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A service for energy industry professionals · Tuesday, July 1, 2025 · 827,308,295 Articles · 3+ Million Readers
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OPEC & Oil Price News Monitoring

  • Published on Jun 27, 2025

    Oil prices rise but head for steepest weekly loss since March 2023

    Oil prices rose on Friday but were on track for their biggest weekly drop since March 2023. Traders pulled back after the Iran-Israel conflict failed to cause major supply disruptions. Brent crude was up 42 cents at $68.15 a barrel by 1328 GMT. U.S. West …

    Source: Profit by Pakistan Today - Neutral
  • Published on 03:30 GMT

    India’s crude oil demand to grow 5.37% till 2030; natural gas output seen rising to 57.4 BCM

    New Delhi: India’s total demand for petroleum products is projected to grow at a compound annual growth rate (CAGR) of 5.37 per cent from 2025 to 2030, with diesel, petrol, aviation turbine fuel (ATF), and petroleum coke expected to drive the surge, …

    Source: ETEnergyworld.com - Indeterminate
  • Published on 09:43 GMT

    Fourth of July gas hasn’t been this cheap since 2021

    By Matt Egan, CNN New York (CNN) — Drivers hitting the road this Fourth of July weekend won’t need to break the bank to fill up at the gas pump. Gas prices are expected to average between $3.10 and $3.15 per gallon nationally this Fourth of July, according …

    Source: KMIZ ABC 17 - Missouri - Neutral
  • Published on 10:41 GMT

    Asia Markets Mixed, Europe Slips, Dollar Weakens Further As Tariff Deadline Looms - Global Markets Today While US Slept

    On Monday, June 30, U.S. markets closed higher, boosted by optimism over trade deals and possible rate cuts. Despite this strong finish, concerns about tariffs and fiscal policy weighed on overall performance. Investors reacted to soft economic data and …

    Source: Benzinga - Neutral
  • Published on 07:33 GMT

    Indian Markets Open Higher, Midcaps Muted; SEBI RAs Highlight Cautious Optimism

    Despite FII selling, sentiment remains broadly bullish with stock-specific breakouts in focus. An analyst flagged resistance for Nifty around 25,800. Indian markets opened marginally higher on Tuesday, tracking mixed global cues.  At 09:45 a.m. IST, the  …

    Source: myMotherLode - California - Pending
  • Published on 07:00 GMT

    Sensex rises 200 points tracking Asian market peers; Nifty above 25,550

    Indian benchmark equity indices traded marginally higher on Tuesday, tracking gains in Asian markets and as investors closely watch trade talks with the United States ahead of President Donald Trump's July 9 tariff deadline. The BSE Sensex was trading …

    Source: The Economic Times - Center-right
  • Published on 02:32 GMT

    Gulf stocks end mixed

    Stock markets in the Gulf ended mixed yesterday with some including the Saudi index hit by profit-taking, while those in the UAE continued their rebound following Iran-Israel ceasefire and Dubai reached a 17-year high. Dubai’s main share index rose for …

    Source: Gulf Daily News Online - Pro-Government
  • Published on 02:24 GMT

    Asia Distillates: Month-end trading momentum slow; traders eye Aug refiner sales soon

    Asia’s middle distillates’ market activity was mostly muted amid slow trading momentum on the last trading day of June as traders awaited a clearer supply-demand direction next month. Traders were also looking for clues on August supply availability, given …

    Source: Hellenic Shipping News - Neutral
  • Published on 02:09 GMT

    Malaysia Stock Market Tipped To Open To The Upside On Tuesday

    The Malaysia stock market has tracked higher in three straight sessions, gathering almost 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,530-point plateau and it may extend its gains again on Tuesday. The …

    Source: RTTNews - Neutral
  • Published on 02:09 GMT

    KOSPI May Crack Resistance At 3,100 Points

    The South Korea stock market on Monday ended the two-day losing streak in which it had stumbled more than 50 points or 1.6 percent. The KOSPI now sits just above the 3,070-point plateau and it may see additional support on Tuesday. The global forecast for …

    Source: RTTNews - Neutral
  • Published on Jun 27, 2025

    Gold and Oil Prices Diverge as Fed Outlook Shifts, Geopolitical Tensions Cool

    Gold and oil prices fluctuate depending on various economic, political, and environmental factors around the world. Here are the main factors that affect these prices: Factors Affecting Gold Prices Value of the Dollar: Gold is usually traded against the US …

    Source: Investing - Neutral
  • Published on Jun 27, 2025

    Fitch lowers oil price forecast for 2025

    Fitch lowered its oil price assumption for 2025 to USD65 per barrel from USD70 per barrel in April, while maintaining medium-term and mid-cycle price assumptions, APA reports citing the Agency. "We now assume global oil demand will grow by about 800, …

    Source: APA - Gov't Propaganda
  • Published on 01:52 GMT

    USD/CAD Trades With Mild Losses Near 1.3600 As US, Canada To Resume Trade Talks

    Monday, June 30, 2025 8:10 PM EDT Photo by Michelle Spollen on Unsplash USD/CAD posts modest losses around 1.3605 in Tuesday’s early Asian session.  US and Canada to resume trade talks after Ottawa drops digital tax.  Canada's government expects to …

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

    Oil Prices Set For Weekly Loss as War Premium Evaporates

    Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav - Jun 27, 2025, 12:48 AM CDT Crude oil prices are on track for a weekly decline as reduced geopolitical tensions in …

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

    Crude oil prices rise as markets focus on economic, supply factors

    Crude oil futures traded higher on Friday morning as markets paid more attention to economic and supply-related issues such as US trade tariffs and OPEC’s July meeting than geopolitical issues such as tensions between Iran-Israel. At 9.53 am on Friday, …

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

    Oil steadies on reports of OPEC+ August output hike

    HOUSTON: Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the week in their biggest drop since March 2023. Brent …

    Source: The Express Tribune - Indeterminate
  • Published on Jun 26, 2025

    Cautious optimism as crude oil prices drop below $70 after Iran-Israel ceasefire

    Oil prices dropped dramatically Tuesday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East. Brent Crude, which surged sharply after the war gained traction, has dropped below $70, selling between …

    Source: Daily Trust - Indeterminate
  • Published on Jun 27, 2025

    Crude oil prices steady at the end of a turbulent week as focus shifts to tariffs

    Oil was steady at the tail-end of a momentous week, with focus shifting from the conflict in the Middle East to US tariff negotiations and the potential easing of Washington’s sanctions on Iran. West Texas Intermediate traded near $65 a barrel after …

    Source: CNBC-TV18 - Center-left
  • Published on 00:06 GMT

    The morning catch up: ASX set to edge lower as trade optimism...

    The ASX 200 is poised for a modest dip this morning despite a solid lead from Wall Street, where key benchmarks posted fresh all-time highs. Futures were down 6 points or 0.07% at 8:30 am AEST, following a 0.33% gain for the local index on Monday — …

    Source: Proactive Australia - Neutral

06 days 15:10:40

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