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A service for energy industry professionals · Tuesday, January 28, 2025 · 780,886,450 Articles · 3+ Million Readers
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OPEC Output News Monitoring

  • Published on Jan 23, 2025

    Trump push to 'drill, baby, drill' may hit industry roadblock

    US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control. Photo: Charly TRIBALLEAU / AFP Source: AFP President Donald …

    Source: TUKO - Neutral
  • Published on Jan 22, 2025

    Oil prices hold near one-week low as investors watch US Trump tariff policies

    By Scott DiSavino (Reuters) – Oil prices held near a one-week low on Wednesday as the market considers how U.S. President Donald Trump’s proposed tariffs could affect global economic growth and demand for energy. Brent futures fell 19 cents, or 0.2%, to $ …

    Source: The Print - Neutral
  • Published on Jan 22, 2025

    Jackpot for Iraq as it discovers treasure of 'blue gold' worth Rs..., reserve to add more than two billion barrels of…

    Home News Jackpot for Iraq as it discovers treasure of ‘blue gold’ worth Rs…, reserve to add more than two billion barrels of… Punjab's Minister for Mines, Sher Ali Gorchani, has said that gold reserves worth approximately 700 billion Pakistani rupees …

    Source: India.com - Center-right
  • Published on Jan 25, 2025

    Trump’s oil gamble fails, Iraq’s budget fuels corruption

    2025-01-25T13:13:23+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Saturday, oil expert Hamza Al-Jawahiri criticized US President Donald Trump’s efforts to manipulate global oil prices, predicting their failure. Speaking to Shafaq News, Al- …

    Source: Shafaq News - Uncategorized
  • Published on Jan 24, 2025

    Europe's Rush to Secure Natural Gas

    Rare Texas Winter Storm Sends Energy Prices Soaring - An unprecedented winter storm that stretched from Canada all the way to the Gulf of Mexico has sparked another electricity price spike across the United States, seeing Texas temperatures trend 12-15 …

    Source: Oil Price - Neutral
  • Published on Jan 24, 2025

    Weekly economic wrap: subdued inflation and unbelievable retail sales

    While South Africa waited for the inflation rate data, the world was holding its breath this week to see how far Donald Trump will go. Economic data started picking up this week, with a subdued inflation rate for December and the best retail sales recorded …

    Source: The Citizen (South Africa) - Center-right
  • Published on Jan 24, 2025

    Oil prices headed for first weekly decline this year

    Oil headed for the first weekly decline this year after US President Donald Trump raised the prospect of trade wars, and said he would ask Saudi Arabia and OPEC to lower prices in the first few days of his new administration. Brent traded near US$78 a …

    Source: Taipei Times - Neutral
  • Published on Jan 24, 2025

    World Bank: Nigeria’s Regional Investment Role Lags

    Despite its status as Sub-Saharan Africa’s largest economy and most populous nation, Nigeria has not established itself as a significant contributor to foreign direct investment (FDI) or remittance flows within the region, according to the World Bank’s …

    Source: News Central TV - Uncategorized
  • Published on Jan 24, 2025

    Oil Prices Are Fairly Valued, For Now

    This week’s EIA data has reaffirmed how WTI trading in the mid-$70s is exactly where it should be, at least for the time being. US total crude and petroleum inventories began 2025 at fairly constructive levels, below their respective 2023 and 2024 …

    Source: Investing - Neutral
  • Published on Jan 24, 2025

    Crude oil futures decline as Trump asks Saudi to cut prices 

    Crude oil futures traded lower on Friday morning after the US President, Donald Trump, urged Saudi Arabia to reduce the oil prices. At 9.59 am on Friday, March Brent oil futures were at $78.20, down by 0.11 per cent, and March crude oil futures on WTI ( …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 23, 2025

    Weaning India off Russian Oil — A Proposal for Team Trump

    India is now so big an economy and so heavily reliant on imported energy that its buying decisions have global implications. A little like the butterfly effect, a decision taken at an Indian port can have huge (though knowable) consequences on the other …

    Source: CEPA - Neutral
  • Published on Jan 23, 2025

    Impact of oil prices on Oman’s fiscal policy, economic stability

    Oman has long recognised the risks of over-reliance on oil revenues and the importance of diversification to secure a sustainable future. In 2024, Oman’s government projected total revenues of RO 11.01 billion, with oil contributing 54 per cent (RO 5.94 …

    Source: Oman Observer - Gov't Propaganda
  • Published on Jan 23, 2025

    IMF report predicts sustained growth for Oman as non-oil sector shines and debt falls

    MUSCAT : The report, approved by the IMF’s Executive Board, follows extensive consultations with over 20 government and private entities, including the Central Bank of Oman and the Ministry of Finance. Oman’s real GDP growth reached 1.9% in the first half …

    Source: The Arabian Stories - Pro-Government
  • Published on Jan 23, 2025

    Trump’s ‘drill baby, drill’ push rattles oil markets, but economics may limit impact

    The newly sworn-in president promised to export US energy ‘all over the world’, which goes against Biden’s climate-focused policies ENERGY markets are under pressure, with oil prices trending lower as traders continue to react to new US President Donald …

    Source: The Business Times Singapore - Neutral
  • Published on Jan 22, 2025

    Libya's Refining Capacity Set to Soar to 400,000 bpd

    Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info By Alex Kimani - Jan 22, 2025, 12:00 PM CST Libya's Minister of Oil and Gas announced plans to increase the country's crude oil …

    Source: Oil Price - Neutral
  • Published on Jan 22, 2025

    How does Russia's economy keep booming despite West's sanctions?

    Russia’s budget revenue surged to a record high in December, even as the United States imposed fresh sanctions targeting Moscow’s banking sector in an effort to disrupt foreign trade payments and reduce export proceeds. The Finance Ministry reported total …

    Source: Firstpost - Center-right
  • Published on Jan 22, 2025

    Top 5 Oil Importers from Iraq in 2024: How China and India Dominate the Market

    Baghdad (IraqiNews.com) – Iraq, one of the world’s largest oil exporters, witnessed a remarkable year in 2024 as its oil exports reached new heights. While overall production was slightly reduced due to OPEC+ commitments, Iraq’s ability to maintain a …

    Source: Iraqi News - Uncategorized
  • Published on Jan 22, 2025

    IMF revises down growth forecast for Saudi Arabia

    Opec+ production cut extensions and lower-than-expected energy prices curb growth forecast Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements …

    Source: MEED - Neutral
  • Published on Jan 22, 2025

    Saudi to see GDP slowdown amid oil cuts: IMF

    The International Monetary Fund lowered its 2025 growth forecast for Saudi Arabia, continuing a pattern of downward revisions from last year driven by the unexpected extension of OPEC+ production cuts. The kingdom’s economy is now projected to grow by 3.3% …

    Source: Semafor - Neutral

06 days 23:56:19

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