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A service for energy industry professionals · Saturday, February 22, 2025 · 788,380,101 Articles · 3+ Million Readers
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OPEC & US Dollar News Monitoring

  • Published on Feb 20, 2025

    Oil Futures Edge Up as OPEC Keeps Output Cuts

    The U.S. Dollar Index dropped by 0.79% to 106.27 against a basket of foreign currencies. The EIA reported Thursday commercial crude oil inventories in the U.S. rose by 4.6 million bbl to 432.5 million bbl last week. The EIA data on commercial crude oil …

    Source: Progressive Farmer - Neutral
  • Published on 06:47 GMT

    Op-ed: Living in Cyprus – an impossible endeavor

    By Andy Theocharous* Driven by curiosity and concern for the daily struggle my friends and family endure back home in Cyprus, I decided to conduct a quick survey on the monthly cost of living. After reviewing and re-running the numbers, I reached a …

    Source: Philenews In-Cyprus - Neutral
  • Published on Feb 16, 2025

    Exclusive-Five Iraqi banks to be banned from U.S. dollar transactions - sources

    By Maha El Dahan and Ahmed Rasheed DUBAI/BAGHDAD (Reuters) - Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury officials in efforts to combat money …

    Source: Yahoo Finance - Label Pending
  • Published on Feb 19, 2025

    'VIA project stalled over failure to pay USD 100M'

    Former finance minister Ibrahim Ameer states the Velana International Airport (VIA) development project is stalled over the government’s failure to settle USD 100 million in bills. Speaking at MDP’s ‘Havaru Beru’ panel last night, Ameer pointed out that …

    Source: Sun Online International - Uncategorized
  • Published on 01:21 GMT

    Would an end to the Ukraine war be bad news for Saudi Arabia and oil prices?

    One of US President Donald Trump’s closest allies in Europe, Hungarian Premier Viktor Orban, said in February that the US could bring an end to the war in Ukraine in less than six months. The US’s whirlwind bid to resume relations with Russia and end the …

    Source: Middle East Eye - Uncategorized
  • Published on Feb 21, 2025

    Oil Futures Fall Amid Ample Supplies and Weak Demand

    The U.S. Dollar Index reversed losses from the previous trading session by increasing 0.27% to 106.54 against a basket of foreign currencies. A stronger dollar Friday morning was supported by recent comments from U.S. President Donald Trump suggesting that …

    Source: Progressive Farmer - Neutral
  • Published on Feb 21, 2025

    What to Expect at Feb. 27-28 USDA Ag Outlook Forum

    Updates: Policy/News/Markets, Feb. 21, 2025 — USDA Sec. Brooke Rollins scores a big first-week-on-job win as USDA releases the first tranche of funding paused due to a review of Inflation Reduction Act (IRA) allocations. Following White House …

    Source: Profarmer - Label Pending
  • Published on Feb 21, 2025

    JPMorgan to reclassify Qatar, Kuwait as developed markets: What it means

    JPMorgan will reclassify Kuwait and Qatar as developed markets and will soon begin their phased removal from its Emerging Markets Bond Index, from which the United Arab Emirates might also be removed next year.  The US-headquartered lender's EMBI …

    Source: Al-Monitor - Neutral
  • Published on Feb 21, 2025

    The US is targeting Saudi Arabia and the Global South

    An attribute of strongmen is the uncanny ability to strike dread, confusion, panic in those around them – allies and adversaries, as well as global markets – through statements alone. Such was the case when, in a speech at the World Economic Forum in Davos …

    Source: Middle East Monitor - Uncategorized
  • Published on Feb 21, 2025

    Naira Gains In Parallel/Official Markets As Rates Converge At N1,497-$1

    February 20, (THEWILL) – The naira, on Thursday afternoon, at the foreign exchange markets traded at the same range against the United States dollar at the NAFEM and the parallel market segments, marking a significant win for the Yemi Cardoso-led Central …

    Source: The Will - Neutral
  • Published on Feb 21, 2025

    Future of maritime decarbonization at stake as carbon levy attracts supporters, opponents

    Thirteen additional countries supported a global carbon levy on shipping at the International Maritime Organization (IMO) climate talks in London this week. However, its adoption still seems to be a long way off. Illustration. Courtesy of Offshore Energy …

    Source: Offshore Energy - Neutral
  • Published on Feb 21, 2025

    Naira Strengthens To ₦1,494 As FX Market Liquidity Improves

    The naira extended its rally in the foreign exchange (FX) market as increased dollar supply outpaced demand for foreign transactions. Data from the FMDQ platform showed that the spot FX rate appreciated by 1.04%, settling at ₦1,494.03 per US dollar in the …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Feb 20, 2025

    Oil Futures Rose Despite Builds in Crude, Gasoline

    The U.S. Dollar Index dropped by 0.31% to 106.76 against a basket of foreign currencies. The American Petroleum Institute reported commercial crude and gasoline stocks continued to build through the week ended Feb. 14 as they increased 3.34 million bbl and …

    Source: Progressive Farmer - Neutral
  • Published on Feb 20, 2025

    Some GOP Lawmakers Still Want to Put Reference Price Boost in Reconciliation

    Updates: Policy/News/Markets, Feb. 20, 2025 — President Trump says a trade deal with China is possible and touted his “great” relationship with Xi Jinping. Trump suggested a fresh trade agreement with China could be possible, signaling a …

    Source: Profarmer - Label Pending
  • Published on Feb 20, 2025

    Global Markets Mixed, Dollar Dips As Traders React To Trump's Tariff Plans - Global Markets Today While US Slept

    On Wednesday, February 19th, U.S. markets closed higher, with the S&P 500 reaching a second consecutive record high as investors examined Fed meeting minutes and Trump’s proposed tariffs. The Fed held rates steady but voiced concerns over inflation and …

    Source: Benzinga - Neutral
  • Published on Feb 20, 2025

    Gold is booming amid the geopolitical chaos

    21st February 2025 PREVIEW Africa’s gold miners, great and small, are reaping benefits from the mounting geopolitical chaos. The gold price, which surged 20% in 2024 due to escalating political risks, has risen another 10% since Donald Trump took over the …

    Source: Africa Confidential - Label Pending
  • Published on Feb 20, 2025

    Return to "maximum pressure": Opportunities and challenges

    With the signing of a presidential memorandum on Feb. 4, the administration of Donald Trump has returned to a “maximum pressure” campaign against Iran, but circumstances have changed drastically since the policy of intensified sanctions was originally …

    Distribution channels: Politics
  • Published on Feb 20, 2025

    Energy markets react to Trump tariffs – coal range bound, petcoke higher amid falling discounts

    The first weeks after Trump’s inauguration were hectic. The US withdrawal from the Paris Agreement and promises of increased US oil production could lead to lower the oil prices. The geopolitical situation is volatile with Trump’s rhetoric around the take …

    Source: International Cement Review - Neutral
  • Published on Feb 19, 2025

    USDA Works to Rehire FSIS Staff Amid New HPAI Strategy Rollout

    Updates: Policy/News/Markets, Feb. 19, 2025 — USDA works to rehire FSIS staff amid new HPAI strategy rollout. USDA’s Food Safety and Inspection Service (FSIS) is working to rehire several staff members mistakenly fired over the weekend despite …

    Source: Profarmer - Label Pending

02 days 06:30:40

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