expected to Reach $211.5 Million by 2031 — Allied Market Research WILMINGTON, DE, UNITED STATES, July 21, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled "3D Surveillance Software Market," The …

    Distribution channels: IT Industry, Technology ...
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