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A service for energy industry professionals · Saturday, March 29, 2025 · 798,215,660 Articles · 3+ Million Readers
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OPEC Output News Monitoring

  • Published on Mar 28, 2025

    Oil slips on recession fears but posts third weekly gain

    [NEW YORK] Oil prices fell on Friday (Mar 28) on worries that US tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up pressure on the Organization of the Petroleum Exporting Countries (Opec) …

    Source: The Business Times Singapore - Neutral
  • Published on Mar 28, 2025

    Big oil price hike seen amid trade war jitters

    The Department of Energy (DOE) yesterday forecast a big-time oil price hike of as much as P1.35 per liter next week to reflect the movement of prices in the world oil market. “Another round of oil price increases is expected to happen next week. Estimated …

    Source: Manila Standard - Pro-Government
  • Published on Mar 28, 2025

    DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER AND YEAR END 2024 RESULTS

    MIDLAND, Texas, March 28, 2025 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its fourth quarter and fiscal year ended December 31, 2024. Management Comment Tony …

    Source: WFMZ - Pennsylvania - Neutral
  • Published on 00:23 GMT

    Number of active U.S. drilling down this week

    HOUSTON, March 28 (Xinhua) -- The number of active drilling rigs in the United States stands at 592 this week, down by one from the previous week and by 29 from this time last year, according to the weekly data released by Houston-based oilfield services …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Mar 28, 2025

    ‘Rather uncertain right now:’ tariffs, summer & carbon tax causing Island gas price fluctuations

    NANAIMO — ‘Uncertainty’ is a word being used a lot to describe how gas prices may change in the coming weeks and months. A number of factors are at play, according to GasBuddy’s Patrick De Haan who said a change in policy direction from the Organization of …

    Source: The Lounge 99.9 - Label Pending
  • Published on Mar 26, 2025

    Goldman Sachs expects non-OPEC+ production growth to slow with decline in Brent prices

    Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12-month period for every $10 per barrel decline in oil prices when Brent crude is above $70. The Wall Street bank estimates 2026 …

    Source: Hellenic Shipping News - Neutral
  • Published on Mar 27, 2025

    Is OPEC+ losing control on oil prices? A look at how Trump tariff changed equations

    OPEC+ is losing its ability to control oil prices due to weak global demand and rising non-OPEC oil supplies. Now, after the change in administration in the US, the control of OPEC+ on oil prices seems to be at its lowest level, stated a report by Kotak …

    Source: Financial Express - Neutral
  • Published on Mar 28, 2025

    Crude Oil Prices Reach One-Month High Amidst Supply Concerns

    Crude oil prices, trading at a one-month high, experienced a slight decline amidst growing concerns regarding global supply constraints, following the imposition of US tariffs on Venezuelan oil purchasers and restrictions on Iranian crude trade. The …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Mar 27, 2025

    Oil markets: Geopolitics and Opec+ at the core

    Oil prices have been climbing, but not without turbulence. A confluence of geopolitical manoeuvres, supply interventions, and trade restrictions continues to shape the market’s trajectory—without necessarily giving it a clear direction. The latest wildcard …

    Source: Business Recorder - Neutral
  • Published on Mar 28, 2025

    Kuwait Eyes Return to Debt Markets to Fund Diversification From Oil

    Kuwait has approved a financing and liquidity law that will allow one of OPEC’s top producers to return to the debt market after eight years, with borrowing expected to fund projects to diversify its dependence on oil revenues. While the other OPEC Gulf …

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

    How gas prices have changed in Gainesville in the last week

    Gasoline prices have increased by just a few cents compared to this time last month, but the cost to fill up the tank has declined by nearly 40 cents per gallon since last year. The national average fuel price is about $3.16, with Lubbock, Texas, seeing …

    Source: WFTV - Florida - Label Pending
  • Published on Mar 27, 2025

    How gas prices have changed in Lafayette, Indiana in the last week

    Gasoline prices are down several cents compared to this time last month, but the cost to fill up the tank has declined by nearly 40 cents per gallon since last year. The national average fuel price is about $3.12, with Lawton, Oklahoma, seeing the cheapest …

    Source: Princeton Clarion - Indiana - Label Pending
  • Published on Mar 26, 2025

    OPEC chief says term ‘green’ is misleading

    The head of OPEC has argued that the term “green” is too simplistic and fails to capture the complexities of energy production, warning that it obscures the real-world impacts of different energy sources. In an opinion piece, Haitham Al Ghais, Secretary …

    Source: Energy Live News - Neutral
  • Published on Mar 27, 2025

    The Growing Inequality Among Countries and the Worsening Climate Crisis

    Reducing global inequality and saving the planet from climate catastrophe are intertwined. Let’s address both at once. Introduction In a fit of madness or just plain desperation, you’ve enrolled in a get-rich-quick scheme. All you have to do is sell some …

    Source: Resilience - Label Pending
  • Published on Mar 27, 2025

    US oil producers face new challenges as top oilfield flags

    By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - and may be nearing …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 27, 2025

    U.S. Stock Draw Bolsters Crude, But Lipow Says Oil Will Remain "Under Pressure"

    Analysts seem divided between demand concerns and supply shortage worries: File Image/Pixabay U.S. fuel inventories enjoyed another round of draws last week, somewhat assuaging on-going concerns about demand and leading to another round of modest gains …

    Source: Ship & Bunker - Neutral
  • Published on Mar 27, 2025

    Russia sees global oil demand rising by up to 1.5 million bpd in 2025

    Russia’s Deputy Prime Minister Alexander Novak said on Wednesday that global oil demand was seen rising by between 1.0 million barrels per day and 1.5 million bpd this year, various news agencies reported. That compares with the latest expectations from …

    Source: Hellenic Shipping News - Neutral
  • Published on Mar 27, 2025

    US sanctions chinese refineries as Iran’s oil exports surge to 1.5 million bpd: Rystad

    New Delhi: The United States has intensified sanctions on Iran by targeting Chinese "teapot" oil refineries, small independent facilities that process Iranian crude, in a move that may influence global energy markets and geopolitical dynamics, …

    Source: ETEnergyworld.com - Uncategorized
  • Published on Mar 28, 2025

    Crude oil: Sanctions threat counters tariff-driven demand worries

    Crude oil futures continue to recover from a USD 14 selloff that began in January following Trump’s combative inauguration speech, which signalled an inward political focus combined with aggressive trade policies, including tariffs, that were meant to Make …

    Source: Hellenic Shipping News - Neutral

03 days 00:58:55

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